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Jasper TherapeuticsJSPRW -63.24%30 Cash Ratio is 0.93 as of Jun. 2026, which is 87% below its 10-year median of 7.02. GuruFocus rates JSPRW with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 1,382 Biotechnology companies, Jasper Therapeutics ranks worse than 73.73% on this metric.
Jasper Therapeutics has a Cash Ratio of 0.93. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Jasper Therapeutics's Cash Ratio or its related term are showing as below:
JSPRW'
s Cash Ratio Range Over the Past 10 Years
Min: 0.93 Med: 7.02 Max: 16.4
Current: 0.93
During the past 6 years, Jasper Therapeutics's highest Cash Ratio was 16.40. The lowest was 0.93. And the median was 7.02.
JSPRW's Cash Ratio is ranked worse than 73.73% of 1382
companies
in the Biotechnology industry
Industry Median: 2.93
vs JSPRW: 0.93
Jasper Therapeutics (NAS:JSPRW) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Jasper Therapeutics Cash Ratio Related Terms
Jasper Therapeutics Cash Ratio Historical Data
* Premium members only.
The historical data trend for Jasper Therapeutics's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Biotechnology subindustry, Jasper Therapeutics's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jasper Therapeutics Cash Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Jasper Therapeutics's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Jasper Therapeutics's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Jasper Therapeutics (JSPRW) has a Cash Ratio of 0.93 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Jasper Therapeutics and its competitors. This is 87% below median its historical median of 7.02. Over the past decade, Jasper Therapeutics' Cash Ratio has ranged from 0.93 to 16.40. According to the industry distribution chart, Jasper Therapeutics ranks #1019 out of 1382 companies in the Biotechnology industry, placing it in the top 73.7%.
Is Jasper Therapeutics' Cash Ratio too high?
Jasper Therapeutics' current Cash Ratio of 0.93 is 87% below median its 10-year median of 7.02. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 16.40. The Biotechnology industry median Cash Ratio is 2.93. Jasper Therapeutics' value of 0.93 is 68.3% below this industry median. Based on the distribution chart, Jasper Therapeutics ranks #1019 out of 1382 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Jasper Therapeutics has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Jasper Therapeutics' Cash Ratio compare to CNSY and MRKR?
According to the Biotechnology industry distribution chart, Jasper Therapeutics ranks #1019 out of 1382 companies for Cash Ratio. This places Jasper Therapeutics in the lower half of its industry. The industry median Cash Ratio is 2.93. Jasper Therapeutics' value of 0.93 is 68.3% below this benchmark. Historically, Jasper Therapeutics' own Cash Ratio has ranged from 0.93 to 16.40 over the past decade. While the company's 10-year median is 7.02 vs. the industry median of 2.93, Jasper Therapeutics has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Biotechnology company?
The median Cash Ratio among Biotechnology companies is 2.93, based on 1,382 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jasper Therapeutics's current Cash Ratio of 0.93 is 68.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Jasper Therapeutics and its competitors. For the Biotechnology industry, the median Cash Ratio is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jasper Therapeutics's current Cash Ratio is 0.93, which is 87% below median its own 10-year median of 7.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jasper Therapeutics stock overvalued right now?
Jasper Therapeutics (JSPRW) has a current Cash Ratio of 0.93. The current Cash Ratio is 0.93, which is 87% below median its 10-year median of 7.02 and 68.3% below the Biotechnology industry median of 2.93. Jasper Therapeutics' overall GF Score™ is 30/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Jasper Therapeutics (JSPRW), the current Cash Ratio is 0.93 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Jasper Therapeutics Inc is a clinical-stage biotechnology company focused on developing therapeutics targeting mast cell driven diseases such as Chronic Spontaneous Urticaria (CSU), Chronic Inducible Urticaria (CIndU) and asthma. The company's lead product candidate, briquilimab, is a monoclonal antibody designed to block stem cell factor (SCF) from binding to and signaling through the CD117 (KIT) receptor on mast and stem cells. The company has a single operating and reportable segment, which is the research and development of therapeutic products in the fields of chronic urticaria and asthma.
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