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NkartaNKTX +3.53%31 Cash Ratio is 7.76 as of Jun. 2026, which is 47% below its 10-year median of 14.51. GuruFocus rates NKTX with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 1,382 Biotechnology companies, Nkarta ranks better than 73.44% on this metric.
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.
Nkarta Cash Ratio Related Terms
Nkarta Cash Ratio Historical Data
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The historical data trend for Nkarta'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, Nkarta'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.
Nkarta Cash Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Nkarta's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Nkarta'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.
Nkarta (NKTX) has a Cash Ratio of 7.76 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nkarta and its competitors. This is 47% below median its historical median of 14.51. Over the past decade, Nkarta's Cash Ratio has ranged from 0.36 to 35.66. According to the industry distribution chart, Nkarta ranks #367 out of 1382 companies in the Biotechnology industry, placing it in the top 26.6%.
Is Nkarta's Cash Ratio too high?
Nkarta's current Cash Ratio of 7.76 is 47% below median its 10-year median of 14.51. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 35.66. The Biotechnology industry median Cash Ratio is 2.95. Nkarta's value of 7.76 is 163.5% above this industry median. Based on the distribution chart, Nkarta ranks #367 out of 1382 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Nkarta has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Nkarta's Cash Ratio compare to ACOG and ARMP?
According to the Biotechnology industry distribution chart, Nkarta ranks #367 out of 1382 companies for Cash Ratio. This puts Nkarta in the upper half of its industry. The industry median Cash Ratio is 2.95. Nkarta's value of 7.76 is 163.5% above this benchmark. Historically, Nkarta's own Cash Ratio has ranged from 0.36 to 35.66 over the past decade. While the company's 10-year median is 14.51 vs. the industry median of 2.95, Nkarta has consistently been above 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 2.95, 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. Nkarta's current Cash Ratio of 7.76 is 163.5% above 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 Nkarta and its competitors. For the Biotechnology industry, the median Cash Ratio is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nkarta's current Cash Ratio is 7.76, which is 47% below median its own 10-year median of 14.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nkarta stock overvalued right now?
Nkarta (NKTX) has a current Cash Ratio of 7.76. The current Cash Ratio is 7.76, which is 47% below median its 10-year median of 14.51 and 163.5% above the Biotechnology industry median of 2.95. Nkarta's overall GF Score™ is 31/100 with 3 warning signs 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 Nkarta (NKTX), the current Cash Ratio is 7.76 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.
Nkarta Inc is a clinical-stage biopharmaceutical company pioneering the development of allogeneic, off-the-shelf engineered natural killer (NK) cell therapies. The company is engaged in leveraging the natural potent power of NK cells to identify and kill abnormal cells and recruit adaptive immune effectors to generate responses that are specific and durable. The company is combining its NK-cell expansion platform technology with proprietary cell engineering technologies to generate an abundant supply of NK cells, engineer enhanced NK cell recognition of therapeutic targets, and improve persistence for sustained activity in the body for the treatment of cancer.
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