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ProMIS NeurosciencesPMN -0.66%35 Cash Ratio is 9.65 as of Mar. 2026, which is 594% above its 10-year median of 1.39. GuruFocus rates PMN with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 1,385 Biotechnology companies, ProMIS Neurosciences ranks better than 79.06% on this metric.
ProMIS Neurosciences has a Cash Ratio of 9.65. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for ProMIS Neurosciences's Cash Ratio or its related term are showing as below:
PMN'
s Cash Ratio Range Over the Past 10 Years
Min: 0.14 Med: 1.39 Max: 18.27
Current: 9.65
During the past 13 years, ProMIS Neurosciences's highest Cash Ratio was 18.27. The lowest was 0.14. And the median was 1.39.
PMN's Cash Ratio is ranked better than 79.06% of 1385
companies
in the Biotechnology industry
Industry Median: 2.93
vs PMN: 9.65
ProMIS Neurosciences (NAS:PMN) 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.
ProMIS Neurosciences Cash Ratio Related Terms
ProMIS Neurosciences Cash Ratio Historical Data
* Premium members only.
The historical data trend for ProMIS Neurosciences'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, ProMIS Neurosciences'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.
ProMIS Neurosciences Cash Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, ProMIS Neurosciences's Cash Ratio distribution charts can be found below:
* The bar in red indicates where ProMIS Neurosciences'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.
ProMIS Neurosciences (PMN) has a Cash Ratio of 9.65 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on ProMIS Neurosciences and its competitors. This is 594% above median its historical median of 1.39. Over the past decade, ProMIS Neurosciences' Cash Ratio has ranged from 0.14 to 18.27. According to the industry distribution chart, ProMIS Neurosciences ranks #290 out of 1385 companies in the Biotechnology industry, placing it in the top 20.9%.
Is ProMIS Neurosciences' Cash Ratio too high?
ProMIS Neurosciences' current Cash Ratio of 9.65 is 594% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 18.27. The Biotechnology industry median Cash Ratio is 2.93. ProMIS Neurosciences' value of 9.65 is 229.4% above this industry median. Based on the distribution chart, ProMIS Neurosciences ranks #290 out of 1385 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, ProMIS Neurosciences has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does ProMIS Neurosciences' Cash Ratio compare to FBIO and VANI?
According to the Biotechnology industry distribution chart, ProMIS Neurosciences ranks #290 out of 1385 companies for Cash Ratio. This places ProMIS Neurosciences in the top 21% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 2.93. ProMIS Neurosciences' value of 9.65 is 229.4% above this benchmark. Historically, ProMIS Neurosciences' own Cash Ratio has ranged from 0.14 to 18.27 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 2.93, ProMIS Neurosciences 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 2.93, based on 1,385 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. ProMIS Neurosciences's current Cash Ratio of 9.65 is 229.4% 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 ProMIS Neurosciences 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. ProMIS Neurosciences's current Cash Ratio is 9.65, which is 594% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProMIS Neurosciences stock overvalued right now?
ProMIS Neurosciences (PMN) has a current Cash Ratio of 9.65. The current Cash Ratio is 9.65, which is 594% above median its 10-year median of 1.39 and 229.4% above the Biotechnology industry median of 2.93. ProMIS Neurosciences' overall GF Score™ is 35/100 with 2 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 ProMIS Neurosciences (PMN), the current Cash Ratio is 9.65 as of Mar. 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.
ProMIS Neurosciences Inc is a clinical-stage biotechnology company focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimers disease (AD), amyotrophic lateral sclerosis (ALS), and multiple system atrophy (MSA). The company applies its thermodynamic, computational discovery platform, ProMIS, and Collective Coordinates to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Compnies product candidates are PMN310, PMN267, and PMN442. Lead product candidate is PMN310, a monoclonal antibody designed to treat AD by selectively targeting toxic, misfolded oligomers of amyloid-beta. PMN267 is companies second lead product candidate targeting ALS.
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