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Alterity TherapeuticsPRNAF 29 Cash Ratio is 0.00 as of Mar. 2026. GuruFocus rates PRNAF with a GF Score™ of 29/100. Among 1,384 Biotechnology companies, Alterity Therapeutics ranks better than 83.67% on this metric.
Alterity Therapeutics has a Cash Ratio of 0.00. 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 Alterity Therapeutics's Cash Ratio or its related term are showing as below:
PRNAF'
s Cash Ratio Range Over the Past 10 Years
Min: 1.67 Med: 5.98 Max: 19.03
Current: 11.5
During the past 13 years, Alterity Therapeutics's highest Cash Ratio was 19.03. The lowest was 1.67. And the median was 5.98.
PRNAF's Cash Ratio is ranked better than 83.67% of 1384
companies
in the Biotechnology industry
Industry Median: 2.93
vs PRNAF: 11.50
Alterity Therapeutics (OTCPK:PRNAF) 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.
* 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, Alterity 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.
Alterity Therapeutics Cash Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Alterity Therapeutics's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Alterity 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.
Alterity Therapeutics (PRNAF) has a Cash Ratio of 0.00 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Alterity Therapeutics and its competitors. Over the past decade, Alterity Therapeutics' Cash Ratio has ranged from 1.67 to 19.03. According to the industry distribution chart, Alterity Therapeutics ranks #226 out of 1384 companies in the Biotechnology industry, placing it in the top 16.3%.
Is Alterity Therapeutics' Cash Ratio too high?
Alterity Therapeutics' current Cash Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 19.03. Based on the distribution chart, Alterity Therapeutics ranks #226 out of 1384 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Alterity Therapeutics has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Alterity Therapeutics' Cash Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Alterity Therapeutics ranks #226 out of 1384 companies for Cash Ratio. This places Alterity Therapeutics in the top 16% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 2.93. Historically, Alterity Therapeutics' own Cash Ratio has ranged from 1.67 to 19.03 over the past decade. 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 1,384 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. 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 Alterity 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. Alterity Therapeutics's current Cash Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alterity Therapeutics stock overvalued right now?
Alterity Therapeutics (PRNAF) has a current Cash Ratio of 0.00. The current Cash Ratio is 0.00. Alterity Therapeutics' overall GF Score™ is 29/100. 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 Alterity Therapeutics (PRNAF), the current Cash Ratio is 0.00 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.
Alterity Therapeutics Ltd is a clinical-stage biotechnology company focused on neurodegenerative diseases and the creation of a chemical library of proprietary molecules. Its research and clinical development efforts are focused on Parkinson's disease and related disorders, where it is identifying and developing novel compounds that address the underlying pathology of these disorders by binding and redistributing excess labile iron, reducing alpha-synuclein aggregation, and rescuing neurons in the brain. Its pipeline programs are ATH434-201, ATH434-202, bioMUSE, ATH434, and Drug Discovery. The Group operated in one segment, research and development into Parkinsonian and other neurodegenerative disorders.
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