NRIX (Nurix Therapeutics) Current Ratio: 6.34 (As of May. 2026) — 19% Above Median

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NRIX Nurix Therapeutics Inc NRIX
61 GF Score
Price $25.22
GF Value $6.40
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nurix Therapeutics Current Ratio?

Nurix Therapeutics NRIX +0.36% 61 Current Ratio is 6.34 as of May. 2026, which is 19% above its 10-year median of 5.35. GuruFocus rates NRIX with a GF Score™ of 61/100 and a GF Value™ of $6.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,410 Biotechnology companies, Nurix Therapeutics ranks better than 65.04% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Nurix Therapeutics's current ratio for the quarter that ended in May. 2026 was 6.34.

Nurix Therapeutics has a current ratio of 6.34. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Nurix Therapeutics's Current Ratio or its related term are showing as below:

NRIX' s Current Ratio Range Over the Past 10 Years
Min: 1.24   Med: 5.35   Max: 8.88
Current: 6.34

During the past 8 years, Nurix Therapeutics's highest Current Ratio was 8.88. The lowest was 1.24. And the median was 5.35.

NRIX's Current Ratio is ranked better than
65.04% of 1410 companies
in the Biotechnology industry
Industry Median: 3.85 vs NRIX: 6.34

Nurix Therapeutics  (NAS:NRIX) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Nurix Therapeutics Current Ratio Related Terms


Nurix Therapeutics Current Ratio Historical Data

* Premium members only.

The historical data trend for Nurix Therapeutics's Current 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.

Nurix Therapeutics Current Ratio Chart

Nurix Therapeutics Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Current Ratio
Get a 7-Day Free Trial 4.70 4.51 3.40 6.46 7.02

Nurix Therapeutics Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.82 5.35 7.02 6.01 6.34

NRIX vs PHVS, NKTR, TRVI: Current Ratio Comparison

For the Biotechnology subindustry, Nurix Therapeutics's Current Ratio, along with its competitors' market caps and Current 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.


Nurix Therapeutics Current Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Nurix Therapeutics's Current Ratio distribution charts can be found below:

* The bar in red indicates where Nurix Therapeutics's Current Ratio falls into.


NRIX
61GF Score
Nurix Therapeutics Inc NRIX
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nurix Therapeutics Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Nurix Therapeutics's Current Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Current Ratio (A: Nov. 2025 )=Total Current Assets (A: Nov. 2025 )/Total Current Liabilities (A: Nov. 2025 )
=606.819/86.471
=7.02

Nurix Therapeutics's Current Ratio for the quarter that ended in May. 2026 is calculated as

Current Ratio (Q: May. 2026 )=Total Current Assets (Q: May. 2026 )/Total Current Liabilities (Q: May. 2026 )
=456.481/72.02
=6.34

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 6.34 mean?
Nurix Therapeutics (NRIX) has a Current Ratio of 6.34 as of May. 2026. This is 19% above median its historical median of 5.35. Over the past decade, Nurix Therapeutics' Current Ratio has ranged from 1.24 to 8.88. According to the industry distribution chart, Nurix Therapeutics ranks #493 out of 1410 companies in the Biotechnology industry, placing it in the top 35%.
Is Nurix Therapeutics' Current Ratio too high?
Nurix Therapeutics' current Current Ratio of 6.34 is 19% above median its 10-year median of 5.35. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 8.88. The Biotechnology industry median Current Ratio is 3.85. Nurix Therapeutics' value of 6.34 is 64.7% above this industry median. Based on the distribution chart, Nurix Therapeutics ranks #493 out of 1410 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Nurix Therapeutics has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nurix Therapeutics' Current Ratio compare to PHVS and NKTR?
According to the Biotechnology industry distribution chart, Nurix Therapeutics ranks #493 out of 1410 companies for Current Ratio. This puts Nurix Therapeutics in the upper half of its industry. The industry median Current Ratio is 3.85. Nurix Therapeutics' value of 6.34 is 64.7% above this benchmark. Historically, Nurix Therapeutics' own Current Ratio has ranged from 1.24 to 8.88 over the past decade. While the company's 10-year median is 5.35 vs. the industry median of 3.85, Nurix Therapeutics 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 Current Ratio for a Biotechnology company?
The median Current Ratio among Biotechnology companies is 3.85, based on 1,410 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nurix Therapeutics's current Current Ratio of 6.34 is 64.7% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Biotechnology industry, the median Current Ratio is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nurix Therapeutics's current Current Ratio is 6.34, which is 19% above median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nurix Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Nurix Therapeutics (NRIX) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.40, compared to a current price of $25.22 — trading 294.1% above its estimated fair value. The current Current Ratio is 6.34, which is 19% above median its 10-year median of 5.35 and 64.7% above the Biotechnology industry median of 3.85. Nurix Therapeutics' overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Nurix Therapeutics (NRIX), the current Current Ratio is 6.34 as of May. 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.

Is Nurix Therapeutics (NRIX) Overvalued in 2026?

Based on GuruFocus' analysis, Nurix Therapeutics stock appears to be overvalued. The current stock price of $25.22 is trading 294.1% above its estimated GF Value™ of $6.40. GuruFocus considers Nurix Therapeutics to be Significantly Overvalued.

Key valuation signals for NRIX:

  • Current Ratio: 6.34 (19% above median its 10-year median of 5.35)
  • GF Value™: $6.40 vs. price of $25.22 (294.1% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 64.7% above the Biotechnology median (#493 of 1410)

No single metric tells the full story. See the NRIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nurix Therapeutics Business Description

Address 1600 Sierra Point Parkway, Brisbane, CA, USA, 94005
Nurix Therapeutics Inc is a clinical-stage biopharmaceutical company focused on the discovery, development, and potential commercialization of targeted protein degradation therapies for cancer and inflammatory diseases. It utilizes an integrated discovery platform that incorporates artificial intelligence and ligase expertise to support its research activities. The company's pipeline includes Bexobrutideg (NX-5948), Zelebrudomide (NX-2127), NX-1607 and BRAF degrader. These drug candidates target specific proteins involved in immune and cancer-related pathways. It operates in a single business segment.
61GF Score

Get the complete analysis for NRIX

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.22
Price
$6.40
GF Value