Incanthera (AQSE:INC) Quick Ratio: 0.87 (As of Sep. 2025) — 42% Below Median


What is Incanthera Quick Ratio?

Incanthera AQSE:INC Quick Ratio is 0.87 as of Sep. 2025, which is 42% below its 10-year median of 1.50. The stock has 2 warning signs investors should review. Among 1,411 Biotechnology companies, Incanthera ranks worse than 83.42% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Incanthera's quick ratio for the quarter that ended in Sep. 2025 was 0.87.

Incanthera has a quick ratio of 0.87. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Incanthera's Quick Ratio or its related term are showing as below:

AQSE:INC' s Quick Ratio Range Over the Past 10 Years
Min: 0.14   Med: 1.5   Max: 7.28
Current: 0.87

During the past 6 years, Incanthera's highest Quick Ratio was 7.28. The lowest was 0.14. And the median was 1.50.

AQSE:INC's Quick Ratio is ranked worse than
83.42% of 1411 companies
in the Biotechnology industry
Industry Median: 3.6 vs AQSE:INC: 0.87

Incanthera  (AQSE:INC) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Incanthera Quick Ratio Related Terms


Incanthera Quick Ratio Historical Data

* Premium members only.

The historical data trend for Incanthera's Quick 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.

Incanthera Quick Ratio Chart

Incanthera Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
Get a 7-Day Free Trial 7.28 2.49 0.49 0.14 1.50

Incanthera Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.14 2.20 1.50 0.87

AQSE:INC vs VRTX, REGN, ALNY: Quick Ratio Comparison

For the Biotechnology subindustry, Incanthera's Quick Ratio, along with its competitors' market caps and Quick 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.


Incanthera Quick Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Incanthera's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Incanthera's Quick Ratio falls into.



Incanthera Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Incanthera's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.69-0.869)/0.547
=1.50

Incanthera's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.679-0.868)/0.933
=0.87

* 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 Quick Ratio →
What does a Quick Ratio of 0.87 mean?
Incanthera (AQSE:INC) has a Quick Ratio of 0.87 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Incanthera and its competitors. This is 42% below median its historical median of 1.50. Over the past decade, Incanthera's Quick Ratio has ranged from 0.14 to 7.28. According to the industry distribution chart, Incanthera ranks #1177 out of 1411 companies in the Biotechnology industry, placing it in the top 83.4%.
Is Incanthera's Quick Ratio too high?
Incanthera's current Quick Ratio of 0.87 is 42% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 7.28. The Biotechnology industry median Quick Ratio is 3.60. Incanthera's value of 0.87 is 75.8% below this industry median. Based on the distribution chart, Incanthera ranks #1177 out of 1411 companies in the Biotechnology industry, which is in the bottom quartile relative to peers.
How does Incanthera's Quick Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Incanthera ranks #1177 out of 1411 companies for Quick Ratio. This places Incanthera in the lower half of its industry. The industry median Quick Ratio is 3.60. Incanthera's value of 0.87 is 75.8% below this benchmark. Historically, Incanthera's own Quick Ratio has ranged from 0.14 to 7.28 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 3.60, Incanthera 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 Quick Ratio for a Biotechnology company?
The median Quick Ratio among Biotechnology companies is 3.60, based on 1,411 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Incanthera's current Quick Ratio of 0.87 is 75.8% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Incanthera and its competitors. For the Biotechnology industry, the median Quick Ratio is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Incanthera's current Quick Ratio is 0.87, which is 42% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incanthera stock overvalued right now?
Incanthera (AQSE:INC) has a current Quick Ratio of 0.87. The current Quick Ratio is 0.87, which is 42% below median its 10-year median of 1.50 and 75.8% below the Biotechnology industry median of 3.60. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Incanthera (AQSE:INC), the current Quick Ratio is 0.87 as of Sep. 2025. 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.

Incanthera Business Description

Address C/o Gateley Plc, 98 King Street, Manchester, GBR, M2 4WU
Incanthera PLC is clinical stage drug development. It specializes in dermatology and oncology therapeutics. The company has launched a skincare range called Skin + CELL, which addresses and enhances life quality through effective delivery of bioactive ingredients capable of energising the skin's natural repair and defence processes at the cellular level. It has one reportable segment, namely the development of dermatology and pharmaceutical products, within the United Kingdom and Switzerland.