Ascendis Pharma ASASND -0.24%37 Quick Ratio is 0.72 as of Mar. 2026, which is 91% below its 10-year median of 8.24. GuruFocus rates ASND with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 1,417 Biotechnology companies, Ascendis Pharma AS ranks worse than 86.52% on this metric.
Ascendis Pharma AS has a quick ratio of 0.72. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Ascendis Pharma AS's Quick Ratio or its related term are showing as below:
ASND'
s Quick Ratio Range Over the Past 10 Years
Min: 0.44 Med: 8.24 Max: 22.32
Current: 0.72
During the past 13 years, Ascendis Pharma AS's highest Quick Ratio was 22.32. The lowest was 0.44. And the median was 8.24.
ASND's Quick Ratio is ranked worse than 86.52% of 1417
companies
in the Biotechnology industry
Industry Median: 3.6
vs ASND: 0.72
Ascendis Pharma AS (NAS:ASND) 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.
Ascendis Pharma AS Quick Ratio Related Terms
Ascendis Pharma AS Quick Ratio Historical Data
* Premium members only.
The historical data trend for Ascendis Pharma AS'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.
For the Biotechnology subindustry, Ascendis Pharma AS'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.
Ascendis Pharma AS Quick Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Ascendis Pharma AS's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ascendis Pharma AS's Quick Ratio falls into.
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.
Ascendis Pharma AS's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Ascendis Pharma AS (ASND) has a Quick Ratio of 0.72 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ascendis Pharma AS and its competitors. This is 91% below median its historical median of 8.24. Over the past decade, Ascendis Pharma AS's Quick Ratio has ranged from 0.44 to 22.32. According to the industry distribution chart, Ascendis Pharma AS ranks #1226 out of 1417 companies in the Biotechnology industry, placing it in the top 86.5%.
Is Ascendis Pharma AS's Quick Ratio too high?
Ascendis Pharma AS's current Quick Ratio of 0.72 is 91% below median its 10-year median of 8.24. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 22.32. The Biotechnology industry median Quick Ratio is 3.60. Ascendis Pharma AS's value of 0.72 is 80% below this industry median. Based on the distribution chart, Ascendis Pharma AS ranks #1226 out of 1417 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Ascendis Pharma AS has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Ascendis Pharma AS's Quick Ratio compare to SMMT and BBIO?
According to the Biotechnology industry distribution chart, Ascendis Pharma AS ranks #1226 out of 1417 companies for Quick Ratio. This places Ascendis Pharma AS in the lower half of its industry. The industry median Quick Ratio is 3.60. Ascendis Pharma AS's value of 0.72 is 80% below this benchmark. Historically, Ascendis Pharma AS's own Quick Ratio has ranged from 0.44 to 22.32 over the past decade. While the company's 10-year median is 8.24 vs. the industry median of 3.60, Ascendis Pharma AS 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 1,417 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. Ascendis Pharma AS's current Quick Ratio of 0.72 is 80% 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 Ascendis Pharma AS 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. Ascendis Pharma AS's current Quick Ratio is 0.72, which is 91% below median its own 10-year median of 8.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascendis Pharma AS stock overvalued right now?
Ascendis Pharma AS (ASND) has a current Quick Ratio of 0.72. The current Quick Ratio is 0.72, which is 91% below median its 10-year median of 8.24 and 80% below the Biotechnology industry median of 3.60. Ascendis Pharma AS's overall GF Score™ is 37/100 with 1 warning sign to review. 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 Ascendis Pharma AS (ASND), the current Quick Ratio is 0.72 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.
Ascendis Pharma AS is a biopharmaceutical company that applies its TransCon technology platform to make a meaningful difference for patients. The firm's product pipeline includes Endocrinology and Oncology, which includes TransCon PTH, TransCon CNP, and others. It operates in the United States, Europe, and the rest of the world and derives the majority of its revenue from the United States.
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