ASPN (Aspen Aerogels) Quick Ratio: 2.54 (As of Mar. 2026) — Near Median


ASPN Aspen Aerogels Inc ASPN
66 GF Score
Price $5.73
GF Value $5.13
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Aspen Aerogels Quick Ratio?

Aspen Aerogels ASPN -2.88% 66 Quick Ratio is 2.54 as of Mar. 2026, which is 0% below its 10-year median of 2.55. GuruFocus rates ASPN with a GF Score™ of 66/100 and a GF Value™ of $5.13 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,786 Construction companies, Aspen Aerogels ranks better than 84.88% 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. Aspen Aerogels's quick ratio for the quarter that ended in Mar. 2026 was 2.54.

Aspen Aerogels has a quick ratio of 2.54. It generally indicates good short-term financial strength.

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

ASPN' s Quick Ratio Range Over the Past 10 Years
Min: 1.05   Med: 2.55   Max: 5.03
Current: 2.54

During the past 13 years, Aspen Aerogels's highest Quick Ratio was 5.03. The lowest was 1.05. And the median was 2.55.

ASPN's Quick Ratio is ranked better than
84.88% of 1786 companies
in the Construction industry
Industry Median: 1.285 vs ASPN: 2.54

Aspen Aerogels  (NYSE:ASPN) 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.


Aspen Aerogels Quick Ratio Related Terms


Aspen Aerogels Quick Ratio Historical Data

* Premium members only.

The historical data trend for Aspen Aerogels'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.

Aspen Aerogels Quick Ratio Chart

Aspen Aerogels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 4.40 2.91 3.29 3.29

Aspen Aerogels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 3.53 3.31 3.33 3.29 2.54

ASPN vs SWIM, JLHL, JBI: Quick Ratio Comparison

For the Building Products & Equipment subindustry, Aspen Aerogels'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.


Aspen Aerogels Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Aspen Aerogels's Quick Ratio distribution charts can be found below:

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


ASPN
66GF Score
Aspen Aerogels Inc ASPN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Aerogels 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.

Aspen Aerogels's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(242.053-38.249)/62.025
=3.29

Aspen Aerogels's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(253.971-31.054)/87.803
=2.54

* 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 2.54 mean?
Aspen Aerogels (ASPN) has a Quick Ratio of 2.54 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Aspen Aerogels and its competitors. This is near median its historical median of 2.55. Over the past decade, Aspen Aerogels' Quick Ratio has ranged from 1.05 to 5.03. According to the industry distribution chart, Aspen Aerogels ranks #270 out of 1786 companies in the Construction industry, placing it in the top 15.1%.
Is Aspen Aerogels' Quick Ratio too high?
Aspen Aerogels' current Quick Ratio of 2.54 is near median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 5.03. The Construction industry median Quick Ratio is 1.29. Aspen Aerogels' value of 2.54 is 97.7% above this industry median. Based on the distribution chart, Aspen Aerogels ranks #270 out of 1786 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Aspen Aerogels has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aspen Aerogels' Quick Ratio compare to SWIM and JLHL?
According to the Construction industry distribution chart, Aspen Aerogels ranks #270 out of 1786 companies for Quick Ratio. This places Aspen Aerogels in the top 15% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.29. Aspen Aerogels' value of 2.54 is 97.7% above this benchmark. Historically, Aspen Aerogels' own Quick Ratio has ranged from 1.05 to 5.03 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.29, Aspen Aerogels 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 Quick Ratio for a Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,786 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. Aspen Aerogels's current Quick Ratio of 2.54 is 97.7% 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 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 Aspen Aerogels and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Aerogels's current Quick Ratio is 2.54, which is near median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Aerogels stock overvalued right now?
Based on GuruFocus' analysis, Aspen Aerogels (ASPN) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.13, compared to a current price of $5.73 — trading 11.7% above its estimated fair value. The current Quick Ratio is 2.54, which is near median its 10-year median of 2.55 and 97.7% above the Construction industry median of 1.29. Aspen Aerogels' overall GF Score™ is 66/100 with 6 warning signs 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 Aspen Aerogels (ASPN), the current Quick Ratio is 2.54 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.

Is Aspen Aerogels (ASPN) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Aerogels stock appears to be overvalued. The current stock price of $5.73 is trading 11.7% above its estimated GF Value™ of $5.13. GuruFocus considers Aspen Aerogels to be Modestly Overvalued.

Key valuation signals for ASPN:

  • Quick Ratio: 2.54 (near median its 10-year median of 2.55)
  • GF Value™: $5.13 vs. price of $5.73 (11.7% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 97.7% above the Construction median (#270 of 1786)

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


Aspen Aerogels Business Description

Address 30 Forbes Road, Building B, Northborough, MA, USA, 01532
Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology, supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Thermal Barrier segment and the United States market. Some of its products include Pyrogel XTE, Cryogel Z, Spaceloft Subsea, and others.
66GF Score

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

$5.73
Price
$5.13
GF Value