Mesoblast (ASX:MSB) Quick Ratio: 1.41 (As of Dec. 2025) — 18% Below Median


ASX:MSB Mesoblast Ltd ASX:MSB
46 GF Score
Price A$1.89
! 4 Warning Signs
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What is Mesoblast Quick Ratio?

Mesoblast ASX:MSB -9.38% 46 Quick Ratio is 1.41 as of Dec. 2025, which is 18% below its 10-year median of 1.73. GuruFocus rates ASX:MSB with a GF Score™ of 46/100. The stock has 4 warning signs investors should review. Among 1,416 Biotechnology companies, Mesoblast ranks worse than 74.08% 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. Mesoblast's quick ratio for the quarter that ended in Dec. 2025 was 1.41.

Mesoblast has a quick ratio of 1.41. It generally indicates good short-term financial strength.

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

ASX:MSB' s Quick Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.73   Max: 4.21
Current: 1.41

During the past 13 years, Mesoblast's highest Quick Ratio was 4.21. The lowest was 0.63. And the median was 1.73.

ASX:MSB's Quick Ratio is ranked worse than
74.08% of 1416 companies
in the Biotechnology industry
Industry Median: 3.6 vs ASX:MSB: 1.41

Mesoblast  (ASX:MSB) 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.


Mesoblast Quick Ratio Related Terms


Mesoblast Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mesoblast'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.

Mesoblast Quick Ratio Chart

Mesoblast Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.36 1.95 1.18 1.77

Mesoblast 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 0.00 1.77 0.00 1.41 0.00

ASX:MSB vs VRTX, REGN, ALNY: Quick Ratio Comparison

For the Biotechnology subindustry, Mesoblast'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.


Mesoblast Quick Ratio vs Biotechnology Industry

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

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


ASX:MSB
46GF Score
Mesoblast Ltd ASX:MSB
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mesoblast 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.

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

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(313.882-34.17)/157.634
=1.77

Mesoblast's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(304.737-32.604)/192.744
=1.41

* 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 1.41 mean?
Mesoblast (ASX:MSB) has a Quick Ratio of 1.41 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mesoblast and its competitors. This is 18% below median its historical median of 1.73. Over the past decade, Mesoblast's Quick Ratio has ranged from 0.63 to 4.21. According to the industry distribution chart, Mesoblast ranks #1049 out of 1416 companies in the Biotechnology industry, placing it in the top 74.1%.
Is Mesoblast's Quick Ratio too high?
Mesoblast's current Quick Ratio of 1.41 is 18% below median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 4.21. The Biotechnology industry median Quick Ratio is 3.60. Mesoblast's value of 1.41 is 60.8% below this industry median. Based on the distribution chart, Mesoblast ranks #1049 out of 1416 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Mesoblast has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Mesoblast's Quick Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Mesoblast ranks #1049 out of 1416 companies for Quick Ratio. This places Mesoblast in the lower half of its industry. The industry median Quick Ratio is 3.60. Mesoblast's value of 1.41 is 60.8% below this benchmark. Historically, Mesoblast's own Quick Ratio has ranged from 0.63 to 4.21 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 3.60, Mesoblast 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 1,416 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. Mesoblast's current Quick Ratio of 1.41 is 60.8% 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 Mesoblast 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. Mesoblast's current Quick Ratio is 1.41, which is 18% below median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesoblast stock overvalued right now?
Mesoblast (ASX:MSB) has a current Quick Ratio of 1.41. The current Quick Ratio is 1.41, which is 18% below median its 10-year median of 1.73 and 60.8% below the Biotechnology industry median of 3.60. Mesoblast's overall GF Score™ is 46/100 with 4 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 Mesoblast (ASX:MSB), the current Quick Ratio is 1.41 as of Dec. 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.

Mesoblast Business Description

Address 55 Collins Street, Level 38, Melbourne, VIC, AUS, 3000
Mesoblast Ltd is a commercial-stage biotechnology company and a world leader in developing allogeneic (off-the-shelf) cellular medicines for the treatment of severe and life-threatening inflammatory conditions. The company's product candidates include: Ryoncil (remestemcel-L) for the treatment of steroid-refractory acute graft versus host disease, as well as for the treatment of moderate to severe acute respiratory distress syndrome; Revascor (rexlemestrocel-L) for the treatment of chronic heart failure; and Rexlemestrocel-L for chronic low back pain. The company is managed as one operating segment, being the development of an adult stem cell technology platform for commercialization.
46GF Score

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