Cogent BiosciencesCOGT +3.58%25 Quick Ratio is 15.14 as of Mar. 2026, which is 101% above its 10-year median of 7.54. GuruFocus rates COGT with a GF Score™ of 25/100. The stock has 3 warning signs investors should review. Among 1,417 Biotechnology companies, Cogent Biosciences ranks better than 87.3% on this metric.
Cogent Biosciences has a quick ratio of 15.14. It generally indicates good short-term financial strength.
The historical rank and industry rank for Cogent Biosciences's Quick Ratio or its related term are showing as below:
COGT'
s Quick Ratio Range Over the Past 10 Years
Min: 1.53 Med: 7.54 Max: 28.16
Current: 15.14
During the past 11 years, Cogent Biosciences's highest Quick Ratio was 28.16. The lowest was 1.53. And the median was 7.54.
COGT's Quick Ratio is ranked better than 87.3% of 1417
companies
in the Biotechnology industry
Industry Median: 3.6
vs COGT: 15.14
Cogent Biosciences (NAS:COGT) 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.
Cogent Biosciences Quick Ratio Related Terms
Cogent Biosciences Quick Ratio Historical Data
* Premium members only.
The historical data trend for Cogent Biosciences'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, Cogent Biosciences'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.
Cogent Biosciences Quick Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Cogent Biosciences's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Cogent Biosciences'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.
Cogent Biosciences'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.
Cogent Biosciences (COGT) has a Quick Ratio of 15.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Cogent Biosciences and its competitors. This is 101% above median its historical median of 7.54. Over the past decade, Cogent Biosciences' Quick Ratio has ranged from 1.53 to 28.16. According to the industry distribution chart, Cogent Biosciences ranks #180 out of 1417 companies in the Biotechnology industry, placing it in the top 12.7%.
Is Cogent Biosciences' Quick Ratio too high?
Cogent Biosciences' current Quick Ratio of 15.14 is 101% above median its 10-year median of 7.54. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 28.16. The Biotechnology industry median Quick Ratio is 3.60. Cogent Biosciences' value of 15.14 is 320.6% above this industry median. Based on the distribution chart, Cogent Biosciences ranks #180 out of 1417 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Cogent Biosciences has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Cogent Biosciences' Quick Ratio compare to SRRK and RYTM?
According to the Biotechnology industry distribution chart, Cogent Biosciences ranks #180 out of 1417 companies for Quick Ratio. This places Cogent Biosciences in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.60. Cogent Biosciences' value of 15.14 is 320.6% above this benchmark. Historically, Cogent Biosciences' own Quick Ratio has ranged from 1.53 to 28.16 over the past decade. While the company's 10-year median is 7.54 vs. the industry median of 3.60, Cogent Biosciences 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 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. Cogent Biosciences's current Quick Ratio of 15.14 is 320.6% 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 Cogent Biosciences 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. Cogent Biosciences's current Quick Ratio is 15.14, which is 101% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogent Biosciences stock overvalued right now?
Cogent Biosciences (COGT) has a current Quick Ratio of 15.14. The current Quick Ratio is 15.14, which is 101% above median its 10-year median of 7.54 and 320.6% above the Biotechnology industry median of 3.60. Cogent Biosciences' overall GF Score™ is 25/100 with 3 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 Cogent Biosciences (COGT), the current Quick Ratio is 15.14 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.
Cogent Biosciences Inc a biotechnology company focused on developing precision therapies for genetically defined diseases. It designs rational precision therapies that treat the underlying cause of disease and improve the lives of patients. Its program CGT9486, is a selective tyrosine kinase inhibitor designed to potently inhibit the KIT D816V mutation as well as other mutations in KIT exon 17. In the vast majority of cases, KIT D816V is responsible for driving Systemic Mastocytosis (SM), a serious disease caused by the unchecked proliferation of mast cells. Exon 17 mutations are also found in patients with advanced gastrointestinal stromal tumors (GIST), a type of cancer with dependence on oncogenic KIT signaling.
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