ELTX (Elicio Therapeutics) Quick Ratio: 2.24 (As of Mar. 2026) — Near Median


ELTX Elicio Therapeutics Inc ELTX
32 GF Score
Price $3.99
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What is Elicio Therapeutics Quick Ratio?

Elicio Therapeutics ELTX +4.85% 32 Quick Ratio is 2.24 as of Mar. 2026, which is 2% below its 10-year median of 2.28. GuruFocus rates ELTX with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 1,416 Biotechnology companies, Elicio Therapeutics ranks worse than 62.57% 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. Elicio Therapeutics's quick ratio for the quarter that ended in Mar. 2026 was 2.24.

Elicio Therapeutics has a quick ratio of 2.24. It generally indicates good short-term financial strength.

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

ELTX' s Quick Ratio Range Over the Past 10 Years
Min: 0.55   Med: 2.28   Max: 4.67
Current: 2.24

During the past 7 years, Elicio Therapeutics's highest Quick Ratio was 4.67. The lowest was 0.55. And the median was 2.28.

ELTX's Quick Ratio is ranked worse than
62.57% of 1416 companies
in the Biotechnology industry
Industry Median: 3.6 vs ELTX: 2.24

Elicio Therapeutics  (NAS:ELTX) 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.


Elicio Therapeutics Quick Ratio Related Terms


Elicio Therapeutics Quick Ratio Historical Data

* Premium members only.

The historical data trend for Elicio Therapeutics'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.

Elicio Therapeutics Quick Ratio Chart

Elicio Therapeutics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 0.55 1.56 1.68 1.80 2.38

Elicio Therapeutics Quarterly Data
Mar20 Dec20 Mar21 Dec21 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 1.83 2.28 3.29 2.38 2.24

ELTX vs CNTN, NBP, NGEN: Quick Ratio Comparison

For the Biotechnology subindustry, Elicio Therapeutics'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.


Elicio Therapeutics Quick Ratio vs Biotechnology Industry

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

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


ELTX
32GF Score
Elicio Therapeutics Inc ELTX
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Elicio Therapeutics 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.

Elicio Therapeutics'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
=(19.311-0)/8.11
=2.38

Elicio Therapeutics'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
=(16.2-0)/7.229
=2.24

* 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 2.24 mean?
Elicio Therapeutics (ELTX) has a Quick Ratio of 2.24 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Elicio Therapeutics and its competitors. This is near median its historical median of 2.28. Over the past decade, Elicio Therapeutics' Quick Ratio has ranged from 0.55 to 4.67. According to the industry distribution chart, Elicio Therapeutics ranks #886 out of 1416 companies in the Biotechnology industry, placing it in the top 62.6%.
Is Elicio Therapeutics' Quick Ratio too high?
Elicio Therapeutics' current Quick Ratio of 2.24 is near median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 4.67. The Biotechnology industry median Quick Ratio is 3.60. Elicio Therapeutics' value of 2.24 is 37.8% below this industry median. Based on the distribution chart, Elicio Therapeutics ranks #886 out of 1416 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Elicio Therapeutics has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Elicio Therapeutics' Quick Ratio compare to CNTN and NBP?
According to the Biotechnology industry distribution chart, Elicio Therapeutics ranks #886 out of 1416 companies for Quick Ratio. This places Elicio Therapeutics in the lower half of its industry. The industry median Quick Ratio is 3.60. Elicio Therapeutics' value of 2.24 is 37.8% below this benchmark. Historically, Elicio Therapeutics' own Quick Ratio has ranged from 0.55 to 4.67 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 3.60, Elicio Therapeutics 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. Elicio Therapeutics's current Quick Ratio of 2.24 is 37.8% 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 Elicio Therapeutics 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. Elicio Therapeutics's current Quick Ratio is 2.24, which is near median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elicio Therapeutics stock overvalued right now?
Elicio Therapeutics (ELTX) has a current Quick Ratio of 2.24. The current Quick Ratio is 2.24, which is near median its 10-year median of 2.28 and 37.8% below the Biotechnology industry median of 3.60. Elicio Therapeutics' overall GF Score™ is 32/100 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 Elicio Therapeutics (ELTX), the current Quick Ratio is 2.24 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.

Elicio Therapeutics Business Description

Other Exchanges 9HA:Germany
Address 451 D Street, Suite 501, 5th Floor, Boston, MA, USA, 02210
Elicio Therapeutics Inc is a clinical-stage biotechnology company advancing novel immunotherapies for the treatment of cancer, including mKRAS-positive pancreatic cancer, colorectal cancer (CRC), lung cancer, and other mKRAS-positive cancers. The Company focuses on developing effective, off-the-shelf immunotherapies using its proprietary Amphiphile (AMP) technology, which aims to enhance the education, activation, and amplification of cancer-specific T cells to promote durable cancer immunosurveillance. Its clinical pipeline includes ELI-002 7P, a lymph node-targeted cancer immunotherapy currently being evaluated in a Phase 2 study for mKRAS pancreatic ductal adenocarcinoma (PDAC), a common form of pancreatic cancer.
32GF Score

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