CareRx (FRA:29C1) Quick Ratio: 0.76 (As of Jun. 2026) — Near Median

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FRA:29C1 CareRx Corp FRA:29C1
66 GF Score
Price €2.04
GF Value €1.37
! 3 Warning Signs
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What is CareRx Quick Ratio?

CareRx FRA:29C1 66 Quick Ratio is 0.76 as of Jun. 2026, which is at its 10-year median of 0.76. GuruFocus rates FRA:29C1 with a GF Score™ of 66/100 and a GF Value™ of €1.37. The stock has 3 warning signs investors should review. Among 681 Healthcare Providers & Services companies, CareRx ranks worse than 74.89% 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. CareRx's quick ratio for the quarter that ended in Jun. 2026 was 0.76.

CareRx has a quick ratio of 0.76. It indicates that the company cannot currently fully pay back its current liabilities.

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

FRA:29C1' s Quick Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.76   Max: 1.46
Current: 0.76

During the past 13 years, CareRx's highest Quick Ratio was 1.46. The lowest was 0.16. And the median was 0.76.

FRA:29C1's Quick Ratio is ranked worse than
74.89% of 681 companies
in the Healthcare Providers & Services industry
Industry Median: 1.31 vs FRA:29C1: 0.76

CareRx  (FRA:29C1) 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.


CareRx Quick Ratio Related Terms


CareRx Quick Ratio Historical Data

* Premium members only.

The historical data trend for CareRx'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.

CareRx Quick Ratio Chart

CareRx 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 1.46 1.08 0.73 0.71 0.78

CareRx Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.78 0.83 0.78 0.80 0.76

FRA:29C1 vs HCA, THC, DVA: Quick Ratio Comparison

For the Medical Care Facilities subindustry, CareRx'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.


CareRx Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CareRx's Quick Ratio distribution charts can be found below:

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


FRA:29C1
66GF Score
CareRx Corp FRA:29C1
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CareRx 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.

CareRx'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
=(41.487-10.861)/39.022
=0.78

CareRx's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(40.929-12.015)/38.025
=0.76

* 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 0.76 mean?
CareRx (FRA:29C1) has a Quick Ratio of 0.76 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CareRx and its competitors. This is near median its historical median of 0.76. Over the past decade, CareRx's Quick Ratio has ranged from 0.16 to 1.46. According to the industry distribution chart, CareRx ranks #510 out of 681 companies in the Healthcare Providers & Services industry, placing it in the top 74.9%.
Is CareRx's Quick Ratio too high?
CareRx's current Quick Ratio of 0.76 is near median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.46. The Healthcare Providers & Services industry median Quick Ratio is 1.31. CareRx's value of 0.76 is 42% below this industry median. Based on the distribution chart, CareRx ranks #510 out of 681 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, CareRx has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does CareRx's Quick Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, CareRx ranks #510 out of 681 companies for Quick Ratio. This places CareRx in the lower half of its industry. The industry median Quick Ratio is 1.31. CareRx's value of 0.76 is 42% below this benchmark. Historically, CareRx's own Quick Ratio has ranged from 0.16 to 1.46 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.31, CareRx 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.31, based on 681 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. CareRx's current Quick Ratio of 0.76 is 42% 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 CareRx and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CareRx's current Quick Ratio is 0.76, which is near median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CareRx stock overvalued right now?
CareRx (FRA:29C1) has a current Quick Ratio of 0.76. The stock's GF Value™ is €1.37, compared to a current price of €2.04 — trading 48.9% above its estimated fair value. The current Quick Ratio is 0.76, which is near median its 10-year median of 0.76 and 42% below the Healthcare Providers & Services industry median of 1.31. CareRx's overall GF Score™ is 66/100 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 CareRx (FRA:29C1), the current Quick Ratio is 0.76 as of Jun. 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 CareRx (FRA:29C1) Overvalued in 2026?

Based on GuruFocus' analysis, CareRx stock appears to be overvalued. The current stock price of €2.04 is trading 48.9% above its estimated GF Value™ of €1.37.

Key valuation signals for FRA:29C1:

  • Quick Ratio: 0.76 (near median its 10-year median of 0.76)
  • GF Value™: €1.37 vs. price of €2.04 (48.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 42% below the Healthcare Providers & Services median (#510 of 681)

No single metric tells the full story. See the FRA:29C1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CareRx Business Description

Other Exchanges CHHHF:USACRRX:Canada
Address 320 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 4A6
CareRx Corp is a provider of specialty pharmacy services to seniors. The company is a national organization with a large network of pharmacy fulfilment centers strategically located across the country. This allows it to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. It takes an active role in working with its home operator partners to promote resident health, staff education and medication system quality and efficiency. The Company has one reportable segment which consists of the Company-owned and operated institutional pharmacy business. Geographically it derives revenue from the sales of goods and capitated service fees in Ontario and Western Canada.
66GF Score

Get the complete analysis for FRA:29C1

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

€2.04
Price
€1.37
GF Value