2cureX AB (FRA:2QE) Quick Ratio: 1.14 (As of Jun. 2025) — 70% Below Median

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FRA:2QE 2cureX AB FRA:2QE
37 GF Score
Price €0.16
! 3 Warning Signs
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What is 2cureX AB Quick Ratio?

2cureX AB FRA:2QE +0.38% 37 Quick Ratio is 1.14 as of Jun. 2025, which is 70% below its 10-year median of 3.83. GuruFocus rates FRA:2QE with a GF Score™ of 37/100. The stock has 3 warning signs investors should review. Among 1,411 Biotechnology companies, 2cureX AB ranks worse than 78.1% 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. 2cureX AB's quick ratio for the quarter that ended in Jun. 2025 was 1.14.

2cureX AB has a quick ratio of 1.14. It generally indicates good short-term financial strength.

The historical rank and industry rank for 2cureX AB's Quick Ratio or its related term are showing as below:

FRA:2QE' s Quick Ratio Range Over the Past 10 Years
Min: 1.14   Med: 3.83   Max: 21.8
Current: 1.14

During the past 10 years, 2cureX AB's highest Quick Ratio was 21.80. The lowest was 1.14. And the median was 3.83.

FRA:2QE's Quick Ratio is ranked worse than
78.1% of 1411 companies
in the Biotechnology industry
Industry Median: 3.59 vs FRA:2QE: 1.14

2cureX AB  (FRA:2QE) 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.


2cureX AB Quick Ratio Related Terms


2cureX AB Quick Ratio Historical Data

* Premium members only.

The historical data trend for 2cureX AB'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.

2cureX AB Quick Ratio Chart

2cureX AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.84 16.29 10.08 3.85 2.55

2cureX AB Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 12.02 3.85 1.51 2.55 1.14

FRA:2QE vs VRTX, REGN, ALNY: Quick Ratio Comparison

For the Biotechnology subindustry, 2cureX AB'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.


2cureX AB Quick Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, 2cureX AB's Quick Ratio distribution charts can be found below:

* The bar in red indicates where 2cureX AB's Quick Ratio falls into.


FRA:2QE
37GF Score
2cureX AB FRA:2QE
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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2cureX AB 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.

2cureX AB's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.67-0)/0.263
=2.55

2cureX AB's Quick Ratio for the quarter that ended in Jun. 2025 is calculated as

Quick Ratio (Q: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.47-0)/0.413
=1.14

* 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 1.14 mean?
2cureX AB (FRA:2QE) has a Quick Ratio of 1.14 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on 2cureX AB and its competitors. This is 70% below median its historical median of 3.83. Over the past decade, 2cureX AB's Quick Ratio has ranged from 1.14 to 21.80. According to the industry distribution chart, 2cureX AB ranks #1102 out of 1411 companies in the Biotechnology industry, placing it in the top 78.1%.
Is 2cureX AB's Quick Ratio too high?
2cureX AB's current Quick Ratio of 1.14 is 70% below median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 21.80. The Biotechnology industry median Quick Ratio is 3.59. 2cureX AB's value of 1.14 is 68.2% below this industry median. Based on the distribution chart, 2cureX AB ranks #1102 out of 1411 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, 2cureX AB has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does 2cureX AB's Quick Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, 2cureX AB ranks #1102 out of 1411 companies for Quick Ratio. This places 2cureX AB in the lower half of its industry. The industry median Quick Ratio is 3.59. 2cureX AB's value of 1.14 is 68.2% below this benchmark. Historically, 2cureX AB's own Quick Ratio has ranged from 1.14 to 21.80 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 3.59, 2cureX AB 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 3.59, based on 1,411 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. 2cureX AB's current Quick Ratio of 1.14 is 68.2% 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 2cureX AB and its competitors. For the Biotechnology industry, the median Quick Ratio is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2cureX AB's current Quick Ratio is 1.14, which is 70% below median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2cureX AB stock overvalued right now?
2cureX AB (FRA:2QE) has a current Quick Ratio of 1.14. The current Quick Ratio is 1.14, which is 70% below median its 10-year median of 3.83 and 68.2% below the Biotechnology industry median of 3.59. 2cureX AB's overall GF Score™ is 37/100 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 2cureX AB (FRA:2QE), the current Quick Ratio is 1.14 as of Jun. 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.

2cureX AB Business Description

Other Exchanges 2CUREX:Sweden
Address Fruebjergvej 3, Copenhagen, DNK, DK-2100
2cureX AB is a biotech company. The company is engaged in improving treatment efficiency, mainly for cancer patients. It is involved in developing a product, namely IndiTreat, which is a technology for the treatment of colorectal, ovarian, and pancreatic cancers. The company's sub-products include IndiTreat Test, IndiTreat clinical programs, and IndiTreat Therapy Design.
37GF Score

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

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