Spyre TherapeuticsFRA:3920 -1.90%33 Quick Ratio is 8.97 as of Mar. 2026, which is 3% above its 10-year median of 8.72. GuruFocus rates FRA:3920 with a GF Score™ of 33/100. The stock has 4 warning signs investors should review. Among 1,412 Biotechnology companies, Spyre Therapeutics ranks better than 75.35% on this metric.
Spyre Therapeutics has a quick ratio of 8.97. It generally indicates good short-term financial strength.
The historical rank and industry rank for Spyre Therapeutics's Quick Ratio or its related term are showing as below:
FRA:3920'
s Quick Ratio Range Over the Past 10 Years
Min: 1.03 Med: 8.72 Max: 22.88
Current: 8.97
During the past 13 years, Spyre Therapeutics's highest Quick Ratio was 22.88. The lowest was 1.03. And the median was 8.72.
FRA:3920's Quick Ratio is ranked better than 75.35% of 1412
companies
in the Biotechnology industry
Industry Median: 3.6
vs FRA:3920: 8.97
Spyre Therapeutics (FRA:3920) 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.
Spyre Therapeutics Quick Ratio Related Terms
Spyre Therapeutics Quick Ratio Historical Data
* Premium members only.
The historical data trend for Spyre 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.
FRA:3920 vs MIRM, RYTM, PTGX: Quick Ratio Comparison
For the Biotechnology subindustry, Spyre 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.
Spyre Therapeutics Quick Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Spyre Therapeutics's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Spyre Therapeutics'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.
Spyre Therapeutics'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.
Spyre Therapeutics (FRA:3920) has a Quick Ratio of 8.97 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Spyre Therapeutics and its competitors. This is near median its historical median of 8.72. Over the past decade, Spyre Therapeutics' Quick Ratio has ranged from 1.03 to 22.88. According to the industry distribution chart, Spyre Therapeutics ranks #348 out of 1412 companies in the Biotechnology industry, placing it in the top 24.6%.
Is Spyre Therapeutics' Quick Ratio too high?
Spyre Therapeutics' current Quick Ratio of 8.97 is near median its 10-year median of 8.72. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 22.88. The Biotechnology industry median Quick Ratio is 3.60. Spyre Therapeutics' value of 8.97 is 149.2% above this industry median. Based on the distribution chart, Spyre Therapeutics ranks #348 out of 1412 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Spyre Therapeutics has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Spyre Therapeutics' Quick Ratio compare to MIRM and RYTM?
According to the Biotechnology industry distribution chart, Spyre Therapeutics ranks #348 out of 1412 companies for Quick Ratio. This places Spyre Therapeutics in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.60. Spyre Therapeutics' value of 8.97 is 149.2% above this benchmark. Historically, Spyre Therapeutics' own Quick Ratio has ranged from 1.03 to 22.88 over the past decade. While the company's 10-year median is 8.72 vs. the industry median of 3.60, Spyre Therapeutics 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 1,412 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. Spyre Therapeutics's current Quick Ratio of 8.97 is 149.2% 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 Spyre 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. Spyre Therapeutics's current Quick Ratio is 8.97, which is near median its own 10-year median of 8.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spyre Therapeutics stock overvalued right now?
Spyre Therapeutics (FRA:3920) has a current Quick Ratio of 8.97. The current Quick Ratio is 8.97, which is near median its 10-year median of 8.72 and 149.2% above the Biotechnology industry median of 3.60. Spyre Therapeutics' overall GF Score™ is 33/100 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 Spyre Therapeutics (FRA:3920), the current Quick Ratio is 8.97 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.
Spyre Therapeutics Inc is a clinical-stage biotechnology company pioneering long-acting antibodies and antibody combinations to redefine the standard of care for inflammatory bowel disease (IBD) and rheumatic diseases. Spyre's pipeline includes extended half-life antibodies targeting ?4?7, TL1A, and IL-23 in development as monotherapies and pair-wise combinations. It has a single reportable segment, which is the development of biopharmaceutical products for the treatment of patients with IBD and other immune-mediated disease.
33GF Score
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