Bicycle Therapeutics (FRA:50BA) Quick Ratio: 12.66 (As of Mar. 2026) — 28% Above Median


FRA:50BA Bicycle Therapeutics PLC FRA:50BA
56 GF Score
Price €3.36
GF Value €12.39
Valuation Possible Value Trap
! 5 Warning Signs
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What is Bicycle Therapeutics Quick Ratio?

Bicycle Therapeutics FRA:50BA -2.89% 56 Quick Ratio is 12.66 as of Mar. 2026, which is 28% above its 10-year median of 9.88. GuruFocus rates FRA:50BA with a GF Score™ of 56/100 and a GF Value™ of €12.39 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,416 Biotechnology companies, Bicycle Therapeutics ranks better than 83.47% 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. Bicycle Therapeutics's quick ratio for the quarter that ended in Mar. 2026 was 12.66.

Bicycle Therapeutics has a quick ratio of 12.66. It generally indicates good short-term financial strength.

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

FRA:50BA' s Quick Ratio Range Over the Past 10 Years
Min: 5.65   Med: 9.88   Max: 17.13
Current: 12.66

During the past 9 years, Bicycle Therapeutics's highest Quick Ratio was 17.13. The lowest was 5.65. And the median was 9.88.

FRA:50BA's Quick Ratio is ranked better than
83.47% of 1416 companies
in the Biotechnology industry
Industry Median: 3.6 vs FRA:50BA: 12.66

Bicycle Therapeutics  (FRA:50BA) 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.


Bicycle Therapeutics Quick Ratio Related Terms


Bicycle Therapeutics Quick Ratio Historical Data

* Premium members only.

The historical data trend for Bicycle 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.

Bicycle Therapeutics Quick Ratio Chart

Bicycle Therapeutics Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 12.65 6.92 8.08 13.81 11.98

Bicycle Therapeutics Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 14.86 10.39 10.66 11.98 12.66

FRA:50BA vs ABEO, DMAC, FATE: Quick Ratio Comparison

For the Biotechnology subindustry, Bicycle 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.


Bicycle Therapeutics Quick Ratio vs Biotechnology Industry

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

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


FRA:50BA
56GF Score
Bicycle Therapeutics PLC FRA:50BA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bicycle 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.

Bicycle 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
=(583.184-0)/48.664
=11.98

Bicycle 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
=(535.552-0)/42.289
=12.66

* 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 12.66 mean?
Bicycle Therapeutics (FRA:50BA) has a Quick Ratio of 12.66 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bicycle Therapeutics and its competitors. This is 28% above median its historical median of 9.88. Over the past decade, Bicycle Therapeutics' Quick Ratio has ranged from 5.65 to 17.13. According to the industry distribution chart, Bicycle Therapeutics ranks #234 out of 1416 companies in the Biotechnology industry, placing it in the top 16.5%.
Is Bicycle Therapeutics' Quick Ratio too high?
Bicycle Therapeutics' current Quick Ratio of 12.66 is 28% above median its 10-year median of 9.88. Over the past 10 years, this metric has ranged from a low of 5.65 to a high of 17.13. The Biotechnology industry median Quick Ratio is 3.60. Bicycle Therapeutics' value of 12.66 is 251.7% above this industry median. Based on the distribution chart, Bicycle Therapeutics ranks #234 out of 1416 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Bicycle Therapeutics has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bicycle Therapeutics' Quick Ratio compare to ABEO and DMAC?
According to the Biotechnology industry distribution chart, Bicycle Therapeutics ranks #234 out of 1416 companies for Quick Ratio. This places Bicycle Therapeutics in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.60. Bicycle Therapeutics' value of 12.66 is 251.7% above this benchmark. Historically, Bicycle Therapeutics' own Quick Ratio has ranged from 5.65 to 17.13 over the past decade. While the company's 10-year median is 9.88 vs. the industry median of 3.60, Bicycle 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 1,416 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. Bicycle Therapeutics's current Quick Ratio of 12.66 is 251.7% 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 Bicycle 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. Bicycle Therapeutics's current Quick Ratio is 12.66, which is 28% above median its own 10-year median of 9.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bicycle Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Bicycle Therapeutics (FRA:50BA) is currently considered Possible Value Trap. The stock's GF Value™ is €12.39, compared to a current price of €3.36 — trading 72.9% below its estimated fair value. The current Quick Ratio is 12.66, which is 28% above median its 10-year median of 9.88 and 251.7% above the Biotechnology industry median of 3.60. Bicycle Therapeutics' overall GF Score™ is 56/100 with 5 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 Bicycle Therapeutics (FRA:50BA), the current Quick Ratio is 12.66 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.

Is Bicycle Therapeutics (FRA:50BA) Overvalued in 2026?

Based on GuruFocus' analysis, Bicycle Therapeutics stock appears to be undervalued. The current stock price of €3.36 is trading 72.9% below its estimated GF Value™ of €12.39. GuruFocus considers Bicycle Therapeutics to be Possible Value Trap.

Key valuation signals for FRA:50BA:

  • Quick Ratio: 12.66 (28% above median its 10-year median of 9.88)
  • GF Value™: €12.39 vs. price of €3.36 (72.9% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 251.7% above the Biotechnology median (#234 of 1416)

No single metric tells the full story. See the FRA:50BA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bicycle Therapeutics Business Description

Other Exchanges BCYC:USA50BA:Germany
Address Granta Park, Great Abington, Blocks A and B, Portway Building, Cambridge, GBR, CB21 6GS
Bicycle Therapeutics PLC is a clinical-stage biopharmaceutical company developing a novel class of medicines which are referred to as Bicycles. The Bicycles are synthetic short peptides constrained to form two loops that stabilize their structural geometry. Its initial internal programs are focused on oncology indications with high unmet medical needs. The company's product candidate, BT1718, is a Bicycle Toxin Conjugate, or BTC. The company has two segments: the United Kingdom and the United States. It derives maximum revenue from United Kingdom.
56GF Score

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

€3.36
Price
€12.39
GF Value