GLABF (Gemina Laboratories) Quick Ratio: 0.01 (As of Oct. 2025) — 96% Below Median


What is Gemina Laboratories Quick Ratio?

Gemina Laboratories GLABF -27.59% Quick Ratio is 0.01 as of Oct. 2025, which is 96% below its 10-year median of 0.28. The stock has 2 warning signs investors should review.

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. Gemina Laboratories's quick ratio for the quarter that ended in Oct. 2025 was 0.01.

Gemina Laboratories has a quick ratio of 0.01. It indicates that the company cannot currently fully pay back its current liabilities.

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

GLABF' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.28   Max: 4.41
Current: 0.01

During the past 5 years, Gemina Laboratories's highest Quick Ratio was 4.41. The lowest was 0.01. And the median was 0.28.

GLABF's Quick Ratio is not ranked
in the Biotechnology industry.
Industry Median: 3.6 vs GLABF: 0.01

Gemina Laboratories  (OTCPK:GLABF) 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.


Gemina Laboratories Quick Ratio Related Terms


Gemina Laboratories Quick Ratio Historical Data

* Premium members only.

The historical data trend for Gemina Laboratories'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.

Gemina Laboratories Quick Ratio Chart

Gemina Laboratories Annual Data
Trend Jan21 Jan22 Jan23 Jan24 Jan25
Quick Ratio
1.05 2.94 0.32 0.03 0.02

Gemina Laboratories Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 0.03 0.02 0.02 0.01 0.01

GLABF vs VRTX, REGN, ALNY: Quick Ratio Comparison

For the Biotechnology subindustry, Gemina Laboratories'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.


Gemina Laboratories Quick Ratio vs Biotechnology Industry

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

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



Gemina Laboratories 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.

Gemina Laboratories's Quick Ratio for the fiscal year that ended in Jan. 2025 is calculated as

Quick Ratio (A: Jan. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.074-0)/3.96
=0.02

Gemina Laboratories's Quick Ratio for the quarter that ended in Oct. 2025 is calculated as

Quick Ratio (Q: Oct. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.039-0)/4.47
=0.01

* 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 0.01 mean?
Gemina Laboratories (GLABF) has a Quick Ratio of 0.01 as of Oct. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gemina Laboratories and its competitors. This is 96% below median its historical median of 0.28. Over the past decade, Gemina Laboratories' Quick Ratio has ranged from 0.01 to 4.41.
Is Gemina Laboratories' Quick Ratio too high?
Gemina Laboratories' current Quick Ratio of 0.01 is 96% below median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 4.41. The Biotechnology industry median Quick Ratio is 3.60. Gemina Laboratories' value of 0.01 is 99.7% below this industry median.
How does Gemina Laboratories' Quick Ratio compare to VRTX and REGN?
Gemina Laboratories' Quick Ratio of 0.01 can be compared against companies in the Biotechnology industry. The industry median Quick Ratio is 3.60. Gemina Laboratories' value of 0.01 is 99.7% below this benchmark. Historically, Gemina Laboratories' own Quick Ratio has ranged from 0.01 to 4.41 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 3.60, Gemina Laboratories 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. Gemina Laboratories's current Quick Ratio of 0.01 is 99.7% 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 Gemina Laboratories 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. Gemina Laboratories's current Quick Ratio is 0.01, which is 96% below median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemina Laboratories stock overvalued right now?
Gemina Laboratories (GLABF) has a current Quick Ratio of 0.01. The current Quick Ratio is 0.01, which is 96% below median its 10-year median of 0.28 and 99.7% below the Biotechnology industry median of 3.60. 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 Gemina Laboratories (GLABF), the current Quick Ratio is 0.01 as of Oct. 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.

Gemina Laboratories Business Description

Address 3600 Gilmore Mall, Suite 302, Burnaby, BC, CAN, V5G 4R8
Gemina Laboratories Ltd is a biotechnology company that operates in the In Vitro Diagnostics (IVD) and human wellness monitoring market under the name Gemina Labs. The company endeavors to develop novel surface functionalization chemistries for the detection of pathogens and biomarkers.