GRST (Ethema Health) Quick Ratio: 0.18 (As of Sep. 2025) — 200% Above Median


What is Ethema Health Quick Ratio?

Ethema Health GRST Quick Ratio is 0.18 as of Sep. 2025, which is 200% above its 10-year median of 0.06. The stock has 3 warning signs investors should review. Among 683 Healthcare Providers & Services companies, Ethema Health ranks worse than 95.75% 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. Ethema Health's quick ratio for the quarter that ended in Sep. 2025 was 0.18.

Ethema Health has a quick ratio of 0.18. It indicates that the company cannot currently fully pay back its current liabilities.

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

GRST' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.35
Current: 0.18

During the past 13 years, Ethema Health's highest Quick Ratio was 0.35. The lowest was 0.01. And the median was 0.06.

GRST's Quick Ratio is ranked worse than
95.75% of 683 companies
in the Healthcare Providers & Services industry
Industry Median: 1.32 vs GRST: 0.18

Ethema Health  (OTCPK:GRST) 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.


Ethema Health Quick Ratio Related Terms


Ethema Health Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ethema Health'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.

Ethema Health Quick Ratio Chart

Ethema Health 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 0.07 0.02 0.04 0.05 0.05

Ethema Health Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.06 0.05 0.10 0.14 0.18

GRST vs PAIYY, NIVF, BACK: Quick Ratio Comparison

For the Medical Care Facilities subindustry, Ethema Health'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.


Ethema Health Quick Ratio vs Healthcare Providers & Services Industry

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

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



Ethema Health 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.

Ethema Health'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
=(0.529-0)/9.655
=0.05

Ethema Health's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.609-0)/14.76
=0.18

* 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 0.18 mean?
Ethema Health (GRST) has a Quick Ratio of 0.18 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ethema Health and its competitors. This is 200% above median its historical median of 0.06. Over the past decade, Ethema Health's Quick Ratio has ranged from 0.01 to 0.35. According to the industry distribution chart, Ethema Health ranks #654 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 95.8%.
Is Ethema Health's Quick Ratio too high?
Ethema Health's current Quick Ratio of 0.18 is 200% above median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.35. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Ethema Health's value of 0.18 is 86.4% below this industry median. Based on the distribution chart, Ethema Health ranks #654 out of 683 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers.
How does Ethema Health's Quick Ratio compare to PAIYY and NIVF?
According to the Healthcare Providers & Services industry distribution chart, Ethema Health ranks #654 out of 683 companies for Quick Ratio. This places Ethema Health in the lower half of its industry. The industry median Quick Ratio is 1.32. Ethema Health's value of 0.18 is 86.4% below this benchmark. Historically, Ethema Health's own Quick Ratio has ranged from 0.01 to 0.35 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 1.32, Ethema Health 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 1.32, based on 683 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. Ethema Health's current Quick Ratio of 0.18 is 86.4% 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 Ethema Health and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ethema Health's current Quick Ratio is 0.18, which is 200% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ethema Health stock overvalued right now?
Ethema Health (GRST) has a current Quick Ratio of 0.18. The current Quick Ratio is 0.18, which is 200% above median its 10-year median of 0.06 and 86.4% below the Healthcare Providers & Services industry median of 1.32. 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 Ethema Health (GRST), the current Quick Ratio is 0.18 as of Sep. 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.

Ethema Health Business Description

Address 950 Evernia Street, West Palm Beach, FL, USA, 33401
Ethema Health Corp is engaged in developing and operating medical clinics in Delray Beach Florida. It provides addiction and mental health treatment facilities. The company's operating segment includes Rehabilitation Services provided to customers. It generates maximum revenue from the In-Patient services segment.