Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ImmuneeringIMRX +0.77%34 Quick Ratio is 32.45 as of Mar. 2026, which is 94% above its 10-year median of 16.72. GuruFocus rates IMRX with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,411 Biotechnology companies, Immuneering ranks better than 97.17% 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. Immuneering's quick ratio for the quarter that ended in Mar. 2026 was 32.45.
Immuneering has a quick ratio of 32.45. It generally indicates good short-term financial strength.
The historical rank and industry rank for Immuneering's Quick Ratio or its related term are showing as below:
IMRX'
s Quick Ratio Range Over the Past 10 Years
Min: 3.7 Med: 16.72 Max: 37.98
Current: 32.45
During the past 7 years, Immuneering's highest Quick Ratio was 37.98. The lowest was 3.70. And the median was 16.72.
IMRX's Quick Ratio is ranked better than 97.17% of 1411
companies
in the Biotechnology industry
Industry Median: 3.59
vs IMRX: 32.45
Immuneering (NAS:IMRX) 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.
Immuneering Quick Ratio Related Terms
Immuneering Quick Ratio Historical Data
* Premium members only.
The historical data trend for Immuneering'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.
For the Biotechnology subindustry, Immuneering'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.
Immuneering Quick Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Immuneering's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Immuneering'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.
Immuneering'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.
Immuneering (IMRX) has a Quick Ratio of 32.45 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Immuneering and its competitors. This is 94% above median its historical median of 16.72. Over the past decade, Immuneering's Quick Ratio has ranged from 3.70 to 37.98. According to the industry distribution chart, Immuneering ranks #40 out of 1411 companies in the Biotechnology industry, placing it in the top 2.8%.
Is Immuneering's Quick Ratio too high?
Immuneering's current Quick Ratio of 32.45 is 94% above median its 10-year median of 16.72. Over the past 10 years, this metric has ranged from a low of 3.70 to a high of 37.98. The Biotechnology industry median Quick Ratio is 3.59. Immuneering's value of 32.45 is 803.9% above this industry median. Based on the distribution chart, Immuneering ranks #40 out of 1411 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Immuneering has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Immuneering's Quick Ratio compare to MGNX and SLNCF?
According to the Biotechnology industry distribution chart, Immuneering ranks #40 out of 1411 companies for Quick Ratio. This places Immuneering in the top 3% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.59. Immuneering's value of 32.45 is 803.9% above this benchmark. Historically, Immuneering's own Quick Ratio has ranged from 3.70 to 37.98 over the past decade. While the company's 10-year median is 16.72 vs. the industry median of 3.59, Immuneering 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 3.59, 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. Immuneering's current Quick Ratio of 32.45 is 803.9% 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 Immuneering 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. Immuneering's current Quick Ratio is 32.45, which is 94% above median its own 10-year median of 16.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Immuneering stock overvalued right now?
Immuneering (IMRX) has a current Quick Ratio of 32.45. The current Quick Ratio is 32.45, which is 94% above median its 10-year median of 16.72 and 803.9% above the Biotechnology industry median of 3.59. Immuneering's overall GF Score™ is 34/100 with 2 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 Immuneering (IMRX), the current Quick Ratio is 32.45 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.
Immuneering Corp is a biopharmaceutical company. It is focused on improving patient outcomes across a spectrum of debilitating oncologic and neurologic diseases by applying deep knowledge of translational bioinformatics to every stage of the drug development process. The company's proprietary computational Disease Cancelling Technology platform enables Immuneering's drug discovery programs. The company also provides unparalleled computational biology capabilities to pharmaceutical and biotechnology companies.
34GF Score
Get the complete analysis for IMRX
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IMRX has been successfully added to your 
