INDP (Indaptus Therapeutics) Quick Ratio: 2.34 (As of Mar. 2026) — 54% Below Median


INDP Indaptus Therapeutics Inc INDP
26 GF Score
Price $3.55
! 1 Warning Sign
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What is Indaptus Therapeutics Quick Ratio?

Indaptus Therapeutics INDP -5.46% 26 Quick Ratio is 2.34 as of Mar. 2026, which is 54% below its 10-year median of 5.05. GuruFocus rates INDP with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 1,417 Biotechnology companies, Indaptus Therapeutics ranks worse than 61.75% 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. Indaptus Therapeutics's quick ratio for the quarter that ended in Mar. 2026 was 2.34.

Indaptus Therapeutics has a quick ratio of 2.34. It generally indicates good short-term financial strength.

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

INDP' s Quick Ratio Range Over the Past 10 Years
Min: 0.75   Med: 5.05   Max: 12.16
Current: 2.34

During the past 6 years, Indaptus Therapeutics's highest Quick Ratio was 12.16. The lowest was 0.75. And the median was 5.05.

INDP's Quick Ratio is ranked worse than
61.75% of 1417 companies
in the Biotechnology industry
Industry Median: 3.6 vs INDP: 2.34

Indaptus Therapeutics  (NAS:INDP) 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.


Indaptus Therapeutics Quick Ratio Related Terms


Indaptus Therapeutics Quick Ratio Historical Data

* Premium members only.

The historical data trend for Indaptus 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.

Indaptus Therapeutics Quick Ratio Chart

Indaptus Therapeutics Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 8.77 7.94 5.05 1.95 1.51

Indaptus 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 1.90 0.75 2.88 1.51 2.34

INDP vs KPTI, NBP, IMUX: Quick Ratio Comparison

For the Biotechnology subindustry, Indaptus 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.


Indaptus Therapeutics Quick Ratio vs Biotechnology Industry

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

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


INDP
26GF Score
Indaptus Therapeutics Inc INDP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Indaptus 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.

Indaptus 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
=(9.31-0)/6.159
=1.51

Indaptus 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
=(2.181-0)/0.933
=2.34

* 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 2.34 mean?
Indaptus Therapeutics (INDP) has a Quick Ratio of 2.34 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indaptus Therapeutics and its competitors. This is 54% below median its historical median of 5.05. Over the past decade, Indaptus Therapeutics' Quick Ratio has ranged from 0.75 to 12.16. According to the industry distribution chart, Indaptus Therapeutics ranks #875 out of 1417 companies in the Biotechnology industry, placing it in the top 61.8%.
Is Indaptus Therapeutics' Quick Ratio too high?
Indaptus Therapeutics' current Quick Ratio of 2.34 is 54% below median its 10-year median of 5.05. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 12.16. The Biotechnology industry median Quick Ratio is 3.60. Indaptus Therapeutics' value of 2.34 is 35% below this industry median. Based on the distribution chart, Indaptus Therapeutics ranks #875 out of 1417 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Indaptus Therapeutics has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Indaptus Therapeutics' Quick Ratio compare to KPTI and NBP?
According to the Biotechnology industry distribution chart, Indaptus Therapeutics ranks #875 out of 1417 companies for Quick Ratio. This places Indaptus Therapeutics in the lower half of its industry. The industry median Quick Ratio is 3.60. Indaptus Therapeutics' value of 2.34 is 35% below this benchmark. Historically, Indaptus Therapeutics' own Quick Ratio has ranged from 0.75 to 12.16 over the past decade. While the company's 10-year median is 5.05 vs. the industry median of 3.60, Indaptus Therapeutics 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 1,417 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. Indaptus Therapeutics's current Quick Ratio of 2.34 is 35% 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 Indaptus 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. Indaptus Therapeutics's current Quick Ratio is 2.34, which is 54% below median its own 10-year median of 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indaptus Therapeutics stock overvalued right now?
Indaptus Therapeutics (INDP) has a current Quick Ratio of 2.34. The current Quick Ratio is 2.34, which is 54% below median its 10-year median of 5.05 and 35% below the Biotechnology industry median of 3.60. Indaptus Therapeutics' overall GF Score™ is 26/100 with 1 warning sign 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 Indaptus Therapeutics (INDP), the current Quick Ratio is 2.34 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.

Indaptus Therapeutics Business Description

Address 3 Columbus Circle 15th Floor, New York, NY, USA, 10019
Indaptus Therapeutics Inc is a clinical biotechnology company that has developed a novel and patented systemically-administered anti-cancer and anti-viral immunotherapy. Its approach is based on the hypothesis that efficient activation of both innate and adaptive immune cells and associated anti-tumor and anti-viral immune responses will require a multi-targeted package of immune system activating signals that can be administered safely intravenously. Its patented technology is composed of single strains of attenuated and killed, non-pathogenic, Gram-negative bacteria, designed to have reduced i.v. toxicity, but largely uncompromised ability to prime or activate many of the cellular components of innate and adaptive immunity. Its candidate, Decoy20 is for patients with solid tumors.
26GF Score

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