INKT (MiNK Therapeutics) Quick Ratio: 1.38 (As of Mar. 2026) — 52% Above Median


INKT MiNK Therapeutics Inc INKT
34 GF Score
Price $11.41
! 2 Warning Signs
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What is MiNK Therapeutics Quick Ratio?

MiNK Therapeutics INKT +2.56% 34 Quick Ratio is 1.38 as of Mar. 2026, which is 52% above its 10-year median of 0.91. GuruFocus rates INKT with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,413 Biotechnology companies, MiNK Therapeutics ranks worse than 74.38% 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. MiNK Therapeutics's quick ratio for the quarter that ended in Mar. 2026 was 1.38.

MiNK Therapeutics has a quick ratio of 1.38. It generally indicates good short-term financial strength.

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

INKT' s Quick Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.91   Max: 2.41
Current: 1.38

During the past 7 years, MiNK Therapeutics's highest Quick Ratio was 2.41. The lowest was 0.04. And the median was 0.91.

INKT's Quick Ratio is ranked worse than
74.38% of 1413 companies
in the Biotechnology industry
Industry Median: 3.6 vs INKT: 1.38

MiNK Therapeutics  (NAS:INKT) 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.


MiNK Therapeutics Quick Ratio Related Terms


MiNK Therapeutics Quick Ratio Historical Data

* Premium members only.

The historical data trend for MiNK 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.

MiNK Therapeutics Quick Ratio Chart

MiNK Therapeutics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 2.41 1.61 0.32 0.72 1.06

MiNK 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 0.30 0.15 1.08 1.06 1.38

INKT vs PDSB, PMVP, EDSA: Quick Ratio Comparison

For the Biotechnology subindustry, MiNK 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.


MiNK Therapeutics Quick Ratio vs Biotechnology Industry

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

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


INKT
34GF Score
MiNK Therapeutics Inc INKT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MiNK 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.

MiNK 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
=(13.848-0)/13.031
=1.06

MiNK 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
=(10.022-0)/7.287
=1.38

* 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 1.38 mean?
MiNK Therapeutics (INKT) has a Quick Ratio of 1.38 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on MiNK Therapeutics and its competitors. This is 52% above median its historical median of 0.91. Over the past decade, MiNK Therapeutics' Quick Ratio has ranged from 0.04 to 2.41. According to the industry distribution chart, MiNK Therapeutics ranks #1051 out of 1413 companies in the Biotechnology industry, placing it in the top 74.4%.
Is MiNK Therapeutics' Quick Ratio too high?
MiNK Therapeutics' current Quick Ratio of 1.38 is 52% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 2.41. The Biotechnology industry median Quick Ratio is 3.60. MiNK Therapeutics' value of 1.38 is 61.7% below this industry median. Based on the distribution chart, MiNK Therapeutics ranks #1051 out of 1413 companies in the Biotechnology industry, which is below the industry midpoint. Overall, MiNK Therapeutics has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does MiNK Therapeutics' Quick Ratio compare to PDSB and PMVP?
According to the Biotechnology industry distribution chart, MiNK Therapeutics ranks #1051 out of 1413 companies for Quick Ratio. This places MiNK Therapeutics in the lower half of its industry. The industry median Quick Ratio is 3.60. MiNK Therapeutics' value of 1.38 is 61.7% below this benchmark. Historically, MiNK Therapeutics' own Quick Ratio has ranged from 0.04 to 2.41 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 3.60, MiNK 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 1,413 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. MiNK Therapeutics's current Quick Ratio of 1.38 is 61.7% 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 MiNK 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. MiNK Therapeutics's current Quick Ratio is 1.38, which is 52% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MiNK Therapeutics stock overvalued right now?
MiNK Therapeutics (INKT) has a current Quick Ratio of 1.38. The current Quick Ratio is 1.38, which is 52% above median its 10-year median of 0.91 and 61.7% below the Biotechnology industry median of 3.60. MiNK Therapeutics' 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 MiNK Therapeutics (INKT), the current Quick Ratio is 1.38 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.

MiNK Therapeutics Business Description

Other Exchanges 6Q40:Germany
Address 149 Fifth Avenue, Suite 500, New York, NY, USA, 10010
MiNK Therapeutics Inc is a clinical-stage biopharmaceutical company pioneering the discovery, development and manufacturing of allogeneic, off-the-shelf, invariant natural killer T (iNKT) cell therapies to treat cancer and other immune-mediated diseases. iNKT cells offer distinct therapeutic advantages as a platform for allogeneic therapy in that the cells naturally home to tissues, aid clearance of tumors and infected cells, and suppress graft-versus-host-disease. Its product candidate, agenT-797, is an off-the-shelf, allogeneic, native iNKT cell therapy. It operates its business in single segment.
34GF Score

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