Opus GeneticsIRD +0.67%24 Quick Ratio is 7.13 as of Mar. 2026, which is 8% above its 10-year median of 6.63. GuruFocus rates IRD with a GF Score™ of 24/100 and a GF Value™ of $0.37 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,417 Biotechnology companies, Opus Genetics ranks better than 70.43% 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. Opus Genetics's quick ratio for the quarter that ended in Mar. 2026 was 7.13.
Opus Genetics has a quick ratio of 7.13. It generally indicates good short-term financial strength.
The historical rank and industry rank for Opus Genetics's Quick Ratio or its related term are showing as below:
IRD'
s Quick Ratio Range Over the Past 10 Years
Min: 0.19 Med: 6.63 Max: 17.79
Current: 7.13
During the past 7 years, Opus Genetics's highest Quick Ratio was 17.79. The lowest was 0.19. And the median was 6.63.
IRD's Quick Ratio is ranked better than 70.43% of 1417
companies
in the Biotechnology industry
Industry Median: 3.6
vs IRD: 7.13
Opus Genetics (NAS:IRD) 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.
Opus Genetics Quick Ratio Related Terms
Opus Genetics Quick Ratio Historical Data
* Premium members only.
The historical data trend for Opus Genetics'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, Opus Genetics'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.
Opus Genetics Quick Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Opus Genetics's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Opus Genetics'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.
Opus Genetics'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.
Opus Genetics (IRD) has a Quick Ratio of 7.13 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Opus Genetics and its competitors. This is near median its historical median of 6.63. Over the past decade, Opus Genetics' Quick Ratio has ranged from 0.19 to 17.79. According to the industry distribution chart, Opus Genetics ranks #419 out of 1417 companies in the Biotechnology industry, placing it in the top 29.6%.
Is Opus Genetics' Quick Ratio too high?
Opus Genetics' current Quick Ratio of 7.13 is near median its 10-year median of 6.63. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 17.79. The Biotechnology industry median Quick Ratio is 3.60. Opus Genetics' value of 7.13 is 98.1% above this industry median. Based on the distribution chart, Opus Genetics ranks #419 out of 1417 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Opus Genetics has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Opus Genetics' Quick Ratio compare to IFRX and RGNX?
According to the Biotechnology industry distribution chart, Opus Genetics ranks #419 out of 1417 companies for Quick Ratio. This puts Opus Genetics in the upper half of its industry. The industry median Quick Ratio is 3.60. Opus Genetics' value of 7.13 is 98.1% above this benchmark. Historically, Opus Genetics' own Quick Ratio has ranged from 0.19 to 17.79 over the past decade. While the company's 10-year median is 6.63 vs. the industry median of 3.60, Opus Genetics 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 3.60, 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. Opus Genetics's current Quick Ratio of 7.13 is 98.1% 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 Opus Genetics 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. Opus Genetics's current Quick Ratio is 7.13, which is near median its own 10-year median of 6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opus Genetics stock overvalued right now?
Based on GuruFocus' analysis, Opus Genetics (IRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.37, compared to a current price of $3.73 — trading 908.1% above its estimated fair value. The current Quick Ratio is 7.13, which is near median its 10-year median of 6.63 and 98.1% above the Biotechnology industry median of 3.60. Opus Genetics' overall GF Score™ is 24/100 with 4 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 Opus Genetics (IRD), the current Quick Ratio is 7.13 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.
Is Opus Genetics (IRD) Overvalued in 2026?
Based on GuruFocus' analysis, Opus Genetics stock appears to be overvalued.
The current stock price of $3.73 is trading 908.1% above its estimated GF Value™ of $0.37.
GuruFocus considers Opus Genetics to be Significantly Overvalued.
Key valuation signals for IRD:
Quick Ratio: 7.13 (near median its 10-year median of 6.63)
GF Value™: $0.37 vs. price of $3.73 (908.1% above fair value)
Industry Position: 98.1% above the Biotechnology median (#419 of 1417)
No single metric tells the full story. See the IRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Opus Genetics Inc is a clinical-stage ophthalmic biopharmaceutical company developing therapies to treat patients with inherited retinal diseases (IRDs) and therapies to treat patients with other retinal and refractive disorders. The pipeline includes seven adeno-associated virus (AAV)-based programs, led by OPGx-LCA5 for LCA5-related mutations and OPGx-BEST1 for BEST1-related retinal degeneration, with additional candidates targeting RHO, CNGB1, RDH12, NMNAT1, and MERTK. The company operates in one operating segment, which is the business of developing products related to vision performance and health.
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