Korro BioKRRO -11.68%6 Quick Ratio is 8.13 as of Mar. 2026, which is 8% below its 10-year median of 8.79. GuruFocus rates KRRO with a GF Score™ of 6/100. The stock has 4 warning signs investors should review. Among 1,417 Biotechnology companies, Korro Bio ranks better than 73.32% 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. Korro Bio's quick ratio for the quarter that ended in Mar. 2026 was 8.13.
Korro Bio has a quick ratio of 8.13. It generally indicates good short-term financial strength.
The historical rank and industry rank for Korro Bio's Quick Ratio or its related term are showing as below:
KRRO'
s Quick Ratio Range Over the Past 10 Years
Min: 5.98 Med: 8.79 Max: 24.2
Current: 8.13
During the past 5 years, Korro Bio's highest Quick Ratio was 24.20. The lowest was 5.98. And the median was 8.79.
KRRO's Quick Ratio is ranked better than 73.32% of 1417
companies
in the Biotechnology industry
Industry Median: 3.6
vs KRRO: 8.13
Korro Bio (NAS:KRRO) 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.
Korro Bio Quick Ratio Related Terms
Korro Bio Quick Ratio Historical Data
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The historical data trend for Korro Bio'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, Korro Bio'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.
Korro Bio Quick Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Korro Bio's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Korro Bio'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.
Korro Bio'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.
Korro Bio (KRRO) has a Quick Ratio of 8.13 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Korro Bio and its competitors. This is near median its historical median of 8.79. Over the past decade, Korro Bio's Quick Ratio has ranged from 5.98 to 24.20. According to the industry distribution chart, Korro Bio ranks #378 out of 1417 companies in the Biotechnology industry, placing it in the top 26.7%.
Is Korro Bio's Quick Ratio too high?
Korro Bio's current Quick Ratio of 8.13 is near median its 10-year median of 8.79. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 24.20. The Biotechnology industry median Quick Ratio is 3.60. Korro Bio's value of 8.13 is 125.8% above this industry median. Based on the distribution chart, Korro Bio ranks #378 out of 1417 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Korro Bio has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Korro Bio's Quick Ratio compare to TNYA and ENLV?
According to the Biotechnology industry distribution chart, Korro Bio ranks #378 out of 1417 companies for Quick Ratio. This puts Korro Bio in the upper half of its industry. The industry median Quick Ratio is 3.60. Korro Bio's value of 8.13 is 125.8% above this benchmark. Historically, Korro Bio's own Quick Ratio has ranged from 5.98 to 24.20 over the past decade. While the company's 10-year median is 8.79 vs. the industry median of 3.60, Korro Bio 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. Korro Bio's current Quick Ratio of 8.13 is 125.8% 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 Korro Bio 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. Korro Bio's current Quick Ratio is 8.13, which is near median its own 10-year median of 8.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korro Bio stock overvalued right now?
Korro Bio (KRRO) has a current Quick Ratio of 8.13. The current Quick Ratio is 8.13, which is near median its 10-year median of 8.79 and 125.8% above the Biotechnology industry median of 3.60. Korro Bio's overall GF Score™ is 6/100 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 Korro Bio (KRRO), the current Quick Ratio is 8.13 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.
Korro Bio Inc is a biopharmaceutical company with a mission to discover, develop, and commercialize a new class of genetic medicines based on editing RNA, enabling the treatment of both rare and highly prevalent diseases. It is generating a portfolio of differentiated programs that are designed to harness the body's natural RNA editing process to effect a precise yet transient single base edit. By editing RNA instead of DNA, Korro Bio is expanding the reach of genetic medicines by delivering additional precision and tunability. The company operates and manages its business as one reportable segment and one operating segment, which is the business of discovering, developing and commercializing therapies derived from or incorporating its RNA-editing technology.
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