KTTA (Pasithea Therapeutics) Quick Ratio: 35.41 (As of Mar. 2026) — 196% Above Median

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KTTA Pasithea Therapeutics Corp KTTA
29 GF Score
Price $0.45
! 2 Warning Signs
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What is Pasithea Therapeutics Quick Ratio?

Pasithea Therapeutics KTTA -3.89% 29 Quick Ratio is 35.41 as of Mar. 2026, which is 196% above its 10-year median of 11.97. GuruFocus rates KTTA with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 1,411 Biotechnology companies, Pasithea Therapeutics ranks better than 97.45% 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. Pasithea Therapeutics's quick ratio for the quarter that ended in Mar. 2026 was 35.41.

Pasithea Therapeutics has a quick ratio of 35.41. It generally indicates good short-term financial strength.

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

KTTA' s Quick Ratio Range Over the Past 10 Years
Min: 2.03   Med: 11.97   Max: 119.24
Current: 35.41

During the past 6 years, Pasithea Therapeutics's highest Quick Ratio was 119.24. The lowest was 2.03. And the median was 11.97.

KTTA's Quick Ratio is ranked better than
97.45% of 1411 companies
in the Biotechnology industry
Industry Median: 3.59 vs KTTA: 35.41

Pasithea Therapeutics  (NAS:KTTA) 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.


Pasithea Therapeutics Quick Ratio Related Terms


Pasithea Therapeutics Quick Ratio Historical Data

* Premium members only.

The historical data trend for Pasithea 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.

Pasithea Therapeutics Quick Ratio Chart

Pasithea Therapeutics Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 119.24 18.15 6.34 6.58 11.35

Pasithea 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 3.84 4.97 4.02 11.35 35.41

KTTA vs CELU, GRTX, BCDA: Quick Ratio Comparison

For the Biotechnology subindustry, Pasithea 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.


Pasithea Therapeutics Quick Ratio vs Biotechnology Industry

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

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


KTTA
29GF Score
Pasithea Therapeutics Corp KTTA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Pasithea 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.

Pasithea 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
=(56.459-0)/4.974
=11.35

Pasithea 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
=(52.731-0)/1.489
=35.41

* 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 35.41 mean?
Pasithea Therapeutics (KTTA) has a Quick Ratio of 35.41 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pasithea Therapeutics and its competitors. This is 196% above median its historical median of 11.97. Over the past decade, Pasithea Therapeutics' Quick Ratio has ranged from 2.03 to 119.24. According to the industry distribution chart, Pasithea Therapeutics ranks #36 out of 1411 companies in the Biotechnology industry, placing it in the top 2.6%.
Is Pasithea Therapeutics' Quick Ratio too high?
Pasithea Therapeutics' current Quick Ratio of 35.41 is 196% above median its 10-year median of 11.97. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 119.24. The Biotechnology industry median Quick Ratio is 3.59. Pasithea Therapeutics' value of 35.41 is 886.4% above this industry median. Based on the distribution chart, Pasithea Therapeutics ranks #36 out of 1411 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Pasithea Therapeutics has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Pasithea Therapeutics' Quick Ratio compare to CELU and GRTX?
According to the Biotechnology industry distribution chart, Pasithea Therapeutics ranks #36 out of 1411 companies for Quick Ratio. This places Pasithea Therapeutics in the top 3% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.59. Pasithea Therapeutics' value of 35.41 is 886.4% above this benchmark. Historically, Pasithea Therapeutics' own Quick Ratio has ranged from 2.03 to 119.24 over the past decade. While the company's 10-year median is 11.97 vs. the industry median of 3.59, Pasithea Therapeutics 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. Pasithea Therapeutics's current Quick Ratio of 35.41 is 886.4% 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 Pasithea Therapeutics 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. Pasithea Therapeutics's current Quick Ratio is 35.41, which is 196% above median its own 10-year median of 11.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pasithea Therapeutics stock overvalued right now?
Pasithea Therapeutics (KTTA) has a current Quick Ratio of 35.41. The current Quick Ratio is 35.41, which is 196% above median its 10-year median of 11.97 and 886.4% above the Biotechnology industry median of 3.59. Pasithea Therapeutics' overall GF Score™ is 29/100 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 Pasithea Therapeutics (KTTA), the current Quick Ratio is 35.41 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.

Pasithea Therapeutics Business Description

Address 1111 Lincoln Road, Suite 500, Miami Beach, FL, USA, 33139
Pasithea Therapeutics Corp is a biotechnology company. It is focused on the discovery, research, and development of treatments for central nervous system (CNS) disorders and other diseases, including RASopathies and certain cancers. It leveraging in the fields of neuroscience, translational medicine, and drug development. The disorders covered includes Neurofibromatosis Type 1, Amyotrophic Lateral Sclerosis (ALS), Multiple Sclerosis (MS), and Schizophrenia. Companies pipelines includes PAS-004 (Macrocyclic Small Module[MEK1/2]), PAS-003 (Monoclonal antibody),PAS-001 (Small Module). The Company has reportable segment, which is the business of research and development of treatments for central nervous system (CNS) disorders and other diseases, including RASopathies and certain cancers.
29GF Score

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