Lite StrategyLITS +9.89%22 Quick Ratio is 11.53 as of Mar. 2026, which is 39% above its 10-year median of 8.28. GuruFocus rates LITS with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,416 Biotechnology companies, Lite Strategy ranks better than 81.78% 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. Lite Strategy's quick ratio for the quarter that ended in Mar. 2026 was 11.53.
Lite Strategy has a quick ratio of 11.53. It generally indicates good short-term financial strength.
The historical rank and industry rank for Lite Strategy's Quick Ratio or its related term are showing as below:
LITS'
s Quick Ratio Range Over the Past 10 Years
Min: 3.52 Med: 8.28 Max: 19.74
Current: 11.53
During the past 13 years, Lite Strategy's highest Quick Ratio was 19.74. The lowest was 3.52. And the median was 8.28.
LITS's Quick Ratio is ranked better than 81.78% of 1416
companies
in the Biotechnology industry
Industry Median: 3.6
vs LITS: 11.53
Lite Strategy (NAS:LITS) 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.
Lite Strategy Quick Ratio Related Terms
Lite Strategy Quick Ratio Historical Data
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The historical data trend for Lite Strategy'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, Lite Strategy'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.
Lite Strategy Quick Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Lite Strategy's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Lite Strategy'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.
Lite Strategy's Quick Ratio for the fiscal year that ended in Jun. 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.
Lite Strategy (LITS) has a Quick Ratio of 11.53 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lite Strategy and its competitors. This is 39% above median its historical median of 8.28. Over the past decade, Lite Strategy's Quick Ratio has ranged from 3.52 to 19.74. According to the industry distribution chart, Lite Strategy ranks #258 out of 1416 companies in the Biotechnology industry, placing it in the top 18.2%.
Is Lite Strategy's Quick Ratio too high?
Lite Strategy's current Quick Ratio of 11.53 is 39% above median its 10-year median of 8.28. Over the past 10 years, this metric has ranged from a low of 3.52 to a high of 19.74. The Biotechnology industry median Quick Ratio is 3.60. Lite Strategy's value of 11.53 is 220.3% above this industry median. Based on the distribution chart, Lite Strategy ranks #258 out of 1416 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Lite Strategy has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Lite Strategy's Quick Ratio compare to DARE and ALGS?
According to the Biotechnology industry distribution chart, Lite Strategy ranks #258 out of 1416 companies for Quick Ratio. This places Lite Strategy in the top 18% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.60. Lite Strategy's value of 11.53 is 220.3% above this benchmark. Historically, Lite Strategy's own Quick Ratio has ranged from 3.52 to 19.74 over the past decade. While the company's 10-year median is 8.28 vs. the industry median of 3.60, Lite Strategy 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 1,416 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. Lite Strategy's current Quick Ratio of 11.53 is 220.3% 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 Lite Strategy 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. Lite Strategy's current Quick Ratio is 11.53, which is 39% above median its own 10-year median of 8.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lite Strategy stock overvalued right now?
Lite Strategy (LITS) has a current Quick Ratio of 11.53. The current Quick Ratio is 11.53, which is 39% above median its 10-year median of 8.28 and 220.3% above the Biotechnology industry median of 3.60. Lite Strategy's overall GF Score™ is 22/100 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 Lite Strategy (LITS), the current Quick Ratio is 11.53 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.
Lite Strategy Inc is focused on the clinical development of novel therapies for cancer. The company's portfolio of drug candidates includes voruciclib, an oral cyclin-dependent kinase 9 (CDK9) inhibitor and zandelisib, an oral, once-daily, selective PI3K inhibitor. It is a clinical-stage pharmaceutical company committed to the development of novel and differentiated cancer therapies intended to improve outcomes for patients.
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