Fusion Antibodies (LSE:FAB) Quick Ratio: 1.45 (As of Sep. 2025) — 50% Below Median


LSE:FAB Fusion Antibodies PLC LSE:FAB
32 GF Score
Price £0.12
GF Value £0.04
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Fusion Antibodies Quick Ratio?

Fusion Antibodies LSE:FAB 32 Quick Ratio is 1.45 as of Sep. 2025, which is 50% below its 10-year median of 2.90. GuruFocus rates LSE:FAB with a GF Score™ of 32/100 and a GF Value™ of £0.04 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,412 Biotechnology companies, Fusion Antibodies ranks worse than 73.51% 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. Fusion Antibodies's quick ratio for the quarter that ended in Sep. 2025 was 1.45.

Fusion Antibodies has a quick ratio of 1.45. It generally indicates good short-term financial strength.

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

LSE:FAB' s Quick Ratio Range Over the Past 10 Years
Min: 1.31   Med: 2.9   Max: 9.52
Current: 1.45

During the past 11 years, Fusion Antibodies's highest Quick Ratio was 9.52. The lowest was 1.31. And the median was 2.90.

LSE:FAB's Quick Ratio is ranked worse than
73.51% of 1412 companies
in the Biotechnology industry
Industry Median: 3.6 vs LSE:FAB: 1.45

Fusion Antibodies  (LSE:FAB) 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.


Fusion Antibodies Quick Ratio Related Terms


Fusion Antibodies Quick Ratio Historical Data

* Premium members only.

The historical data trend for Fusion Antibodies'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.

Fusion Antibodies Quick Ratio Chart

Fusion Antibodies Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.24 3.06 1.31 3.09 1.59

Fusion Antibodies Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 2.32 3.09 2.73 1.59 1.45

LSE:FAB vs VRTX, REGN, ALNY: Quick Ratio Comparison

For the Biotechnology subindustry, Fusion Antibodies'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.


Fusion Antibodies Quick Ratio vs Biotechnology Industry

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

* The bar in red indicates where Fusion Antibodies's Quick Ratio falls into.


LSE:FAB
32GF Score
Fusion Antibodies PLC LSE:FAB
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fusion Antibodies 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.

Fusion Antibodies's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.26-0.269)/0.623
=1.59

Fusion Antibodies's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.392-0.272)/0.772
=1.45

* 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 1.45 mean?
Fusion Antibodies (LSE:FAB) has a Quick Ratio of 1.45 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fusion Antibodies and its competitors. This is 50% below median its historical median of 2.90. Over the past decade, Fusion Antibodies' Quick Ratio has ranged from 1.31 to 9.52. According to the industry distribution chart, Fusion Antibodies ranks #1038 out of 1412 companies in the Biotechnology industry, placing it in the top 73.5%.
Is Fusion Antibodies' Quick Ratio too high?
Fusion Antibodies' current Quick Ratio of 1.45 is 50% below median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 9.52. The Biotechnology industry median Quick Ratio is 3.60. Fusion Antibodies' value of 1.45 is 59.7% below this industry median. Based on the distribution chart, Fusion Antibodies ranks #1038 out of 1412 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Fusion Antibodies has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fusion Antibodies' Quick Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Fusion Antibodies ranks #1038 out of 1412 companies for Quick Ratio. This places Fusion Antibodies in the lower half of its industry. The industry median Quick Ratio is 3.60. Fusion Antibodies' value of 1.45 is 59.7% below this benchmark. Historically, Fusion Antibodies' own Quick Ratio has ranged from 1.31 to 9.52 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 3.60, Fusion Antibodies 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 1,412 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. Fusion Antibodies's current Quick Ratio of 1.45 is 59.7% 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 Fusion Antibodies 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. Fusion Antibodies's current Quick Ratio is 1.45, which is 50% below median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fusion Antibodies stock overvalued right now?
Based on GuruFocus' analysis, Fusion Antibodies (LSE:FAB) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.04, compared to a current price of £0.12 — trading 187.5% above its estimated fair value. The current Quick Ratio is 1.45, which is 50% below median its 10-year median of 2.90 and 59.7% below the Biotechnology industry median of 3.60. Fusion Antibodies' overall GF Score™ is 32/100 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 Fusion Antibodies (LSE:FAB), the current Quick Ratio is 1.45 as of Sep. 2025. 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 Fusion Antibodies (LSE:FAB) Overvalued in 2026?

Based on GuruFocus' analysis, Fusion Antibodies stock appears to be overvalued. The current stock price of £0.12 is trading 187.5% above its estimated GF Value™ of £0.04. GuruFocus considers Fusion Antibodies to be Significantly Overvalued.

Key valuation signals for LSE:FAB:

  • Quick Ratio: 1.45 (50% below median its 10-year median of 2.90)
  • GF Value™: £0.04 vs. price of £0.12 (187.5% above fair value)
  • GF Score™: 32/100 with 4 warning signs
  • Industry Position: 59.7% below the Biotechnology median (#1038 of 1412)

No single metric tells the full story. See the LSE:FAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fusion Antibodies Business Description

Address 1 Springbank Road, Springbank Industrial Estate, Dunmurry, Northern Ireland, Belfast, GBR, BT17 0QL
Fusion Antibodies PLC is a Contract Research Organisation (CRO) providing antibody identification, engineering, and expression services for the discovery and development of antibodies for human and veterinary therapeutics, as well as for diagnostics. Its customers are pharmaceutical, biotech, veterinary, diagnostic, and life science research companies. The company's three core service areas include: Discovery (identification, screening, and sequencing of novel antibodies); Engineering (optimising the performance of antibodies); and Supply (production and purification of antibodies for further development). Geographically company generates the majority of its revenue from North America and the Rest of the World, followed by the United Kingdom and the Rest of Europe.
32GF Score

Get the complete analysis for LSE:FAB

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.12
Price
£0.04
GF Value