OM (Outset Medical) Quick Ratio: 4.11 (As of Jun. 2026) — 27% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OM Outset Medical Inc OM
64 GF Score
Price $4.74
GF Value $4.18
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Outset Medical Quick Ratio?

Outset Medical OM -8.51% 64 Quick Ratio is 4.11 as of Jun. 2026, which is 27% below its 10-year median of 5.60. GuruFocus rates OM with a GF Score™ of 64/100 and a GF Value™ of $4.18 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 852 Medical Devices & Instruments companies, Outset Medical ranks better than 82.98% 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. Outset Medical's quick ratio for the quarter that ended in Jun. 2026 was 4.11.

Outset Medical has a quick ratio of 4.11. It generally indicates good short-term financial strength.

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

OM' s Quick Ratio Range Over the Past 10 Years
Min: 2.86   Med: 5.6   Max: 14.16
Current: 4.97

During the past 8 years, Outset Medical's highest Quick Ratio was 14.16. The lowest was 2.86. And the median was 5.60.

OM's Quick Ratio is ranked better than
82.98% of 852 companies
in the Medical Devices & Instruments industry
Industry Median: 1.92 vs OM: 4.97

Outset Medical  (NAS:OM) 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.


Outset Medical Quick Ratio Related Terms


Outset Medical Quick Ratio Historical Data

* Premium members only.

The historical data trend for Outset Medical'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.

Outset Medical Quick Ratio Chart

Outset Medical Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 7.17 6.20 4.37 4.38 5.40

Outset Medical Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.05 5.77 5.40 4.97 4.11

OM vs SERA, LNSR, ZOMDF: Quick Ratio Comparison

For the Medical Devices subindustry, Outset Medical'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.


Outset Medical Quick Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Outset Medical's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Outset Medical's Quick Ratio falls into.


OM
64GF Score
Outset Medical Inc OM
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Outset Medical 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.

Outset Medical'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
=(250.883-47.609)/37.63
=5.40

Outset Medical's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(227.85-47.315)/43.891
=4.11

* 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 4.11 mean?
Outset Medical (OM) has a Quick Ratio of 4.11 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Outset Medical and its competitors. This is 27% below median its historical median of 5.60. Over the past decade, Outset Medical's Quick Ratio has ranged from 2.86 to 14.16. According to the industry distribution chart, Outset Medical ranks #145 out of 852 companies in the Medical Devices & Instruments industry, placing it in the top 17%.
Is Outset Medical's Quick Ratio too high?
Outset Medical's current Quick Ratio of 4.11 is 27% below median its 10-year median of 5.60. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 14.16. The Medical Devices & Instruments industry median Quick Ratio is 1.92. Outset Medical's value of 4.11 is 114.1% above this industry median. Based on the distribution chart, Outset Medical ranks #145 out of 852 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Outset Medical has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Outset Medical's Quick Ratio compare to SERA and LNSR?
According to the Medical Devices & Instruments industry distribution chart, Outset Medical ranks #145 out of 852 companies for Quick Ratio. This places Outset Medical in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.92. Outset Medical's value of 4.11 is 114.1% above this benchmark. Historically, Outset Medical's own Quick Ratio has ranged from 2.86 to 14.16 over the past decade. While the company's 10-year median is 5.60 vs. the industry median of 1.92, Outset Medical 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.92, based on 852 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. Outset Medical's current Quick Ratio of 4.11 is 114.1% 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 Outset Medical and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Outset Medical's current Quick Ratio is 4.11, which is 27% below median its own 10-year median of 5.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Outset Medical stock overvalued right now?
Based on GuruFocus' analysis, Outset Medical (OM) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.18, compared to a current price of $4.74 — trading 13.4% above its estimated fair value. The current Quick Ratio is 4.11, which is 27% below median its 10-year median of 5.60 and 114.1% above the Medical Devices & Instruments industry median of 1.92. Outset Medical's overall GF Score™ is 64/100 with 3 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 Outset Medical (OM), the current Quick Ratio is 4.11 as of Jun. 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 Outset Medical (OM) Overvalued in 2026?

Based on GuruFocus' analysis, Outset Medical stock appears to be overvalued. The current stock price of $4.74 is trading 13.4% above its estimated GF Value™ of $4.18. GuruFocus considers Outset Medical to be Modestly Overvalued.

Key valuation signals for OM:

  • Quick Ratio: 4.11 (27% below median its 10-year median of 5.60)
  • GF Value™: $4.18 vs. price of $4.74 (13.4% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 114.1% above the Medical Devices & Instruments median (#145 of 852)

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


Outset Medical Business Description

Address 3052 Orchard Drive, San Jose, CA, USA, 95134
Outset Medical Inc is a medical technology company pioneering a technology to reduce the cost and complexity of dialysis. The Company generates revenue from the sales of Tablo consoles and related consumables, including Tablo cartridges and accessories.
64GF Score

Get the complete analysis for OM

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

$4.74
Price
$4.18
GF Value