RDTCF (Rapid Dose Therapeutics) Quick Ratio: 0.02 (As of May. 2026) — 80% Below Median

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What is Rapid Dose Therapeutics Quick Ratio?

Rapid Dose Therapeutics RDTCF Quick Ratio is 0.02 as of May. 2026, which is 80% below its 10-year median of 0.10. The stock has 4 warning signs investors should review. Among 1,411 Biotechnology companies, Rapid Dose Therapeutics ranks worse than 99.29% 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. Rapid Dose Therapeutics's quick ratio for the quarter that ended in May. 2026 was 0.02.

Rapid Dose Therapeutics has a quick ratio of 0.02. It indicates that the company cannot currently fully pay back its current liabilities.

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

RDTCF' s Quick Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.1   Max: 2.03
Current: 0.02

During the past 13 years, Rapid Dose Therapeutics's highest Quick Ratio was 2.03. The lowest was 0.02. And the median was 0.10.

RDTCF's Quick Ratio is ranked worse than
99.29% of 1411 companies
in the Biotechnology industry
Industry Median: 3.59 vs RDTCF: 0.02

Rapid Dose Therapeutics  (OTCPK:RDTCF) 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.


Rapid Dose Therapeutics Quick Ratio Related Terms


Rapid Dose Therapeutics Quick Ratio Historical Data

* Premium members only.

The historical data trend for Rapid Dose 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.

Rapid Dose Therapeutics Quick Ratio Chart

Rapid Dose Therapeutics Annual Data
Trend Sep17 Sep18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.06 0.19 0.06 0.02

Rapid Dose Therapeutics Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.05 0.10 0.06 0.02 0.02

RDTCF vs VRTX, REGN, RVMD: Quick Ratio Comparison

For the Biotechnology subindustry, Rapid Dose 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.


Rapid Dose Therapeutics Quick Ratio vs Biotechnology Industry

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

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



Rapid Dose 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.

Rapid Dose Therapeutics's Quick Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Quick Ratio (A: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.267-0.117)/6.188
=0.02

Rapid Dose Therapeutics's Quick Ratio for the quarter that ended in May. 2026 is calculated as

Quick Ratio (Q: May. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.236-0.109)/6.355
=0.02

* 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 0.02 mean?
Rapid Dose Therapeutics (RDTCF) has a Quick Ratio of 0.02 as of May. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Rapid Dose Therapeutics and its competitors. This is 80% below median its historical median of 0.10. Over the past decade, Rapid Dose Therapeutics' Quick Ratio has ranged from 0.02 to 2.03. According to the industry distribution chart, Rapid Dose Therapeutics ranks #1401 out of 1411 companies in the Biotechnology industry, placing it in the top 99.3%.
Is Rapid Dose Therapeutics' Quick Ratio too high?
Rapid Dose Therapeutics' current Quick Ratio of 0.02 is 80% below median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 2.03. The Biotechnology industry median Quick Ratio is 3.59. Rapid Dose Therapeutics' value of 0.02 is 99.4% below this industry median. Based on the distribution chart, Rapid Dose Therapeutics ranks #1401 out of 1411 companies in the Biotechnology industry, which is in the bottom quartile relative to peers.
How does Rapid Dose Therapeutics' Quick Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Rapid Dose Therapeutics ranks #1401 out of 1411 companies for Quick Ratio. This places Rapid Dose Therapeutics in the lower half of its industry. The industry median Quick Ratio is 3.59. Rapid Dose Therapeutics' value of 0.02 is 99.4% below this benchmark. Historically, Rapid Dose Therapeutics' own Quick Ratio has ranged from 0.02 to 2.03 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 3.59, Rapid Dose Therapeutics 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 3.59, 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. Rapid Dose Therapeutics's current Quick Ratio of 0.02 is 99.4% 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 Rapid Dose 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. Rapid Dose Therapeutics's current Quick Ratio is 0.02, which is 80% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rapid Dose Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Rapid Dose Therapeutics (RDTCF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.20, compared to a current price of $0.09 — trading 57.5% below its estimated fair value. The current Quick Ratio is 0.02, which is 80% below median its 10-year median of 0.10 and 99.4% below the Biotechnology industry median of 3.59. 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 Rapid Dose Therapeutics (RDTCF), the current Quick Ratio is 0.02 as of May. 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.

Rapid Dose Therapeutics Business Description

Other Exchanges DOSE:Canada
Address 1121 Walkers Line, Unit 3a, Burlington, ON, CAN, L7N 2G4
Rapid Dose Therapeutics Corp is a Canadian biotechnology company revolutionizing drug delivery through innovation. The company's flagship product QuickStrip is a thin, orally dissolvable film, that can be infused with an infinite list of active ingredients (nutraceuticals, pharmaceuticals, vaccines, and cannabis) that are delivered quickly into the bloodstream resulting in rapid onset of the active ingredient.