Vascular Biogenics (STU:0VB) Quick Ratio: 4.63 (As of Jun. 2023) — 28% Below Median

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What is Vascular Biogenics Quick Ratio?

Vascular Biogenics STU:0VB 10 Quick Ratio is 4.63 as of Jun. 2023, which is 28% below its 10-year median of 6.45. GuruFocus rates STU:0VB with a GF Score™ of 10/100. The stock has 5 warning signs investors should review.

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. Vascular Biogenics's quick ratio for the quarter that ended in Jun. 2023 was 4.63.

Vascular Biogenics has a quick ratio of 4.63. It generally indicates good short-term financial strength.

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

STU:0VB' s Quick Ratio Range Over the Past 10 Years
Min: 1.5   Med: 6.45   Max: 13.12
Current: 4.63

During the past 11 years, Vascular Biogenics's highest Quick Ratio was 13.12. The lowest was 1.50. And the median was 6.45.

STU:0VB's Quick Ratio is not ranked
in the Biotechnology industry.
Industry Median: 3.59 vs STU:0VB: 4.63

Vascular Biogenics  (STU:0VB) 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.


Vascular Biogenics Quick Ratio Related Terms


Vascular Biogenics Quick Ratio Historical Data

* Premium members only.

The historical data trend for Vascular Biogenics'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.

Vascular Biogenics Quick Ratio Chart

Vascular Biogenics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.83 4.36 4.29 5.53 3.29

Vascular Biogenics Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 4.05 2.82 3.29 3.48 4.63

STU:0VB vs MBIO, GNPX, LEXX: Quick Ratio Comparison

For the Biotechnology subindustry, Vascular Biogenics'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.


Vascular Biogenics Quick Ratio vs Biotechnology Industry

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

* The bar in red indicates where Vascular Biogenics's Quick Ratio falls into.



Vascular Biogenics 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.

Vascular Biogenics's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Quick Ratio (A: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(20.909-0)/6.354
=3.29

Vascular Biogenics's Quick Ratio for the quarter that ended in Jun. 2023 is calculated as

Quick Ratio (Q: Jun. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(22.658-0)/4.893
=4.63

* 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 4.63 mean?
Vascular Biogenics (STU:0VB) has a Quick Ratio of 4.63 as of Jun. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vascular Biogenics and its competitors. This is 28% below median its historical median of 6.45. Over the past decade, Vascular Biogenics' Quick Ratio has ranged from 1.50 to 13.12.
Is Vascular Biogenics' Quick Ratio too high?
Vascular Biogenics' current Quick Ratio of 4.63 is 28% below median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 13.12. The Biotechnology industry median Quick Ratio is 3.59. Vascular Biogenics' value of 4.63 is 29% above this industry median. Overall, Vascular Biogenics has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Vascular Biogenics' Quick Ratio compare to MBIO and GNPX?
Vascular Biogenics' Quick Ratio of 4.63 can be compared against companies in the Biotechnology industry. The industry median Quick Ratio is 3.59. Vascular Biogenics' value of 4.63 is 29% above this benchmark. Historically, Vascular Biogenics' own Quick Ratio has ranged from 1.50 to 13.12 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 3.59, Vascular Biogenics 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. Vascular Biogenics's current Quick Ratio of 4.63 is 29% 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 Vascular Biogenics 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. Vascular Biogenics's current Quick Ratio is 4.63, which is 28% below median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vascular Biogenics stock overvalued right now?
Vascular Biogenics (STU:0VB) has a current Quick Ratio of 4.63. The current Quick Ratio is 4.63, which is 28% below median its 10-year median of 6.45 and 29% above the Biotechnology industry median of 3.59. Vascular Biogenics' overall GF Score™ is 10/100 with 5 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 Vascular Biogenics (STU:0VB), the current Quick Ratio is 4.63 as of Jun. 2023. 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.

Vascular Biogenics Business Description

Address 8 HaSatat Street, Modi’in, ISR, 7178106
Vascular Biogenics Ltd is a clinical-stage biopharmaceutical company. It is focused on the discovery, development, and commercialization of first-in-class treatments for cancer. The lead product candidate of the company is VB-111 which is a gene-based biologic which is being developed for solid tumor indications for recurrent glioblastoma, an aggressive form of brain cancer. The company is also engaged in conducting a program targeting anti-inflammatory diseases, based on the use of Lecinoxoid platform technology. The product brands of the company include VTS, Vascular Targeting Systems, Vbl, Vascular Biogenics And Vascular Therapeutics.