Sirona Biochem (STU:ZSB) Quick Ratio: 0.34 (As of Jul. 2024)

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.

What is Sirona Biochem Quick Ratio?

Sirona Biochem STU:ZSB Quick Ratio is 0.34 as of Jul. 2024.

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. Sirona Biochem's quick ratio for the quarter that ended in Jul. 2024 was 0.34.

Sirona Biochem has a quick ratio of 0.34. It indicates that the company cannot currently fully pay back its current liabilities.

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

STU:ZSB's Quick Ratio is not ranked *
in the Biotechnology industry.
Industry Median: 3.565
* Ranked among companies with meaningful Quick Ratio only.

Sirona Biochem  (STU:ZSB) 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.


Sirona Biochem Quick Ratio Related Terms


Sirona Biochem Quick Ratio Historical Data

* Premium members only.

The historical data trend for Sirona Biochem'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.

Sirona Biochem Quick Ratio Chart

Sirona Biochem Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.62 2.04 1.70 1.47 0.55

Sirona Biochem Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 1.50 0.55 0.39 0.34 0.34

STU:ZSB vs MTNB, TCRT, QLGN: Quick Ratio Comparison

For the Biotechnology subindustry, Sirona Biochem'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.


Sirona Biochem Quick Ratio vs Biotechnology Industry

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

* The bar in red indicates where Sirona Biochem's Quick Ratio falls into.



Sirona Biochem 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.

Sirona Biochem's Quick Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Quick Ratio (A: Oct. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.707-0)/1.289
=0.55

Sirona Biochem's Quick Ratio for the quarter that ended in Jul. 2024 is calculated as

Quick Ratio (Q: Jul. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.543-0)/1.598
=0.34

* 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 0.34 mean?
Sirona Biochem (STU:ZSB) has a Quick Ratio of 0.34 as of Jul. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sirona Biochem and its competitors.
Is Sirona Biochem's Quick Ratio too high?
Sirona Biochem's current Quick Ratio is 0.34. The Biotechnology industry median Quick Ratio is 3.57. Sirona Biochem's value of 0.34 is 90.5% below this industry median.
How does Sirona Biochem's Quick Ratio compare to MTNB and TCRT?
Sirona Biochem's Quick Ratio of 0.34 can be compared against companies in the Biotechnology industry. The industry median Quick Ratio is 3.57. Sirona Biochem's value of 0.34 is 90.5% below this benchmark. 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 3.57, 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. Sirona Biochem's current Quick Ratio of 0.34 is 90.5% 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 Sirona Biochem and its competitors. For the Biotechnology industry, the median Quick Ratio is 3.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sirona Biochem's current Quick Ratio is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirona Biochem stock overvalued right now?
Sirona Biochem (STU:ZSB) has a current Quick Ratio of 0.34. The current Quick Ratio is 0.34 and 90.5% below the Biotechnology industry median of 3.57. 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 Sirona Biochem (STU:ZSB), the current Quick Ratio is 0.34 as of Jul. 2024. 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.

Sirona Biochem Business Description

Address C/o WeWork, 595 Burrard Street, Vancouver, BC, CAN, V7X 1L4
Sirona Biochem Corp is a development stage biotechnology company. The principal activities of the company are the development of cosmetic and pharmaceutical active ingredients which are licensed to partners in exchange for upfront, milestone, and royalty payments. The company acts as a cosmetic ingredient and drug discovery company with a proprietary technology platform with a specialization in the stabilization of carbohydrate molecules. The company has a business presence in Canada and France.