TENB (Tenable Holdings) Quick Ratio: 0.85 (As of Mar. 2026) — 33% Below Median


TENB Tenable Holdings Inc TENB
69 GF Score
Price $30.20
GF Value $48.79
Valuation Possible Value Trap
! 3 Warning Signs
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What is Tenable Holdings Quick Ratio?

Tenable Holdings TENB +10.05% 69 Quick Ratio is 0.85 as of Mar. 2026, which is 33% below its 10-year median of 1.27. GuruFocus rates TENB with a GF Score™ of 69/100 and a GF Value™ of $48.79 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,865 Software companies, Tenable Holdings ranks worse than 81.95% 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. Tenable Holdings's quick ratio for the quarter that ended in Mar. 2026 was 0.85.

Tenable Holdings has a quick ratio of 0.85. It indicates that the company cannot currently fully pay back its current liabilities.

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

TENB' s Quick Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.27   Max: 2.01
Current: 0.85

During the past 10 years, Tenable Holdings's highest Quick Ratio was 2.01. The lowest was 0.53. And the median was 1.27.

TENB's Quick Ratio is ranked worse than
81.95% of 2865 companies
in the Software industry
Industry Median: 1.7 vs TENB: 0.85

Tenable Holdings  (NAS:TENB) 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.


Tenable Holdings Quick Ratio Related Terms


Tenable Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tenable Holdings'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.

Tenable Holdings Quick Ratio Chart

Tenable Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.47 1.19 1.27 0.95

Tenable Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.04 0.94 0.94 0.95 0.85

TENB vs TDC, NTCT, PAY: Quick Ratio Comparison

For the Software - Infrastructure subindustry, Tenable Holdings'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.


Tenable Holdings Quick Ratio vs Software Industry

For the Software industry and Technology sector, Tenable Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Tenable Holdings's Quick Ratio falls into.


TENB
69GF Score
Tenable Holdings Inc TENB
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenable Holdings 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.

Tenable Holdings'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
=(773.584-0)/812.949
=0.95

Tenable Holdings's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(647.206-0)/762.446
=0.85

* 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 0.85 mean?
Tenable Holdings (TENB) has a Quick Ratio of 0.85 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tenable Holdings and its competitors. This is 33% below median its historical median of 1.27. Over the past decade, Tenable Holdings' Quick Ratio has ranged from 0.53 to 2.01. According to the industry distribution chart, Tenable Holdings ranks #2348 out of 2865 companies in the Software industry, placing it in the top 82%.
Is Tenable Holdings' Quick Ratio too high?
Tenable Holdings' current Quick Ratio of 0.85 is 33% below median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 2.01. The Software industry median Quick Ratio is 1.70. Tenable Holdings' value of 0.85 is 50% below this industry median. Based on the distribution chart, Tenable Holdings ranks #2348 out of 2865 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Tenable Holdings has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tenable Holdings' Quick Ratio compare to TDC and NTCT?
According to the Software industry distribution chart, Tenable Holdings ranks #2348 out of 2865 companies for Quick Ratio. This places Tenable Holdings in the lower half of its industry. The industry median Quick Ratio is 1.70. Tenable Holdings' value of 0.85 is 50% below this benchmark. Historically, Tenable Holdings' own Quick Ratio has ranged from 0.53 to 2.01 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.70, Tenable Holdings 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,865 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. Tenable Holdings's current Quick Ratio of 0.85 is 50% 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 Tenable Holdings and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenable Holdings's current Quick Ratio is 0.85, which is 33% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenable Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tenable Holdings (TENB) is currently considered Possible Value Trap. The stock's GF Value™ is $48.79, compared to a current price of $30.20 — trading 38.1% below its estimated fair value. The current Quick Ratio is 0.85, which is 33% below median its 10-year median of 1.27 and 50% below the Software industry median of 1.70. Tenable Holdings' overall GF Score™ is 69/100 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 Tenable Holdings (TENB), the current Quick Ratio is 0.85 as of Mar. 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 Tenable Holdings (TENB) Overvalued in 2026?

Based on GuruFocus' analysis, Tenable Holdings stock appears to be undervalued. The current stock price of $30.20 is trading 38.1% below its estimated GF Value™ of $48.79. GuruFocus considers Tenable Holdings to be Possible Value Trap.

Key valuation signals for TENB:

  • Quick Ratio: 0.85 (33% below median its 10-year median of 1.27)
  • GF Value™: $48.79 vs. price of $30.20 (38.1% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 50% below the Software median (#2348 of 2865)

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


Tenable Holdings Business Description

Address 6100 Merriweather Drive, 12th Floor, Columbia, MD, USA, 21044
Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
69GF Score

Get the complete analysis for TENB

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

$30.20
Price
$48.79
GF Value