Welby (TSE:4438) Quick Ratio: 2.43 (As of Dec. 2025) — 75% Below Median


TSE:4438 Welby Inc TSE:4438
36 GF Score
Price 円253.00
GF Value 円378.19
Valuation Possible Value Trap
! 5 Warning Signs
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What is Welby Quick Ratio?

Welby TSE:4438 +2.43% 36 Quick Ratio is 2.43 as of Dec. 2025, which is 75% below its 10-year median of 9.81. GuruFocus rates TSE:4438 with a GF Score™ of 36/100 and a GF Value™ of 円378.19 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 680 Healthcare Providers & Services companies, Welby ranks better than 67.65% 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. Welby's quick ratio for the quarter that ended in Dec. 2025 was 2.43.

Welby has a quick ratio of 2.43. It generally indicates good short-term financial strength.

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

TSE:4438' s Quick Ratio Range Over the Past 10 Years
Min: 1.95   Med: 9.81   Max: 12.93
Current: 1.95

During the past 10 years, Welby's highest Quick Ratio was 12.93. The lowest was 1.95. And the median was 9.81.

TSE:4438's Quick Ratio is ranked better than
67.65% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 1.32 vs TSE:4438: 1.95

Welby  (TSE:4438) 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.


Welby Quick Ratio Related Terms


Welby Quick Ratio Historical Data

* Premium members only.

The historical data trend for Welby'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.

Welby Quick Ratio Chart

Welby 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 10.43 11.24 12.93 2.94 2.43

Welby Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 2.54 2.04 1.53 2.43 1.95

TSE:4438 vs VEEV, BTSG, TEM: Quick Ratio Comparison

For the Health Information Services subindustry, Welby'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.


Welby Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Welby's Quick Ratio distribution charts can be found below:

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


TSE:4438
36GF Score
Welby Inc TSE:4438
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Welby 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.

Welby'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
=(878.225-3.784)/359.691
=2.43

Welby's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(878.225-3.784)/359.691
=2.43

* 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 2.43 mean?
Welby (TSE:4438) has a Quick Ratio of 2.43 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Welby and its competitors. This is 75% below median its historical median of 9.81. Over the past decade, Welby's Quick Ratio has ranged from 1.95 to 12.93. According to the industry distribution chart, Welby ranks #220 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 32.4%.
Is Welby's Quick Ratio too high?
Welby's current Quick Ratio of 2.43 is 75% below median its 10-year median of 9.81. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 12.93. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Welby's value of 2.43 is 84.1% above this industry median. Based on the distribution chart, Welby ranks #220 out of 680 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Welby has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Welby's Quick Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Welby ranks #220 out of 680 companies for Quick Ratio. This puts Welby in the upper half of its industry. The industry median Quick Ratio is 1.32. Welby's value of 2.43 is 84.1% above this benchmark. Historically, Welby's own Quick Ratio has ranged from 1.95 to 12.93 over the past decade. While the company's 10-year median is 9.81 vs. the industry median of 1.32, Welby 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 680 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. Welby's current Quick Ratio of 2.43 is 84.1% 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 Welby and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welby's current Quick Ratio is 2.43, which is 75% below median its own 10-year median of 9.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welby stock overvalued right now?
Based on GuruFocus' analysis, Welby (TSE:4438) is currently considered Possible Value Trap. The stock's GF Value™ is 円378.19, compared to a current price of 円253.00 — trading 33.1% below its estimated fair value. The current Quick Ratio is 2.43, which is 75% below median its 10-year median of 9.81 and 84.1% above the Healthcare Providers & Services industry median of 1.32. Welby's overall GF Score™ is 36/100 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 Welby (TSE:4438), the current Quick Ratio is 2.43 as of Dec. 2025. 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 Welby (TSE:4438) Overvalued in 2026?

Based on GuruFocus' analysis, Welby stock appears to be undervalued. The current stock price of 円253.00 is trading 33.1% below its estimated GF Value™ of 円378.19. GuruFocus considers Welby to be Possible Value Trap.

Key valuation signals for TSE:4438:

  • Quick Ratio: 2.43 (75% below median its 10-year median of 9.81)
  • GF Value™: 円378.19 vs. price of 円253.00 (33.1% below fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 84.1% above the Healthcare Providers & Services median (#220 of 680)

No single metric tells the full story. See the TSE:4438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Welby Business Description

Address 1-11-1 Kyobashi, 4th Floor, KEPCO Real Estate Yaesu Building, Chuo-ku, Tokyo, JPN, 104-0031
Welby Inc offers patients and their families digital tools helping medical treatment and prevention of the progression of disease. The company co-develops and co-provides digital services with pharmaceuticals, medical device companies, governments, along with patients and healthcare professionals.
36GF Score

Get the complete analysis for TSE:4438

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

円253.00
Price
円378.19
GF Value