Carna BiosciencesTSE:4572 +6.92%24 Quick Ratio is 6.08 as of Dec. 2025, which is 7% below its 10-year median of 6.53. GuruFocus rates TSE:4572 with a GF Score™ of 24/100 and a GF Value™ of 円175.60 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,412 Biotechnology companies, Carna Biosciences ranks better than 86.9% on this metric.
Carna Biosciences has a quick ratio of 6.08. It generally indicates good short-term financial strength.
The historical rank and industry rank for Carna Biosciences's Quick Ratio or its related term are showing as below:
TSE:4572'
s Quick Ratio Range Over the Past 10 Years
Min: 3.9 Med: 6.53 Max: 14.92
Current: 14.92
During the past 13 years, Carna Biosciences's highest Quick Ratio was 14.92. The lowest was 3.90. And the median was 6.53.
TSE:4572's Quick Ratio is ranked better than 86.9% of 1412
companies
in the Biotechnology industry
Industry Median: 3.6
vs TSE:4572: 14.92
Carna Biosciences (TSE:4572) 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.
Carna Biosciences Quick Ratio Related Terms
Carna Biosciences Quick Ratio Historical Data
* Premium members only.
The historical data trend for Carna Biosciences'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.
TSE:4572 vs VRTX, REGN, ALNY: Quick Ratio Comparison
For the Biotechnology subindustry, Carna Biosciences'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.
Carna Biosciences Quick Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Carna Biosciences's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Carna Biosciences's Quick Ratio falls into.
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.
Carna Biosciences's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Carna Biosciences (TSE:4572) has a Quick Ratio of 6.08 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Carna Biosciences and its competitors. This is near median its historical median of 6.53. Over the past decade, Carna Biosciences' Quick Ratio has ranged from 3.90 to 14.92. According to the industry distribution chart, Carna Biosciences ranks #185 out of 1412 companies in the Biotechnology industry, placing it in the top 13.1%.
Is Carna Biosciences' Quick Ratio too high?
Carna Biosciences' current Quick Ratio of 6.08 is near median its 10-year median of 6.53. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 14.92. The Biotechnology industry median Quick Ratio is 3.60. Carna Biosciences' value of 6.08 is 68.9% above this industry median. Based on the distribution chart, Carna Biosciences ranks #185 out of 1412 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Carna Biosciences has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carna Biosciences' Quick Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Carna Biosciences ranks #185 out of 1412 companies for Quick Ratio. This places Carna Biosciences in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.60. Carna Biosciences' value of 6.08 is 68.9% above this benchmark. Historically, Carna Biosciences' own Quick Ratio has ranged from 3.90 to 14.92 over the past decade. While the company's 10-year median is 6.53 vs. the industry median of 3.60, Carna Biosciences 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 3.60, 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. Carna Biosciences's current Quick Ratio of 6.08 is 68.9% 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 Carna Biosciences and its competitors. For the Biotechnology industry, the median Quick Ratio is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carna Biosciences's current Quick Ratio is 6.08, which is near median its own 10-year median of 6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carna Biosciences stock overvalued right now?
Based on GuruFocus' analysis, Carna Biosciences (TSE:4572) is currently considered Significantly Overvalued. The stock's GF Value™ is 円175.60, compared to a current price of 円340.00 — trading 93.6% above its estimated fair value. The current Quick Ratio is 6.08, which is near median its 10-year median of 6.53 and 68.9% above the Biotechnology industry median of 3.60. Carna Biosciences' overall GF Score™ is 24/100 with 6 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 Carna Biosciences (TSE:4572), the current Quick Ratio is 6.08 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 Carna Biosciences (TSE:4572) Overvalued in 2026?
Based on GuruFocus' analysis, Carna Biosciences stock appears to be overvalued.
The current stock price of 円340.00 is trading 93.6% above its estimated GF Value™ of 円175.60.
GuruFocus considers Carna Biosciences to be Significantly Overvalued.
Key valuation signals for TSE:4572:
Quick Ratio: 6.08 (near median its 10-year median of 6.53)
GF Value™: 円175.60 vs. price of 円340.00 (93.6% above fair value)
Industry Position: 68.9% above the Biotechnology median (#185 of 1412)
No single metric tells the full story. See the TSE:4572 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carna Biosciences Inc is a Japanese company engaged in drug discovery support business and drug discovery and development business. The company identifies and develops medicines for the treatment of cancer and inflammatory diseases using own kinase drug discovery platform, QuickScout.
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