TTNP (Titan Pharmaceuticals) Quick Ratio: 11.60 (As of Jun. 2025)

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TTNP Titan Pharmaceuticals Inc TTNP
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What is Titan Pharmaceuticals Quick Ratio?

Titan Pharmaceuticals TTNP 9 Quick Ratio is 11.60 as of Jun. 2025. GuruFocus rates TTNP with a GF Score™ of 9/100.

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. Titan Pharmaceuticals's quick ratio for the quarter that ended in Jun. 2025 was 11.60.

Titan Pharmaceuticals has a quick ratio of 11.60. It generally indicates good short-term financial strength.

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

TTNP's Quick Ratio is not ranked *
in the Biotechnology industry.
Industry Median: 3.6
* Ranked among companies with meaningful Quick Ratio only.

Titan Pharmaceuticals  (NAS:TTNP) 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.


Titan Pharmaceuticals Quick Ratio Related Terms


Titan Pharmaceuticals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Titan Pharmaceuticals'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.

Titan Pharmaceuticals Quick Ratio Chart

Titan Pharmaceuticals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 2.60 1.33 5.55 6.05

Titan Pharmaceuticals Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 12.22 9.71 6.05 7.73 11.60

TTNP vs TCRT, SXTP, KTTA: Quick Ratio Comparison

For the Biotechnology subindustry, Titan Pharmaceuticals'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.


Titan Pharmaceuticals Quick Ratio vs Biotechnology Industry

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

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


TTNP
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Titan Pharmaceuticals Inc TTNP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Titan Pharmaceuticals 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.

Titan Pharmaceuticals's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.923-0)/0.483
=6.05

Titan Pharmaceuticals's Quick Ratio for the quarter that ended in Jun. 2025 is calculated as

Quick Ratio (Q: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3.051-0)/0.263
=11.60

* 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 11.60 mean?
Titan Pharmaceuticals (TTNP) has a Quick Ratio of 11.60 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Titan Pharmaceuticals and its competitors.
Is Titan Pharmaceuticals' Quick Ratio too high?
Titan Pharmaceuticals' current Quick Ratio is 11.60. The Biotechnology industry median Quick Ratio is 3.60. Titan Pharmaceuticals' value of 11.60 is 222.2% above this industry median. Overall, Titan Pharmaceuticals has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Titan Pharmaceuticals' Quick Ratio compare to TCRT and SXTP?
Titan Pharmaceuticals' Quick Ratio of 11.60 can be compared against companies in the Biotechnology industry. The industry median Quick Ratio is 3.60. Titan Pharmaceuticals' value of 11.60 is 222.2% above 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 3.60, 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. Titan Pharmaceuticals's current Quick Ratio of 11.60 is 222.2% 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 Titan Pharmaceuticals 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. Titan Pharmaceuticals's current Quick Ratio is 11.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Pharmaceuticals stock overvalued right now?
Titan Pharmaceuticals (TTNP) has a current Quick Ratio of 11.60. The current Quick Ratio is 11.60 and 222.2% above the Biotechnology industry median of 3.60. Titan Pharmaceuticals' overall GF Score™ is 9/100. 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 Titan Pharmaceuticals (TTNP), the current Quick Ratio is 11.60 as of Jun. 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.

Titan Pharmaceuticals Business Description

Address 400 Oyster Point Boulevard, Suite 505, South San Francisco, CA, USA, 94080
Titan Pharmaceuticals Inc is a development stage company developing proprietary therapeutics with utilizing ProNeura long-term, continuous drug delivery technology. The ProNeura technology has the potential to be used in developing products for treating a number of chronic conditions, where maintaining consistent, around-the-clock blood levels of medication may benefit the patient and improve medical outcomes.
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