VHC (VirnetX Holding) Quick Ratio: 8.53 (As of Mar. 2026) — 23% Above Median


VHC VirnetX Holding Corp VHC
50 GF Score
Price $11.98
GF Value $86.18
Valuation Possible Value Trap
! 5 Warning Signs
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What is VirnetX Holding Quick Ratio?

VirnetX Holding VHC -2.92% 50 Quick Ratio is 8.53 as of Mar. 2026, which is 23% above its 10-year median of 6.96. GuruFocus rates VHC with a GF Score™ of 50/100 and a GF Value™ of $86.18 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,863 Software companies, VirnetX Holding ranks better than 94.41% 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. VirnetX Holding's quick ratio for the quarter that ended in Mar. 2026 was 8.53.

VirnetX Holding has a quick ratio of 8.53. It generally indicates good short-term financial strength.

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

VHC' s Quick Ratio Range Over the Past 10 Years
Min: 1.16   Med: 6.96   Max: 308.31
Current: 8.53

During the past 13 years, VirnetX Holding's highest Quick Ratio was 308.31. The lowest was 1.16. And the median was 6.96.

VHC's Quick Ratio is ranked better than
94.41% of 2863 companies
in the Software industry
Industry Median: 1.7 vs VHC: 8.53

VirnetX Holding  (NAS:VHC) 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.


VirnetX Holding Quick Ratio Related Terms


VirnetX Holding Quick Ratio Historical Data

* Premium members only.

The historical data trend for VirnetX Holding'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.

VirnetX Holding Quick Ratio Chart

VirnetX Holding 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 166.01 208.29 42.93 5.31 10.70

VirnetX Holding 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 17.72 16.26 13.72 10.70 8.53

VHC vs AGPU, SKYA, RMXI: Quick Ratio Comparison

For the Software - Infrastructure subindustry, VirnetX Holding'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.


VirnetX Holding Quick Ratio vs Software Industry

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

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


VHC
50GF Score
VirnetX Holding Corp VHC
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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VirnetX Holding 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.

VirnetX Holding'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
=(21.666-0)/2.025
=10.70

VirnetX Holding'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
=(17.561-0)/2.059
=8.53

* 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 8.53 mean?
VirnetX Holding (VHC) has a Quick Ratio of 8.53 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on VirnetX Holding and its competitors. This is 23% above median its historical median of 6.96. Over the past decade, VirnetX Holding's Quick Ratio has ranged from 1.16 to 308.31. According to the industry distribution chart, VirnetX Holding ranks #160 out of 2863 companies in the Software industry, placing it in the top 5.6%.
Is VirnetX Holding's Quick Ratio too high?
VirnetX Holding's current Quick Ratio of 8.53 is 23% above median its 10-year median of 6.96. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 308.31. The Software industry median Quick Ratio is 1.70. VirnetX Holding's value of 8.53 is 401.8% above this industry median. Based on the distribution chart, VirnetX Holding ranks #160 out of 2863 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, VirnetX Holding has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VirnetX Holding's Quick Ratio compare to AGPU and SKYA?
According to the Software industry distribution chart, VirnetX Holding ranks #160 out of 2863 companies for Quick Ratio. This places VirnetX Holding in the top 6% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.70. VirnetX Holding's value of 8.53 is 401.8% above this benchmark. Historically, VirnetX Holding's own Quick Ratio has ranged from 1.16 to 308.31 over the past decade. While the company's 10-year median is 6.96 vs. the industry median of 1.70, VirnetX Holding 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,863 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. VirnetX Holding's current Quick Ratio of 8.53 is 401.8% 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 VirnetX Holding 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. VirnetX Holding's current Quick Ratio is 8.53, which is 23% above median its own 10-year median of 6.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirnetX Holding stock overvalued right now?
Based on GuruFocus' analysis, VirnetX Holding (VHC) is currently considered Possible Value Trap. The stock's GF Value™ is $86.18, compared to a current price of $11.98 — trading 86.1% below its estimated fair value. The current Quick Ratio is 8.53, which is 23% above median its 10-year median of 6.96 and 401.8% above the Software industry median of 1.70. VirnetX Holding's overall GF Score™ is 50/100 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 VirnetX Holding (VHC), the current Quick Ratio is 8.53 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 VirnetX Holding (VHC) Overvalued in 2026?

Based on GuruFocus' analysis, VirnetX Holding stock appears to be undervalued. The current stock price of $11.98 is trading 86.1% below its estimated GF Value™ of $86.18. GuruFocus considers VirnetX Holding to be Possible Value Trap.

Key valuation signals for VHC:

  • Quick Ratio: 8.53 (23% above median its 10-year median of 6.96)
  • GF Value™: $86.18 vs. price of $11.98 (86.1% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 401.8% above the Software median (#160 of 2863)

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


VirnetX Holding Business Description

Other Exchanges VN20:Germany
Address 308 Dorla Court, Suite 206, Zephyr Cove, NV, USA, 89448
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications. Its software and technology solutions, including its Secure Domain Name Registry and Technology, VirnetX One, War Room, VirnetX Matrix, and GABRIEL Connection Technology, are designed to be device and location-independent, and enable a secure real-time communication environment for all types of enterprise applications, services and critical infrastructures.
50GF Score

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

$11.98
Price
$86.18
GF Value