Wellgistics HealthWGRX -2.93% Quick Ratio is 0.03 as of Mar. 2026, which is 80% below its 10-year median of 0.15. The stock has 6 warning signs investors should review. Among 678 Healthcare Providers & Services companies, Wellgistics Health ranks worse than 98.82% on this metric.
Wellgistics Health has a quick ratio of 0.03. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Wellgistics Health's Quick Ratio or its related term are showing as below:
WGRX'
s Quick Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.15 Max: 0.26
Current: 0.03
During the past 4 years, Wellgistics Health's highest Quick Ratio was 0.26. The lowest was 0.03. And the median was 0.15.
WGRX's Quick Ratio is ranked worse than 98.82% of 678
companies
in the Healthcare Providers & Services industry
Industry Median: 1.325
vs WGRX: 0.03
Wellgistics Health (NAS:WGRX) 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.
Wellgistics Health Quick Ratio Related Terms
Wellgistics Health Quick Ratio Historical Data
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The historical data trend for Wellgistics Health'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.
For the Pharmaceutical Retailers subindustry, Wellgistics Health'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.
Wellgistics Health Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Wellgistics Health's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Wellgistics Health'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.
Wellgistics Health'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.
Wellgistics Health (WGRX) has a Quick Ratio of 0.03 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Wellgistics Health and its competitors. This is 80% below median its historical median of 0.15. Over the past decade, Wellgistics Health's Quick Ratio has ranged from 0.03 to 0.26. According to the industry distribution chart, Wellgistics Health ranks #670 out of 678 companies in the Healthcare Providers & Services industry, placing it in the top 98.8%.
Is Wellgistics Health's Quick Ratio too high?
Wellgistics Health's current Quick Ratio of 0.03 is 80% below median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.26. The Healthcare Providers & Services industry median Quick Ratio is 1.33. Wellgistics Health's value of 0.03 is 97.7% below this industry median. Based on the distribution chart, Wellgistics Health ranks #670 out of 678 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers.
How does Wellgistics Health's Quick Ratio compare to HEWA and BLMH?
According to the Healthcare Providers & Services industry distribution chart, Wellgistics Health ranks #670 out of 678 companies for Quick Ratio. This places Wellgistics Health in the lower half of its industry. The industry median Quick Ratio is 1.33. Wellgistics Health's value of 0.03 is 97.7% below this benchmark. Historically, Wellgistics Health's own Quick Ratio has ranged from 0.03 to 0.26 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 1.33, Wellgistics Health 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.33, based on 678 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. Wellgistics Health's current Quick Ratio of 0.03 is 97.7% 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 Wellgistics Health and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wellgistics Health's current Quick Ratio is 0.03, which is 80% below median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellgistics Health stock overvalued right now?
Wellgistics Health (WGRX) has a current Quick Ratio of 0.03. The current Quick Ratio is 0.03, which is 80% below median its 10-year median of 0.15 and 97.7% below the Healthcare Providers & Services industry median of 1.33. 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 Wellgistics Health (WGRX), the current Quick Ratio is 0.03 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.
Wellgistics Health Inc is a healthcare technology and pharmaceutical logistics company. It simplifies the logistics of prescription fulfillment from the manufacturer and provider to the patient. The company seeks to be a micro health ecosystem, with a portfolio comprising a pharmacy, wholesale operations, and a technology division that provides a novel platform for hub and clinical services. It is focused on improving the lives of patients while delivering solutions for pharmacies, providers, pharmaceutical manufacturers, and payors.
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