XBIT (XBiotech) Quick Ratio: 39.03 (As of Mar. 2026) — 101% Above Median


XBIT XBiotech Inc XBIT
32 GF Score
Price $2.33
! 2 Warning Signs
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What is XBiotech Quick Ratio?

XBiotech XBIT 32 Quick Ratio is 39.03 as of Mar. 2026, which is 101% above its 10-year median of 19.38. GuruFocus rates XBIT with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 1,416 Biotechnology companies, XBiotech ranks better than 97.95% 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. XBiotech's quick ratio for the quarter that ended in Mar. 2026 was 39.03.

XBiotech has a quick ratio of 39.03. It generally indicates good short-term financial strength.

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

XBIT' s Quick Ratio Range Over the Past 10 Years
Min: 4.57   Med: 19.38   Max: 120.51
Current: 39.03

During the past 13 years, XBiotech's highest Quick Ratio was 120.51. The lowest was 4.57. And the median was 19.38.

XBIT's Quick Ratio is ranked better than
97.95% of 1416 companies
in the Biotechnology industry
Industry Median: 3.6 vs XBIT: 39.03

XBiotech  (NAS:XBIT) 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.


XBiotech Quick Ratio Related Terms


XBiotech Quick Ratio Historical Data

* Premium members only.

The historical data trend for XBiotech'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.

XBiotech Quick Ratio Chart

XBiotech 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 71.49 54.07 33.07 11.56 16.01

XBiotech 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 29.15 40.16 41.78 16.01 39.03

XBIT vs FLNA, MCRB, TCRX: Quick Ratio Comparison

For the Biotechnology subindustry, XBiotech'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.


XBiotech Quick Ratio vs Biotechnology Industry

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

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


XBIT
32GF Score
XBiotech Inc XBIT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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XBiotech 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.

XBiotech'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
=(126.953-0)/7.929
=16.01

XBiotech'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
=(117.049-0)/2.999
=39.03

* 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 39.03 mean?
XBiotech (XBIT) has a Quick Ratio of 39.03 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on XBiotech and its competitors. This is 101% above median its historical median of 19.38. Over the past decade, XBiotech's Quick Ratio has ranged from 4.57 to 120.51. According to the industry distribution chart, XBiotech ranks #29 out of 1416 companies in the Biotechnology industry, placing it in the top 2%.
Is XBiotech's Quick Ratio too high?
XBiotech's current Quick Ratio of 39.03 is 101% above median its 10-year median of 19.38. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 120.51. The Biotechnology industry median Quick Ratio is 3.60. XBiotech's value of 39.03 is 984.2% above this industry median. Based on the distribution chart, XBiotech ranks #29 out of 1416 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, XBiotech has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does XBiotech's Quick Ratio compare to FLNA and MCRB?
According to the Biotechnology industry distribution chart, XBiotech ranks #29 out of 1416 companies for Quick Ratio. This places XBiotech in the top 2% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.60. XBiotech's value of 39.03 is 984.2% above this benchmark. Historically, XBiotech's own Quick Ratio has ranged from 4.57 to 120.51 over the past decade. While the company's 10-year median is 19.38 vs. the industry median of 3.60, XBiotech 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 1,416 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. XBiotech's current Quick Ratio of 39.03 is 984.2% 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 XBiotech 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. XBiotech's current Quick Ratio is 39.03, which is 101% above median its own 10-year median of 19.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XBiotech stock overvalued right now?
XBiotech (XBIT) has a current Quick Ratio of 39.03. The current Quick Ratio is 39.03, which is 101% above median its 10-year median of 19.38 and 984.2% above the Biotechnology industry median of 3.60. XBiotech's overall GF Score™ is 32/100 with 2 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 XBiotech (XBIT), the current Quick Ratio is 39.03 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.

XBiotech Business Description

Other Exchanges 4XB:Germany
Address 5217 Winnebago Lane, Austin, TX, USA, 78744
XBiotech Inc is a biopharmaceutical company that discovers and develops True Human monoclonal antibodies derived from human donors to replicate the human immune response in the treatment of various diseases. It has developed a pipeline of product candidates using True Human antibodies targeting both inflammatory and infectious diseases. The company's developement pipeline comprises: Natrunix, an antibody targeting IL-1a in oncology (pancreatic cancer), a clinical stage therapeutic for Methicillin Resistant Staphylococcus aureus (MRSA), and several pre-clinical stage therapeutics, including: an oral delivery antibody therapeutic for colon infection by C. difficile; an injectable therapy for varicella zoster (adult chicken pox), the causative agent for shingles; and an influenza therapy.
32GF Score

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