Xenon PharmaceuticalsXENE +5.21%25 Quick Ratio is 27.79 as of Mar. 2026, which is 54% above its 10-year median of 18.09. GuruFocus rates XENE with a GF Score™ of 25/100. The stock has 5 warning signs investors should review. Among 1,416 Biotechnology companies, Xenon Pharmaceuticals ranks better than 95.83% on this metric.
Xenon Pharmaceuticals has a quick ratio of 27.79. It generally indicates good short-term financial strength.
The historical rank and industry rank for Xenon Pharmaceuticals's Quick Ratio or its related term are showing as below:
XENE'
s Quick Ratio Range Over the Past 10 Years
Min: 3.34 Med: 18.09 Max: 68.36
Current: 27.79
During the past 13 years, Xenon Pharmaceuticals's highest Quick Ratio was 68.36. The lowest was 3.34. And the median was 18.09.
XENE's Quick Ratio is ranked better than 95.83% of 1416
companies
in the Biotechnology industry
Industry Median: 3.6
vs XENE: 27.79
Xenon Pharmaceuticals (NAS:XENE) 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.
Xenon Pharmaceuticals Quick Ratio Related Terms
Xenon Pharmaceuticals Quick Ratio Historical Data
* Premium members only.
The historical data trend for Xenon 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.
For the Biotechnology subindustry, Xenon 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.
Xenon Pharmaceuticals Quick Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Xenon Pharmaceuticals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Xenon Pharmaceuticals'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.
Xenon Pharmaceuticals'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.
Xenon Pharmaceuticals (XENE) has a Quick Ratio of 27.79 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Xenon Pharmaceuticals and its competitors. This is 54% above median its historical median of 18.09. Over the past decade, Xenon Pharmaceuticals' Quick Ratio has ranged from 3.34 to 68.36. According to the industry distribution chart, Xenon Pharmaceuticals ranks #59 out of 1416 companies in the Biotechnology industry, placing it in the top 4.2%.
Is Xenon Pharmaceuticals' Quick Ratio too high?
Xenon Pharmaceuticals' current Quick Ratio of 27.79 is 54% above median its 10-year median of 18.09. Over the past 10 years, this metric has ranged from a low of 3.34 to a high of 68.36. The Biotechnology industry median Quick Ratio is 3.60. Xenon Pharmaceuticals' value of 27.79 is 671.9% above this industry median. Based on the distribution chart, Xenon Pharmaceuticals ranks #59 out of 1416 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Xenon Pharmaceuticals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Xenon Pharmaceuticals' Quick Ratio compare to CRSP and CGON?
According to the Biotechnology industry distribution chart, Xenon Pharmaceuticals ranks #59 out of 1416 companies for Quick Ratio. This places Xenon Pharmaceuticals in the top 4% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.60. Xenon Pharmaceuticals' value of 27.79 is 671.9% above this benchmark. Historically, Xenon Pharmaceuticals' own Quick Ratio has ranged from 3.34 to 68.36 over the past decade. While the company's 10-year median is 18.09 vs. the industry median of 3.60, Xenon Pharmaceuticals 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. Xenon Pharmaceuticals's current Quick Ratio of 27.79 is 671.9% 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 Xenon 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. Xenon Pharmaceuticals's current Quick Ratio is 27.79, which is 54% above median its own 10-year median of 18.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xenon Pharmaceuticals stock overvalued right now?
Xenon Pharmaceuticals (XENE) has a current Quick Ratio of 27.79. The current Quick Ratio is 27.79, which is 54% above median its 10-year median of 18.09 and 671.9% above the Biotechnology industry median of 3.60. Xenon Pharmaceuticals' overall GF Score™ is 25/100 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 Xenon Pharmaceuticals (XENE), the current Quick Ratio is 27.79 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.
Xenon Pharmaceuticals Inc is a neuroscience-focused biopharmaceutical company committed to improving the lives of people living with neurological and psychiatric disorders. It is advancing a novel product pipeline to address areas of high unmet medical need, including epilepsy and depression. The product candidates of the group include XEN1101, NBI-921352, and XEN496 for Epilepsy and Nav1.7 oral inhibitors for Pain.
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