Coinbase Global (XSWX:COIN) Quick Ratio: 2.14 (As of Mar. 2026) — 46% Above Median


XSWX:COIN Coinbase Global Inc XSWX:COIN
60 GF Score
Price CHF120.05
GF Value CHF194.26
Valuation Possible Value Trap
! 9 Warning Signs
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What is Coinbase Global Quick Ratio?

Coinbase Global XSWX:COIN -7.65% 60 Quick Ratio is 2.14 as of Mar. 2026, which is 46% above its 10-year median of 1.47. GuruFocus rates XSWX:COIN with a GF Score™ of 60/100 and a GF Value™ of CHF194.26 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 690 Capital Markets companies, Coinbase Global ranks better than 50.72% 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. Coinbase Global's quick ratio for the quarter that ended in Mar. 2026 was 2.14.

Coinbase Global has a quick ratio of 2.14. It generally indicates good short-term financial strength.

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

XSWX:COIN' s Quick Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.47   Max: 2.52
Current: 2.14

During the past 7 years, Coinbase Global's highest Quick Ratio was 2.52. The lowest was 1.02. And the median was 1.47.

XSWX:COIN's Quick Ratio is ranked better than
50.72% of 690 companies
in the Capital Markets industry
Industry Median: 2.1 vs XSWX:COIN: 2.14

Coinbase Global  (XSWX:COIN) 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.


Coinbase Global Quick Ratio Related Terms


Coinbase Global Quick Ratio Historical Data

* Premium members only.

The historical data trend for Coinbase Global'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.

Coinbase Global Quick Ratio Chart

Coinbase Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.61 1.07 2.07 2.28 2.34

Coinbase Global 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 2.52 2.13 2.40 2.34 2.14

XSWX:COIN vs MSCI, NDAQ, CBOE: Quick Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Coinbase Global'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.


Coinbase Global Quick Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coinbase Global's Quick Ratio distribution charts can be found below:

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


XSWX:COIN
60GF Score
Coinbase Global Inc XSWX:COIN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Coinbase Global 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.

Coinbase Global'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
=(16247.552-0)/6934.052
=2.34

Coinbase Global'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
=(15493.914-0)/7235.988
=2.14

* 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 2.14 mean?
Coinbase Global (XSWX:COIN) has a Quick Ratio of 2.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Coinbase Global and its competitors. This is 46% above median its historical median of 1.47. Over the past decade, Coinbase Global's Quick Ratio has ranged from 1.02 to 2.52. According to the industry distribution chart, Coinbase Global ranks #340 out of 690 companies in the Capital Markets industry, placing it in the top 49.3%.
Is Coinbase Global's Quick Ratio too high?
Coinbase Global's current Quick Ratio of 2.14 is 46% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.52. The Capital Markets industry median Quick Ratio is 2.10. Coinbase Global's value of 2.14 is 1.9% above this industry median. Based on the distribution chart, Coinbase Global ranks #340 out of 690 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Coinbase Global has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Coinbase Global's Quick Ratio compare to MSCI and NDAQ?
According to the Capital Markets industry distribution chart, Coinbase Global ranks #340 out of 690 companies for Quick Ratio. This puts Coinbase Global in the upper half of its industry. The industry median Quick Ratio is 2.10. Coinbase Global's value of 2.14 is 1.9% above this benchmark. Historically, Coinbase Global's own Quick Ratio has ranged from 1.02 to 2.52 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 2.10, Coinbase Global 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 Capital Markets company?
The median Quick Ratio among Capital Markets companies is 2.10, based on 690 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. Coinbase Global's current Quick Ratio of 2.14 is 1.9% 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 Coinbase Global and its competitors. For the Capital Markets industry, the median Quick Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coinbase Global's current Quick Ratio is 2.14, which is 46% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coinbase Global stock overvalued right now?
Based on GuruFocus' analysis, Coinbase Global (XSWX:COIN) is currently considered Possible Value Trap. The stock's GF Value™ is CHF194.26, compared to a current price of CHF120.05 — trading 38.2% below its estimated fair value. The current Quick Ratio is 2.14, which is 46% above median its 10-year median of 1.47 and 1.9% above the Capital Markets industry median of 2.10. Coinbase Global's overall GF Score™ is 60/100 with 9 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 Coinbase Global (XSWX:COIN), the current Quick Ratio is 2.14 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 Coinbase Global (XSWX:COIN) Overvalued in 2026?

Based on GuruFocus' analysis, Coinbase Global stock appears to be undervalued. The current stock price of CHF120.05 is trading 38.2% below its estimated GF Value™ of CHF194.26. GuruFocus considers Coinbase Global to be Possible Value Trap.

Key valuation signals for XSWX:COIN:

  • Quick Ratio: 2.14 (46% above median its 10-year median of 1.47)
  • GF Value™: CHF194.26 vs. price of CHF120.05 (38.2% below fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 1.9% above the Capital Markets median (#340 of 690)

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


Coinbase Global Business Description

Address One Madison Avenue, Suite 2400, New York, NY, USA, 10010
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
60GF Score

Get the complete analysis for XSWX:COIN

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

CHF120.05
Price
CHF194.26
GF Value