logo
Select company
Select metric
1.84Quick Ratio
VS
Market
61
Sector
35
Industry
21
History
63
$ 2.93Close
$ 1.33 - $ 4.01 52-Week Range
Ticker Information

Ticker

AKBA

Company Name

AKEBIA THERAPEUTICS INC

Sector

Healthcare

Industry

Biotechnology

Exchange

NASDAQ

AKEBIA THERAPEUTICS INC - Quick Ratio Chart Analysis (TTM)

From
Zoom
1Y
3Y
5Y
10Y

AKBA - Quick Ratio Historical data
DateCurrent AssetsInventoryCurrent LiabilitiesQuick Ratio
6/30/2025$ 234.66M$ 16.71M$ 118.72M1.84
3/31/2025$ 203.78M$ 19.73M$ 91.23M2.02
12/31/2024$ 113.83M$ 16.24M$ 80.91M1.21
9/30/2024$ 100.12M$ 20.49M$ 65.71M1.21
6/30/2024$ 112.1M$ 23.87M$ 107.3M0.82
3/31/2024$ 112.94M$ 25.53M$ 66.49M1.31
12/31/2023$ 118.15M$ 15.69M$ 99.87M1.03
9/30/2023$ 109.6M$ 18.44M$ 79.7M1.14
6/30/2023$ 118.45M$ 20.91M$ 92.18M1.06
3/31/2023$ 120.72M$ 20.6M$ 82.94M1.21
Previous (option currently disabled)
1 (current)
Next (option currently disabled)

Key Performance Insights, Last 5 Years

  • AKEBIA THERAPEUTICS INC's latest trailing twelve months (TTM) Quick Ratio stands at 1.67.
  • Over the past 5 years, AKEBIA THERAPEUTICS INC's average Quick Ratio has been 1.34.
  • The median Quick Ratio for AKEBIA THERAPEUTICS INC during this period was 1.21
  • AKEBIA THERAPEUTICS INC reached its highest Quick Ratio over the past 5 years at 2.02.
  • The lowest Quick Ratio recorded by AKEBIA THERAPEUTICS INC in the same timeframe 0.82

AKEBIA THERAPEUTICS INC's Quick Ratio vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

Quick Ratio Benchmarks
CompanyQuick Ratio
STOK : STOKE THERAPEUTICS INC 6.98DNA : GINKGO BIOWORKS HOLDINGS INC 5.41DAWN : DAY ONE BIOPHARMACEUTICALS INC 9.53GERN : GERON CORP 6.79IOVA : IOVANCE BIOTHERAPEUTICS INC 2.89MRVI : MARAVAI LIFESCIENCES HOLDINGS INC 4.49KROS : KEROS THERAPEUTICS INC 21.11CRMD : CORMEDIX INC 7.52NAGE : NIAGEN BIOSCIENCE INC 3.24ZYME : ZYMEWORKS INC 7.69

Definition of Quick Ratio

[Calculation] The quick ratio is a liquidity indicator that describes the company’s ability to pay short-term obligations without the need to sell its inventory or receive additional financing. Calculated by dividing current assets [AssetsC] minus [Inventory] by current liabilities [LiabilitiesC].
(AssetsC - Inventory) / LiabilitesC
(=) Quick Ratio
Quick Ratio for AKEBIA THERAPEUTICS INC is calculated as follows: (AssetsC [ $ 391M ] - Inventory [ $ 88.24M ]) / LiabilitesC [ $ 181.46M ]
(=) Quick Ratio [ 1.67 ]

AKBA - Quick Ratio, Last 5 years

0.82

Minimum

Jun 30, 2024

2.02

Maximum

Mar 31, 2025

1.34

Average

1.21

Median

Quick Ratio Benchmark Analysis

The chart above depicts the distribution of Quick Ratio for companies in the Total Stock Market. The average Quick Ratio of the companies is 1.55 with a standard deviation of 1.17.
The following table provides additional summary stats:
Quick Ratio in the Market:
filtered constituents3.12K
min-0.73
max5.45
average1.55
median1.23
std1.17