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5.7Quick Ratio
VS
Market
87
Sector
71
Industry
58
History
85
$ 2.74Close
$ 1.97 - $ 5.81 52-Week Range
Ticker Information

Ticker

CDXS

Company Name

CODEXIS INC

Sector

Healthcare

Industry

Biotechnology

Exchange

NASDAQ

CODEXIS INC - Quick Ratio Chart Analysis (TTM)

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CDXS - Quick Ratio Historical data
DateCurrent AssetsInventoryCurrent LiabilitiesQuick Ratio
6/30/2025$ 88.73M$ 1.95M$ 15.24M5.7
3/31/2025$ 77.81M$ 1.78M$ 20.9M3.64
12/31/2024$ 98.77M$ 1.8M$ 23.65M4.1
9/30/2024$ 112.9M$ 2.1M$ 35.13M3.15
6/30/2024$ 91.4M$ 2.23M$ 30.54M2.92
3/31/2024$ 107.95M$ 2.44M$ 29.08M3.63
12/31/2023$ 93.47M$ 2.69M$ 35.83M2.53
9/30/2023$ 103.01M$ 2.31M$ 38.41M2.62
6/30/2023$ 120.04M$ 2.05M$ 35.74M3.3
3/31/2023$ 129.95M$ 2M$ 38.31M3.34
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Key Performance Insights, Last 5 Years

  • CODEXIS INC's latest trailing twelve months (TTM) Quick Ratio stands at 4.99.
  • Over the past 5 years, CODEXIS INC's average Quick Ratio has been 4.47.
  • The median Quick Ratio for CODEXIS INC during this period was 4.31
  • CODEXIS INC reached its highest Quick Ratio over the past 5 years at 7.65.
  • The lowest Quick Ratio recorded by CODEXIS INC in the same timeframe 2.53

CODEXIS 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
SCPH : SCPHARMACEUTICALS INC 3.14LXRX : LEXICON PHARMACEUTICALS INC 4.16ENTA : ENANTA PHARMACEUTICALS INC 5ADCT : ADC THERAPEUTICS SA 4.66THTX : THERATECHNOLOGIES INC 0.65FENC : FENNEC PHARMACEUTICALS INC 4.59TRDA : ENTRADA THERAPEUTICS INC 18.64XOMA : XOMA ROYALTY CORP 4.88EDIT : EDITAS MEDICINE INC 2.77CSBR : CHAMPIONS ONCOLOGY INC 0.93

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 CODEXIS INC is calculated as follows: (AssetsC [ $ 102.93M ] - Inventory [ $ 737K ]) / LiabilitesC [ $ 20.5M ]
(=) Quick Ratio [ 4.99 ]

CDXS - Quick Ratio, Last 5 years

2.53

Minimum

Dec 31, 2023

7.65

Maximum

Mar 31, 2021

4.47

Average

4.31

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
median1.22
std1.17