Praxis Precision Medicines, Inc. PRAX Quick ratio
Quick ratio at other companies
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Where this comes from
Calculated from Praxis Precision Medicines, Inc.’s reported figures.
Based on the most recent quarter.
The official record: Praxis Precision Medicines, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Praxis Precision Medicines, Inc.'s quick ratio?
- Praxis Precision Medicines, Inc. (PRAX) reported quick ratio of 15.9× in Q1 2026.
- How has Praxis Precision Medicines, Inc.'s quick ratio changed year-over-year?
- Praxis Precision Medicines, Inc.'s quick ratio increased by 88.1% year-over-year, from 8.4× to 15.9×.
- What is the long-term trend for Praxis Precision Medicines, Inc.'s quick ratio?
- Over 5 years (2020 to 2025), Praxis Precision Medicines, Inc.'s quick ratio has grown at a -11.9% compound annual growth rate (CAGR), from 19.2× to 10.2×.
- What does quick ratio mean?
- Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.