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Travere Therapeutics, Inc. TVTX Quick ratio

Quick ratio at other companies

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2.6×+0.3×
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2×-0.9×
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1.5×-3.1×
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6.2×+1.1×
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2.4×-1.5×
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8.6×-1.6×

Other financials

Income statement

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Revenue$127.2M+55.6%
Gross profit$125.2M+62.5%
Operating income-$36.9M+13.5%
Net income-$37.1M+10.0%
EPS (diluted)-$0.40+14.9%

Balance sheet

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Cash & equivalents$78.4M+26.6%
Total debt$15.6M-82.6%
Total equity$98.7M+201%
Total assets$555.2M+1.2%

Cash flow

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Operating cash flow-$40.4M+4.3%
CapEx$140.0K—
Free cash flow-$42.5M+28.1%

Valuation

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Market cap$5.13B+72.3%

Profitability

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Gross margin98.6%+2.6pp
Operating margin-10.6%-5.0pp
Net margin-20.3%-9.5pp
FCF margin-133.9%-34.4pp

Returns & leverage

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Return on equity-706%-1,302pp
Debt / equity0.2×-2.6×
Current ratio3.1×+1.1×

Where this comes from

Calculated from Travere Therapeutics, Inc.’s reported figures.

quick assets/total current liabilities=2.9×

Based on the most recent quarter.

The official record: Travere Therapeutics, Inc.’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Travere Therapeutics, Inc.'s quick ratio?
Travere Therapeutics, Inc. (TVTX) reported quick ratio of 2.9× in Q1 2026.
How has Travere Therapeutics, Inc.'s quick ratio changed year-over-year?
Travere Therapeutics, Inc.'s quick ratio increased by 54.8% year-over-year, from 1.9× to 2.9×.
What is the long-term trend for Travere Therapeutics, Inc.'s quick ratio?
Over 5 years (2020 to 2025), Travere Therapeutics, Inc.'s quick ratio has grown at a -10.1% compound annual growth rate (CAGR), from 4.3× to 2.5×.
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.