In the wake of the increase in Current Liabilities in the third quarter 2026, Quick Ratio fell to 14.2 above Praxis Precision Medicines Inc average.

Within Major Pharmaceutical Preparations industry 11 other companies have achieved higher Quick Ratio than Praxis Precision Medicines Inc in third quarter 2026. While Quick Ratio total ranking has improved so far during the Q3 2026 to 98, from total ranking in the second quarter 2026 at 196.

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PRAX Quick Ratio	(Sep 30 2026) Q3	(Jun 30 2026) Q2	(Mar 31 2026) Q1	(Dec 31 2025) Q4	(Sep 30 2025) Q3
Y / Y Current Liabilities Change	0.1 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent Change	178.98 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio MRQ	14.2	Subscribe	Subscribe	Subscribe	Subscribe
PRAX's Total Ranking	# 98	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities Change	7.01 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent Change	-55.74 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick Ratio third quarter 2026 Company Ranking
Within:	No.
Major Pharmaceutical Preparations Industry	# 12
Healthcare Sector	# 17
Overall Market	# 98

Quick Ratio Statistics
High	Average	Low
34.32	10.74	2.87
(Jun 30 2026)		(Mar 31 2023)

Financial Statements
Praxis Precision Medicines Inc 's Current Liabilities	$ 52 Millions	Visit PRAX's Balance sheet
Praxis Precision Medicines Inc 's Cash & cash equivalent	$ 745 Millions	Visit PRAX's Balance sheet
Source of PRAX's Sales		Visit PRAX's Sales by Geography

Cumulative Praxis Precision Medicines Inc 's Quick Ratio

PRAX's Quick Ratio for the trailling 12 Months

PRAX Quick Ratio	(Sep 30 2026) 12 Months	(Jun 30 2026) 12 Months	(Mar 31 2026) 12 Months	(Dec 31 2025) 12 Months	(Sep 30 2025) 12 Months
Y / Y Current Liabilities TTM Growth	19.98 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent TTM Growth	195.99 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio TTM	18.17	Subscribe	Subscribe	Subscribe	Subscribe
Total Ranking TTM	# 3080	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities TTM Growth	0.02 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent TTM Growth	14.33 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick ratio ranking by company, industry and sector >> Back to PRAX Financial Strength Comparisons >> Go to Compare PRAX Quick Ratio to its Competitors

On the trailing twelve months basis PRAX Cash & cash equivalent more than doubled by 178.98 % in Q3 2026 year on year, faster than Current Liabilities, this led to increase in in Praxis Precision Medicines Inc 's Quick Ratio to 18.17, above PRAX average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Major Pharmaceutical Preparations industry 412 other companies have achieved higher Quick Ratio than Praxis Precision Medicines Inc . While Quick Ratio overall ranking has improved so far to 3080, from total ranking during the twelve months ending second quarter 2026 at 3316.

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What are PRAX�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Major Pharmaceutical Preparations Industry	# 413
Healthcare Sector	# 821
Within the Market	# 3080

trailing twelve months Quick Ratio Statistics
High	Average	Low
18.36	9.03	3.61
(Jun 30 2021)		(Mar 31 2023)

Companies with similar Quick Ratio in the quarter ending Sep 30 2026, within Major Pharmaceutical Preparations Industry	Quick Ratio	Sep 30 2026 MRQ Cash & cash equivalent	Sep 30 2026 MRQ Current Liabilities
Tango Therapeutics Inc	38.85	$ 977.503 Millions	$ 25.164 Millions
Trevi Therapeutics Inc	38.05	$ 299.408 Millions	$ 7.869 Millions
Boundless Bio Inc	33.60	$ 62.894 Millions	$ 1.872 Millions
Minerva Neurosciences Inc	30.46	$ 76.945 Millions	$ 2.526 Millions
Contineum Therapeutics Inc	30.45	$ 244.484 Millions	$ 8.028 Millions
Latigo Biotherapeutics, Inc.	28.73	$ 401.241 Millions	$ 13.964 Millions
Amylyx Pharmaceuticals Inc	26.44	$ 768.132 Millions	$ 29.048 Millions
Climb Bio Inc	25.98	$ 205.423 Millions	$ 7.906 Millions
Prothena Corporation Public Limited Company	23.73	$ 271.368 Millions	$ 11.434 Millions
Innoviva Inc	22.67	$ 1,134.297 Millions	$ 50.030 Millions
Kailera Therapeutics Inc	21.40	$ 901.454 Millions	$ 42.116 Millions
Cryoport inc	20.47	$ 653.343 Millions	$ 31.911 Millions
Roivant Sciences Ltd	20.30	$ 5,683.045 Millions	$ 279.911 Millions
Disc Medicine Inc	19.87	$ 682.816 Millions	$ 34.360 Millions
Mbx Biosciences Inc	19.14	$ 481.594 Millions	$ 25.167 Millions
Telomir Pharmaceuticals Inc	19.07	$ 4.516 Millions	$ 0.237 Millions
Onkure Therapeutics Inc	18.58	$ 163.305 Millions	$ 8.789 Millions
Alto Neuroscience Inc	17.90	$ 319.344 Millions	$ 17.836 Millions
Upstream Bio Inc	17.34	$ 207.365 Millions	$ 11.960 Millions
Siga Technologies Inc	17.27	$ 116.380 Millions	$ 6.738 Millions
Arrivent Biopharma inc	16.86	$ 393.691 Millions	$ 23.357 Millions
Keros Therapeutics Inc	16.36	$ 259.464 Millions	$ 15.858 Millions
Design Therapeutics Inc	16.36	$ 208.608 Millions	$ 12.753 Millions
Whitehawk Therapeutics Inc	16.25	$ 169.672 Millions	$ 10.441 Millions
Palvella Therapeutics Inc	15.85	$ 236.680 Millions	$ 14.928 Millions
Avalo Therapeutics Inc	15.63	$ 392.966 Millions	$ 25.135 Millions
Bioage Labs Inc	14.91	$ 283.637 Millions	$ 19.027 Millions
Damora Therapeutics Inc	14.72	$ 528.478 Millions	$ 35.892 Millions
Protagonist Therapeutics inc	14.42	$ 800.064 Millions	$ 55.464 Millions
Praxis Precision Medicines Inc	14.20	$ 745.323 Millions	$ 52.498 Millions

Date modified: 2026-11-10T05:32:21+00:00

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