Praxis Precision Medicines Inc Quick Ratio (PRAX) starting from the second quarter 2026 to second quarter 2025, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Praxis Precision Medicines Inc   (NASDAQ: PRAX)

Praxis Precision Medicines Inc 's Quick Ratio

PRAX's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Praxis Precision Medicines Inc 's Cash & cash equivalent grew by 113.99 % in the Q2 2026 sequentially, faster than Current Liabilities, this led to improvement in Praxis Precision Medicines Inc 's Quick Ratio to 34.32 a new company high.

Within Major Pharmaceutical Preparations industry 11 other companies have achieved higher Quick Ratio than Praxis Precision Medicines Inc in second quarter 2026. While Quick Ratio total ranking has improved so far during the Q2 2026 to 98, from total ranking in the first quarter 2026 at 196.

Explain Quick Ratio?
How much Cash & cash equivalents PRAX´s has?
What are PRAX´s Current Liabilities?



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PRAX Quick Ratio (Jun 30 2026)
Q2		 (Mar 31 2026)
Q1		 (Dec 31 2025)
Q4		 (Sep 30 2025)
Q3		 (Jun 30 2025)
Q2
Y / Y Current Liabilities Change 2.52 % 26.91 % 64.4 % 59.6 % 132.07 %
Y / Y Cash & cash equivalent Change 458.89 % 139.9 % 27.63 % -25.17 % -14.38 %
Quick Ratio MRQ 34.32 16.12 10.05 5.09 6.3
PRAX's Total Ranking # 98 # 196 # 204 # 446 # 409
Seq. Current Liabilities Change 0.52 % -18.19 % 13.75 % 9.6 % 24.44 %
Seq. Cash & cash equivalent Change 113.99 % 31.29 % 124.34 % -11.32 % -8.15 %



Quick Ratio second 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 $ 49 Millions Visit PRAX's Balance sheet
Praxis Precision Medicines Inc 's Cash & cash equivalent $ 1,684 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

 (Jun 30 2026)
12 Months		 (Mar 31 2026)
12 Months		 (Dec 31 2025)
12 Months		 (Sep 30 2025)
12 Months		 (Jun 30 2025)
12 Months
Y / Y Current Liabilities TTM Growth 35.06 % 62.81 % 82.76 % 98.86 % 116.05 %
Y / Y Cash & cash equivalent TTM Growth 129.22 % 29.75 % 7.93 % 36.92 % 96.29 %
Quick Ratio TTM 15.89 9.36 7.54 7.8 9.36
Total Ranking TTM # 3080 # 3316 # 2039 # 2843 # 2630
Seq. Current Liabilities TTM Growth 0.58 % 5.22 % 13.35 % 12.6 % 21.24 %
Seq. Cash & cash equivalent TTM Growth 70.73 % 30.68 % 9.5 % -6.17 % -3.36 %

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 458.89 % in Q2 2026 year on year, faster than Current Liabilities, this led to increase in in Praxis Precision Medicines Inc 's Quick Ratio to 15.89, 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 first quarter 2026 at 3316.

Explain Quick Ratio?
How much Cash & cash equivalents PRAX´s has?
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 Jun 30 2026, within Major Pharmaceutical Preparations Industry Quick RatioJun 30 2026 MRQ Cash & cash equivalentJun 30 2026 MRQ Current Liabilities
Arca Biopharma Inc  87.05 $ 2,225.581  Millions$ 25.566  Millions
Tango Therapeutics Inc   82.19 $ 1,668.432  Millions$ 20.299  Millions
Contineum Therapeutics Inc   70.25 $ 458.440  Millions$ 6.526  Millions
Sagimet Biosciences inc   61.23 $ 331.832  Millions$ 5.419  Millions
Avalyn Pharma Inc   49.93 $ 539.733  Millions$ 10.809  Millions
Pasithea Therapeutics Corp   49.76 $ 91.464  Millions$ 1.838  Millions
Disc Medicine Inc   44.03 $ 1,336.770  Millions$ 30.360  Millions
Trevi Therapeutics Inc   36.50 $ 318.870  Millions$ 8.736  Millions
Design Therapeutics Inc   35.76 $ 401.889  Millions$ 11.240  Millions
Mineralys Therapeutics Inc   34.87 $ 673.704  Millions$ 19.319  Millions
Praxis Precision Medicines Inc   34.32 $ 1,683.790  Millions$ 49.058  Millions
Agios Pharmaceuticals Inc   33.94 $ 2,383.112  Millions$ 70.217  Millions
Mbx Biosciences Inc   33.10 $ 783.099  Millions$ 23.660  Millions
Xbiotech Inc   32.67 $ 109.528  Millions$ 3.353  Millions
Avalo Therapeutics Inc   31.89 $ 787.143  Millions$ 24.682  Millions
Fulcrum Therapeutics Inc   30.96 $ 318.840  Millions$ 10.298  Millions
Climb Bio Inc   30.86 $ 183.123  Millions$ 5.934  Millions
Indaptus Therapeutics Inc   29.61 $ 15.554  Millions$ 0.525  Millions
Crinetics Pharmaceuticals Inc   29.41 $ 2,350.275  Millions$ 79.915  Millions
Spyre Therapeutics Inc   28.48 $ 1,100.000  Millions$ 38.620  Millions
Curanex Pharmaceuticals Inc  28.17 $ 2.938  Millions$ 0.104  Millions
Onkure Therapeutics Inc   28.04 $ 186.284  Millions$ 6.643  Millions
Ligand Pharmaceuticals Incorporated  27.33 $ 1,277.438  Millions$ 46.736  Millions
Shattuck Labs Inc   26.94 $ 208.300  Millions$ 7.731  Millions
Cryoport inc   26.87 $ 785.860  Millions$ 29.244  Millions
Roivant Sciences Ltd   26.82 $ 7,607.076  Millions$ 283.603  Millions
Palvella Therapeutics Inc   26.23 $ 313.381  Millions$ 11.947  Millions
Upstream Bio Inc   26.16 $ 261.307  Millions$ 9.988  Millions
Rallybio Corporation  26.02 $ 92.800  Millions$ 3.567  Millions
Assembly Biosciences Inc   25.95 $ 608.475  Millions$ 23.445  Millions

Date modified: 2026-09-05T15:26:29+00:00



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