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Biogen Inc. (BIIB) Quick Ratio (Acid-Test): 2.03

Is Biogen Inc.’s quick ratio (acid-test) high or low?

Biogen Inc.'s quick ratio (acid-test) of 2.03 is 24% above its 5-year average of 1.64, around the middle of its 5-year range (0.90–2.58).

The quick ratio (acid-test) for Biogen Inc. (BIIB) is 2.03 as of Wednesday, June 10, 2026. It is above its 12-month average by 38.57% (1.46).

BIIB Quick Ratio (Acid-Test) Chart

BIIB Quick Ratio (Acid-Test)
2.03+125.56% 1Y
Zoom

BIIB Average Quick Ratio (Acid-Test) Chart

BIIB Current vs Average Quick Ratio (Acid-Test) Chart

BIIB Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

2.03

QUICK RATIO (ACID-TEST) AVG TTM

1.46

QUICK RATIO (ACID-TEST) AVG 3Y

1.69

QUICK RATIO (ACID-TEST) AVG 5Y

1.64

QUICK RATIO (ACID-TEST) AVG 10Y

1.82

QUICK RATIO (ACID-TEST) AVG 15Y

1.87

QUICK RATIO (ACID-TEST) AVG 20Y

1.97

CURRENT VS TTM AVG

+38.57%

CURRENT VS 3Y AVG

+19.94%

CURRENT VS 5Y AVG

+23.91%

CURRENT VS 10Y AVG

+11.59%

CURRENT VS 15Y AVG

+8.56%

CURRENT VS 20Y AVG

+2.87%

BIIB Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Biogen Inc. (BIIB)$29.00B2.031.461.691.64
DexCom, Inc. (DXCM)$29.24B1.591.441.802.83
IQVIA Holdings Inc. (IQV)$30.60B0.750.790.830.90
Medline Inc. (MDLN)$30.90B2.371.972.092.09
Veeva Systems Inc. (VEEV)$26.73B4.894.704.394.08
Centene Corporation (CNC)$31.94B1.681.401.241.19
Waters Corporation (WAT)$23.83B1.271.391.501.54
Zoetis Inc. (ZTS)$34.20B1.941.511.661.96
Mettler-Toledo International Inc. (MTD)$22.85B0.810.770.770.79
BioNTech SE (BNTX)$21.81B7.497.427.846.36

Liquidity Comparison

Quick Ratio

2.03

Excludes inventory

Current Ratio

2.68

Includes inventory

Biogen Inc. Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Biogen Inc. Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Biogen Inc. (BIIB)?
The quick ratio (acid-test) for BIIB stock is 2.03.
Is Biogen Inc.'s quick ratio (acid-test) high or low?
Biogen Inc.'s quick ratio (acid-test) of 2.03 is 24% above its 5-year average of 1.64, around the middle of its 5-year range (0.90–2.58).
What is the TTM average quick ratio (acid-test) for Biogen Inc. (BIIB)?
The TTM average quick ratio (acid-test) for BIIB stock is 1.46.
What is the 3Y average quick ratio (acid-test) for Biogen Inc. (BIIB)?
The 3Y average quick ratio (acid-test) for BIIB stock is 1.69.
What is the 5Y average quick ratio (acid-test) for Biogen Inc. (BIIB)?
The 5Y average quick ratio (acid-test) for BIIB stock is 1.64.
What is the 10Y average quick ratio (acid-test) for Biogen Inc. (BIIB)?
The 10Y average quick ratio (acid-test) for BIIB stock is 1.82.
What is the 15Y average quick ratio (acid-test) for Biogen Inc. (BIIB)?
The 15Y average quick ratio (acid-test) for BIIB stock is 1.87.
What is the 20Y average quick ratio (acid-test) for Biogen Inc. (BIIB)?
The 20Y average quick ratio (acid-test) for BIIB stock is 1.97.

Biogen Inc. Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2025-12-312.03
2024-12-310.90
2023-12-311.26
2022-12-312.58
2021-12-311.51
2020-12-311.55
2019-12-311.56
2018-12-312.04
2017-12-312.07
2016-12-312.26
2015-12-312.25
2014-12-311.74
2013-12-311.44
2012-12-311.69
2011-12-312.90
2010-12-312.14
2009-12-313.06
2008-12-312.38
2007-12-310.97
2006-12-312.65
2005-12-312.46
2004-12-311.33
2003-12-313.32
2002-12-3121.03
2001-12-313.57
2000-12-314.02
1999-12-314.52
1998-12-315.11
1997-12-314.51
1996-12-314.41

About Biogen Inc.

Biogen Inc. is a leading biotechnology firm dedicated to the discovery, development, production, and distribution of treatments for complex neurological and neurodegenerative conditions. Its established portfolio includes a range of medications addressing multiple sclerosis (MS), such as TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA. For spinal muscular atrophy (SMA), Biogen provides SPINRAZA, while FUMADERM is available for the treatment of plaque psoriasis. Among its other key offerings is ADUHELM, specifically developed for Alzheimer's disease. The company also markets a selection of biosimilar drugs, including BENEPALI (an etanercept biosimilar akin to ENBREL), IMRALDI (an adalimumab biosimilar comparable to HUMIRA), and FLIXABI (an infliximab biosimilar referencing REMICADE). Further extending its therapeutic reach, Biogen supplies RITUXAN, prescribed for conditions like non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, certain types of ANCA-associated vasculitis, and pemphigus vulgaris. RITUXAN HYCELA targets non-Hodgkin's lymphoma and CLL, and GAZYVA is utilized for CLL and follicular lymphoma. OCREVUS addresses both relapsing and primary progressive forms of MS, complementing the company's broader efforts in anti-CD20 therapies. The company maintains a robust research and development pipeline, featuring numerous investigational therapies. These candidates are designed to tackle a wide spectrum of conditions, including multiple sclerosis and neuroimmunological disorders (e.g., BIIB135, BIIB061, BIIB091, BIIB107), Alzheimer's disease and other forms of dementia (e.g., Aducanumab, Lecanemab, BIIB076, BIIB080), neuromuscular disorders (e.g., BIIB067, BIIB078, BIIB105, BIIB100, BIIB110), Parkinson's disease and related movement disorders (e.g., BIIB124, BIIB094, BIIB118, BIIB101, BIIB122), neuropsychiatric conditions (e.g., BIIB125, BIIB104), immunology-related illnesses (e.g., Dapirolizumab pegol, BIIB059), acute neurological events (e.g., BIIB093, BIIB131), and neuropathic pain (e.g., BIIB074). Additionally, several biosimilar candidates, such as BYOOVIZ, BIIB800, and SB15, are progressing through various developmental stages. Biogen actively engages in strategic collaborations and licensing arrangements with various partners, including Acorda Therapeutics, Inc., Alkermes Pharma Ireland Limited, Denali Therapeutics Inc., Eisai Co., Ltd., Genentech, Inc., Neurimmune SubOne AG, Ionis Pharmaceuticals, Inc., Samsung Bioepis Co., Ltd., Sangamo Therapeutics, Inc., and Sage Therapeutics, Inc. Established in 1978, Biogen Inc. maintains its corporate headquarters in Cambridge, Massachusetts.

Cambridge, MA
7,605 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Christopher A. Viehbacher