Ionis Pharmaceuticals (IONS) Quick Ratio: History & Chart

Ionis Pharmaceuticals, Inc.(IONS)

Biotechnology · Carlsbad, CA

$44.00+0.50 (+1.15%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About Ionis Pharmaceuticals, Inc.

Founded in 1989 and headquartered in Carlsbad, California, Ionis Pharmaceuticals, Inc. is a biopharmaceutical company specializing in the discovery and development of RNA-targeted therapies within the United States. Its commercial portfolio includes three key medications: SPINRAZA, prescribed for spinal muscular atrophy (SMA) in both children and adults; TEGSEDI, an injectable treatment targeting polyneuropathy associated with hereditary transthyretin-mediated amyloidosis in adult patients; and WAYLIVRA, which addresses familial chylomicronemia syndrome and familial partial lipodystrophy. Ionis also maintains a robust pipeline, with several drug candidates currently in Phase 3 clinical trials. These include Eplontersen, a monthly self-administered subcutaneous injection designed for all forms of TTR amyloidosis; Olezarsen, intended for individuals with severe hypertriglyceridemia (SHTG); Donidalorsen, for patients suffering from hereditary angioedema; ION363, aimed at amyotrophic lateral sclerosis (ALS); Pelacarsen, developed for those with established cardiovascular disease and elevated lipoprotein(a); and Tofersen, which works by inhibiting the production of superoxide dismutase 1. Beyond these late-stage assets, the company is actively researching treatments for metabolic, infectious, renal, and ophthalmic diseases, as well as various types of cancer. The firm engages in significant collaborations, notably a strategic partnership with Biogen Inc. Additionally, it holds licensing and collaboration agreements with AstraZeneca, Bayer AG, GlaxoSmithKline plc, Novartis AG, Roche, Janssen Biotech, Inc., and Flamingo Therapeutics, Inc.

Carlsbad, CA

1,480 employees

www.ionis.com

Healthcare / Biotechnology

Sector: Healthcare
Industry: Biotechnology
CEO: Brett Monia

View full financials

IONS Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

7.72

QUICK RATIO (ACID-TEST) AVG TTM

4.25

QUICK RATIO (ACID-TEST) AVG 3Y

6.47

QUICK RATIO (ACID-TEST) AVG 5Y

7.19

QUICK RATIO (ACID-TEST) AVG 10Y

7.36

QUICK RATIO (ACID-TEST) AVG 15Y

7.06

QUICK RATIO (ACID-TEST) AVG 20Y

6.61

CURRENT VS TTM AVG

+81.58%

CURRENT VS 3Y AVG

+19.33%

CURRENT VS 5Y AVG

+7.37%

CURRENT VS 10Y AVG

+4.99%

CURRENT VS 15Y AVG

+9.39%

CURRENT VS 20Y AVG

+16.77%

SECTOR MEDIAN · HEALTHCARE

3.35

median of 871 covered companies

CURRENT VS SECTOR MEDIAN

+130.53%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
Ionis Pharmaceuticals, Inc. (IONS)	$7.31B	7.72	4.25	6.47	7.19
Hinge Health, Inc. (HNGE)vs ›	$7.61B	1.30	1.86	2.18	2.18
HealthEquity, Inc. (HQY)vs ›	$7.61B	2.99	3.17	3.50	3.09
Cytokinetics, Incorporated (CYTK)vs ›	$7.63B	6.66	5.35	6.55	8.14
Alkermes plc (ALKS)vs ›	$6.99B	1.85	2.92	2.56	2.40
Caris Life Sciences, Inc. (CAI)vs ›	$7.76B	4.88	4.46	3.60	3.01
Praxis Precision Medicines, Inc. (PRAX)vs ›	$7.81B	15.73	10.50	7.40	9.39
Chemed Corporation (CHE)vs ›	$6.66B	0.89	1.19	1.21	1.11
TG Therapeutics, Inc. (TGTX)vs ›	$7.99B	3.72	4.16	4.17	4.79
Immunovant, Inc. (IMVT)vs ›	$6.63B	7.27	10.13	10.82	12.77

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

Ionis Pharmaceuticals, Inc. (IONS)

$7.31B

7.72

4.25

6.47

7.19

Hinge Health, Inc. (HNGE)vs ›

$7.61B

1.30

1.86

2.18

HealthEquity, Inc. (HQY)vs ›

$7.61B

2.99

3.17

3.50

3.09

Cytokinetics, Incorporated (CYTK)vs ›

$7.63B

6.66

5.35

6.55

8.14

Alkermes plc (ALKS)vs ›

$6.99B

1.85

2.92

2.56

2.40

Caris Life Sciences, Inc. (CAI)vs ›

$7.76B

4.88

4.46

3.60

3.01

Praxis Precision Medicines, Inc. (PRAX)vs ›

$7.81B

15.73

10.50

7.40

9.39

Chemed Corporation (CHE)vs ›

$6.66B

0.89

1.19

1.21

1.11

TG Therapeutics, Inc. (TGTX)vs ›

$7.99B

3.72

4.16

4.17

4.79

Immunovant, Inc. (IMVT)vs ›

$6.63B

7.27

10.13

10.82

12.77

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Ionis Pharmaceuticals, Inc. (IONS)?

The quick ratio (acid-test) for IONS stock is 7.72.

Is Ionis Pharmaceuticals, Inc.'s quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 7.72 is in line with its 5-year average of 7.19, near the high end of its 5-year range (2.78–9.76).

What is the TTM average quick ratio (acid-test) for Ionis Pharmaceuticals, Inc. (IONS)?

The TTM average quick ratio (acid-test) for IONS stock is 4.25.

What is the 3Y average quick ratio (acid-test) for Ionis Pharmaceuticals, Inc. (IONS)?

The 3Y average quick ratio (acid-test) for IONS stock is 6.47.

What is the 5Y average quick ratio (acid-test) for Ionis Pharmaceuticals, Inc. (IONS)?

The 5Y average quick ratio (acid-test) for IONS stock is 7.19.

What is the 10Y average quick ratio (acid-test) for Ionis Pharmaceuticals, Inc. (IONS)?

The 10Y average quick ratio (acid-test) for IONS stock is 7.36.

What is the 15Y average quick ratio (acid-test) for Ionis Pharmaceuticals, Inc. (IONS)?

The 15Y average quick ratio (acid-test) for IONS stock is 7.06.

What is the 20Y average quick ratio (acid-test) for Ionis Pharmaceuticals, Inc. (IONS)?

The 20Y average quick ratio (acid-test) for IONS stock is 6.61.

DATE	QUICK RATIO (ACID-TEST)
2026-06-30	7.72
2026-03-31	4.09
2025-12-31	3.81
2025-09-30	2.78
2025-06-30	2.86
2025-03-31	9.62
2024-12-31	8.43
2024-09-30	8.82
2024-06-30	7.51
2024-03-31	7.28
2023-12-31	5.88
2023-09-30	6.33
2023-06-30	9.00
2023-03-31	9.72
2022-12-31	7.00
2022-09-30	7.52
2022-06-30	8.11
2022-03-31	9.76
2021-12-31	9.65
2021-09-30	7.62
2021-06-30	7.54
2021-03-31	6.67
2020-12-31	3.52
2020-09-30	10.28
2020-06-30	10.84
2020-03-31	9.83
2019-12-31	9.90
2019-09-30	10.31
2019-06-30	9.93
2019-03-31	9.36
2018-12-31	7.85
2018-09-30	7.96
2018-06-30	8.34
2018-03-31	5.33
2017-12-31	4.76
2017-09-30	6.21
2017-06-30	5.00
2017-03-31	5.60
2016-12-31	5.91
2016-09-30	6.75
2016-06-30	6.21
2016-03-31	6.08
2015-12-31	5.58
2015-09-30	7.05
2015-06-30	8.31
2015-03-31	8.26
2014-12-31	7.20
2014-09-30	6.28
2014-06-30	6.92
2014-03-31	7.09
2013-12-31	7.44
2013-09-30	7.32
2013-06-30	7.60
2013-03-31	6.06
2012-12-31	5.61
2012-09-30	6.88
2012-06-30	6.23
2012-03-31	5.55
2011-12-31	4.68
2011-09-30	4.48
2011-06-30	4.44
2011-03-31	4.61
2010-12-31	4.54
2010-09-30	5.01
2010-06-30	5.08
2010-03-31	5.73
2009-12-31	5.32
2009-09-30	5.37
2009-06-30	5.04
2009-03-31	4.84
2008-12-31	4.14
2008-09-30	4.45
2008-06-30	4.33
2008-03-31	4.35
2007-12-31	3.29
2007-09-30	5.32
2007-06-30	8.31
2007-03-31	2.89
2006-12-31	8.17
2006-09-30	7.01
2006-06-30	7.27
2006-03-31	4.32
2005-12-31	4.41
2005-09-30	4.74
2005-06-30	2.74
2005-03-31	2.61
2004-12-31	2.83
2004-09-30	3.25
2004-06-30	3.95
2004-03-31	4.90
2003-12-31	4.95
2003-09-30	4.12
2003-06-30	4.81
2003-03-31	4.17
2002-12-31	4.07
2002-09-30	5.21

DATE

QUICK RATIO (ACID-TEST)

2026-06-30

7.72

2026-03-31

4.09

2025-12-31

3.81

2025-09-30

2.78

2025-06-30

2.86

2025-03-31

9.62

2024-12-31

8.43

2024-09-30

8.82

2024-06-30

7.51

2024-03-31

7.28

2023-12-31

5.88

2023-09-30

6.33

2023-06-30

9.00

2023-03-31

9.72

2022-12-31

7.00

2022-09-30

7.52

2022-06-30

8.11

2022-03-31

9.76

2021-12-31

9.65

2021-09-30

7.62

2021-06-30

7.54

2021-03-31

6.67

2020-12-31

3.52

2020-09-30

10.28

2020-06-30

10.84

2020-03-31

9.83

2019-12-31

9.90

2019-09-30

10.31

2019-06-30

9.93

2019-03-31

9.36

2018-12-31

7.85

2018-09-30

7.96

2018-06-30

8.34

2018-03-31

5.33

2017-12-31

4.76

2017-09-30

6.21

2017-06-30

5.00

2017-03-31

5.60

2016-12-31

5.91

2016-09-30

6.75

2016-06-30

6.21

2016-03-31

6.08

2015-12-31

5.58

2015-09-30

7.05

2015-06-30

8.31

2015-03-31

8.26

2014-12-31

7.20

2014-09-30

6.28

2014-06-30

6.92

2014-03-31

7.09

2013-12-31

7.44

2013-09-30

7.32

2013-06-30

7.60

2013-03-31

6.06

2012-12-31

5.61

2012-09-30

6.88

2012-06-30

6.23

2012-03-31

5.55

2011-12-31

4.68

2011-09-30

4.48

2011-06-30

4.44

2011-03-31

4.61

2010-12-31

4.54

2010-09-30

5.01

2010-06-30

5.08

2010-03-31

5.73

2009-12-31

5.32

2009-09-30

5.37

2009-06-30

5.04

2009-03-31

4.84

2008-12-31

4.14

2008-09-30

4.45

2008-06-30

4.33

2008-03-31

4.35

2007-12-31

3.29

2007-09-30

5.32

2007-06-30

8.31

2007-03-31

2.89

2006-12-31

8.17

2006-09-30

7.01

2006-06-30

7.27

2006-03-31

4.32

2005-12-31

4.41

2005-09-30

4.74

2005-06-30

2.74

2005-03-31

2.61

2004-12-31

2.83

2004-09-30

3.25

2004-06-30

3.95

2004-03-31

4.90

2003-12-31

4.95

2003-09-30

4.12

2003-06-30

4.81

2003-03-31

4.17

2002-12-31

4.07

2002-09-30

5.21

Quick Ratio (Acid-Test): 7.72

IONS Quick Ratio

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