Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the current ratio high or low?
The current ratio of 1.87 is 14% below its 5-year average of 2.17, around the middle of its 5-year range (0.81–2.43).
As of the fiscal period ended Tuesday, June 30, 2026. 22.01% above its 12-month average of 1.54.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.87.
CURRENT RATIO
1.87
CURRENT RATIO AVG TTM
1.54
CURRENT RATIO AVG 3Y
1.66
CURRENT RATIO AVG 5Y
2.17
CURRENT RATIO AVG 10Y
2.23
CURRENT RATIO AVG 15Y
2.64
CURRENT RATIO AVG 20Y
3.17
CURRENT VS TTM AVG
+22.01%
CURRENT VS 3Y AVG
+13.21%
CURRENT VS 5Y AVG
-13.57%
CURRENT VS 10Y AVG
-16.06%
CURRENT VS 15Y AVG
-29.13%
CURRENT VS 20Y AVG
-40.84%
SECTOR MEDIAN · HEALTHCARE
3.52
median of 765 covered companies
CURRENT VS SECTOR MEDIAN
-46.76%
vs the sector median at left
Harvard Bioscience, Inc.
Market Cap
$39.08M
Current Ratio
1.87
TTM Avg
1.54
3Y Avg
1.66
5Y Avg
2.17
Market Cap
$38.05M
Current Ratio
48.81
TTM Avg
25.84
3Y Avg
15.89
5Y Avg
15.79
Market Cap
$40.28M
Current Ratio
4.50
TTM Avg
7.06
3Y Avg
6.43
5Y Avg
6.01
Market Cap
$40.36M
Current Ratio
2.08
TTM Avg
2.23
3Y Avg
2.23
5Y Avg
2.23
Market Cap
$36.76M
Current Ratio
3.10
TTM Avg
1.66
3Y Avg
0.84
5Y Avg
1.97
Market Cap
$36.42M
Current Ratio
2.77
TTM Avg
2.09
3Y Avg
1.85
5Y Avg
2.65
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Harvard Bioscience, Inc. (HBIO) | $39.08M | 1.87 | 1.54 | 1.66 | 2.17 |
| Nephros, Inc. (NEPH)vs › | $39.96M | 4.07 | 4.68 | 4.80 | 6.06 |
| Incannex Healthcare Limited (IXHL)vs › | $38.05M | 48.81 | 25.84 | 15.89 | 15.79 |
| Metagenomi, Inc. Common Stock (MGX)vs › | $40.28M | 4.50 | 7.06 | 6.43 | 6.01 |
| Filana Therapeutics, Inc. (FLNA)vs › | $40.36M | 2.08 | 2.23 | 2.23 | 2.23 |
| Edesa Biotech, Inc. (EDSA)vs › | $37.33M | 2.76 | 5.79 | 4.84 | 5.49 |
| QT Imaging Holdings, Inc. (QTI)vs › | $36.76M | 3.10 | 1.66 | 0.84 | 1.97 |
| Elicio Therapeutics, Inc. (ELTX)vs › | $36.42M | 2.77 | 2.09 | 1.85 | 2.65 |
| DocGo Inc. (DCGO)vs › | $35.92M | 1.66 | 2.38 | 2.37 | 2.73 |
| Precipio, Inc. (PRPO)vs › | $42.63M | 1.77 | 1.21 | 1.23 | 1.50 |
Current Ratio
1.87
Quick Ratio
0.98
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | CURRENT RATIO |
|---|---|
| 2026-06-30 | 1.87 |
| 2026-03-31 | 1.99 |
| 2025-12-31 | 2.20 |
| 2025-09-30 | 0.81 |
| 2025-06-30 | 0.81 |
| 2025-03-31 | 0.81 |
| 2024-12-31 | 0.82 |
| 2024-09-30 | 2.06 |
| 2024-06-30 | 2.05 |
| 2024-03-31 | 1.88 |
| 2023-12-31 | 1.85 |
| 2023-09-30 | 2.09 |
| 2023-06-30 | 2.29 |
| 2023-03-31 | 2.26 |
| 2022-12-31 | 2.20 |
| 2022-09-30 | 2.43 |
| 2022-06-30 | 2.42 |
| 2022-03-31 | 2.18 |
| 2021-12-31 | 2.43 |
| 2021-09-30 | 2.37 |
| 2021-06-30 | 2.30 |
| 2021-03-31 | 2.38 |
| 2020-12-31 | 2.46 |
| 2020-09-30 | 2.05 |
| 2020-06-30 | 1.95 |
| 2020-03-31 | 2.05 |
| 2019-12-31 | 2.12 |
| 2019-09-30 | 2.41 |
| 2019-06-30 | 2.33 |
| 2019-03-31 | 2.09 |
| 2018-12-31 | 2.54 |
| 2018-09-30 | 2.83 |
| 2018-06-30 | 2.42 |
| 2018-03-31 | 2.50 |
| 2017-12-31 | 3.39 |
| 2017-09-30 | 3.40 |
| 2017-06-30 | 3.46 |
| 2017-03-31 | 3.21 |
| 2016-12-31 | 3.11 |
| 2016-09-30 | 3.20 |
| 2016-06-30 | 3.15 |
| 2016-03-31 | 3.07 |
| 2015-12-31 | 2.60 |
| 2015-09-30 | 3.03 |
| 2015-06-30 | 2.66 |
| 2015-03-31 | 2.67 |
| 2014-12-31 | 2.81 |
| 2014-09-30 | 4.16 |
| 2014-06-30 | 3.93 |
| 2014-03-31 | 3.96 |
| 2013-12-31 | 3.78 |
| 2013-09-30 | 5.48 |
| 2013-06-30 | 5.47 |
| 2013-03-31 | 4.72 |
| 2012-12-31 | 5.96 |
| 2012-09-30 | 5.44 |
| 2012-06-30 | 5.19 |
| 2012-03-31 | 4.83 |
| 2011-12-31 | 5.35 |
| 2011-09-30 | 4.89 |
| 2011-06-30 | 6.08 |
| 2011-03-31 | 4.82 |
| 2010-12-31 | 5.18 |
| 2010-09-30 | 4.83 |
| 2010-06-30 | 4.63 |
| 2010-03-31 | 3.75 |
| 2009-12-31 | 3.93 |
| 2009-09-30 | 2.12 |
| 2009-06-30 | 4.80 |
| 2009-03-31 | 4.28 |
| 2008-12-31 | 3.88 |
| 2008-09-30 | 3.76 |
| 2008-06-30 | 3.27 |
| 2008-03-31 | 3.29 |
| 2007-12-31 | 3.32 |
| 2007-09-30 | 3.95 |
| 2007-06-30 | 3.69 |
| 2007-03-31 | 3.89 |
| 2006-12-31 | 3.63 |
| 2006-09-30 | 3.36 |
| 2006-06-30 | 2.98 |
| 2006-03-31 | 2.78 |
| 2005-12-31 | 4.26 |
| 2005-09-30 | 4.20 |
| 2005-06-30 | 3.13 |
| 2005-03-31 | 4.13 |
| 2004-12-31 | 3.82 |
| 2004-09-30 | 4.29 |
| 2004-06-30 | 3.95 |
| 2004-03-31 | 3.70 |
| 2003-12-31 | 3.58 |
| 2003-09-30 | 2.13 |
| 2003-06-30 | 2.11 |
| 2003-03-31 | 1.97 |
| 2002-12-31 | 2.92 |
| 2002-09-30 | 4.45 |
