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 2.99 is 17% below its 5-year average of 3.62, near the low end of its 5-year range (2.29–7.14).
As of the fiscal period ended Friday, July 31, 2026. 17.13% below its 12-month average of 3.61.
Reported quarterly current ratio; no daily interpolation. Q2 FY2027 (2026-07-31): 2.99.
CURRENT RATIO
2.99
CURRENT RATIO AVG TTM
3.61
CURRENT RATIO AVG 3Y
3.90
CURRENT RATIO AVG 5Y
3.62
CURRENT RATIO AVG 10Y
7.90
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-17.13%
CURRENT VS 3Y AVG
-23.19%
CURRENT VS 5Y AVG
-17.28%
CURRENT VS 10Y AVG
-62.10%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.76
median of 873 covered companies
CURRENT VS SECTOR MEDIAN
-20.41%
vs the sector median at left
Market Cap
$7.63B
Current Ratio
6.66
TTM Avg
5.35
3Y Avg
6.55
5Y Avg
8.14
Market Cap
$7.81B
Current Ratio
15.73
TTM Avg
10.50
3Y Avg
7.40
5Y Avg
9.39
Market Cap
$7.31B
Current Ratio
7.88
TTM Avg
6.15
3Y Avg
6.32
5Y Avg
6.43
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HealthEquity, Inc. (HQY) | $7.61B | 2.99 | 3.61 | 3.90 | 3.62 |
| Hinge Health, Inc. (HNGE)vs › | $7.61B | 1.34 | 1.90 | 2.23 | 2.23 |
| Cytokinetics, Incorporated (CYTK)vs › | $7.63B | 6.66 | 5.35 | 6.55 | 8.14 |
| Caris Life Sciences, Inc. (CAI)vs › | $7.76B | 5.53 | 4.58 | 3.87 | 3.23 |
| Praxis Precision Medicines, Inc. (PRAX)vs › | $7.81B | 15.73 | 10.50 | 7.40 | 9.39 |
| Ionis Pharmaceuticals, Inc. (IONS)vs › | $7.31B | 7.88 | 6.15 | 6.32 | 6.43 |
| TG Therapeutics, Inc. (TGTX)vs › | $7.99B | 4.27 | 5.17 | 4.86 | 5.25 |
| Alkermes plc (ALKS)vs › | $6.99B | 2.30 | 3.29 | 2.93 | 2.75 |
| Oscar Health, Inc. (OSCR)vs › | $8.38B | 1.08 | 0.93 | 1.08 | 1.24 |
| Chemed Corporation (CHE)vs › | $6.66B | 0.91 | 1.21 | 1.24 | 1.14 |
Current Ratio
2.99
Quick Ratio
2.99
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 |
|---|---|
| 2026-07-31 | 2.99 |
| 2026-04-30 | 3.44 |
| 2026-01-31 | 3.27 |
| 2025-10-31 | 4.13 |
| 2025-07-31 | 4.23 |
| 2025-04-30 | 4.06 |
| 2025-01-31 | 3.06 |
| 2024-10-31 | 3.20 |
| 2024-07-31 | 4.10 |
| 2024-04-30 | 4.39 |
| 2024-01-31 | 4.76 |
| 2023-10-31 | 4.93 |
| 2023-07-31 | 4.09 |
| 2023-04-30 | 4.00 |
| 2023-01-31 | 2.92 |
| 2022-10-31 | 3.01 |
| 2022-07-31 | 2.46 |
| 2022-04-30 | 2.37 |
| 2022-01-31 | 2.29 |
| 2021-10-31 | 7.14 |
| 2021-07-31 | 4.65 |
| 2021-04-30 | 4.50 |
| 2021-01-31 | 2.25 |
| 2020-10-31 | 2.62 |
| 2020-07-31 | 2.49 |
| 2020-04-30 | 2.11 |
| 2020-01-31 | 1.96 |
| 2019-10-31 | 1.91 |
| 2019-07-31 | 22.98 |
| 2019-04-30 | 15.59 |
| 2019-01-31 | 13.58 |
| 2018-10-31 | 20.91 |
| 2018-07-31 | 19.90 |
| 2018-04-30 | 17.71 |
| 2018-01-31 | 12.95 |
| 2017-10-31 | 12.98 |
| 2017-07-31 | 18.51 |
| 2017-04-30 | 21.27 |
| 2017-01-31 | 12.79 |
| 2016-10-31 | 17.83 |
| 2016-07-31 | 19.44 |
| 2016-04-30 | 22.30 |
| 2016-01-31 | 11.82 |
| 2015-10-31 | 15.08 |
| 2015-07-31 | 23.31 |
| 2015-04-30 | 25.13 |
| 2015-01-31 | 14.12 |
| 2014-10-31 | 18.76 |
| 2014-07-31 | 4.74 |
| 2014-04-30 | 0.42 |
| 2014-01-31 | 2.52 |
| 2013-10-31 | 0.00 |
| 2013-07-31 | 0.00 |
| 2013-04-30 | 0.00 |
