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 2.07 is in line with its 5-year average of 2.18, near the low end of its 5-year range (0.63–11.13).
As of the fiscal period ended Tuesday, June 30, 2026. 23.23% above its 12-month average of 1.68.
Reported quarterly current ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 2.07.
CURRENT RATIO
2.07
CURRENT RATIO AVG TTM
1.68
CURRENT RATIO AVG 3Y
1.80
CURRENT RATIO AVG 5Y
2.18
CURRENT RATIO AVG 10Y
2.09
CURRENT RATIO AVG 15Y
2.40
CURRENT RATIO AVG 20Y
4.95
CURRENT VS TTM AVG
+23.23%
CURRENT VS 3Y AVG
+14.95%
CURRENT VS 5Y AVG
-4.80%
CURRENT VS 10Y AVG
-0.94%
CURRENT VS 15Y AVG
-13.63%
CURRENT VS 20Y AVG
-58.18%
SECTOR MEDIAN · HEALTHCARE
3.48
median of 713 covered companies
CURRENT VS SECTOR MEDIAN
-40.47%
vs the sector median at left
Mesa Laboratories, Inc.
Market Cap
$778.67M
Current Ratio
2.07
TTM Avg
1.68
3Y Avg
1.80
5Y Avg
2.18
Market Cap
$778.76M
Current Ratio
9.39
TTM Avg
11.79
3Y Avg
11.79
5Y Avg
11.79
Market Cap
$764.79M
Current Ratio
18.86
TTM Avg
23.23
3Y Avg
26.78
5Y Avg
32.61
Market Cap
$784.23M
Current Ratio
13.37
TTM Avg
5.16
3Y Avg
5.50
5Y Avg
4.90
Market Cap
$752.35M
Current Ratio
19.69
TTM Avg
6.38
3Y Avg
9.16
5Y Avg
11.87
Market Cap
$798.82M
Current Ratio
4.26
TTM Avg
4.46
3Y Avg
3.96
5Y Avg
4.08
Market Cap
$746.62M
Current Ratio
16.09
TTM Avg
8.04
3Y Avg
7.87
5Y Avg
9.13
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mesa Laboratories, Inc. (MLAB) | $778.67M | 2.07 | 1.68 | 1.80 | 2.18 |
| Attovia Therapeutics, Inc. (ATTO)vs › | $778.76M | 9.39 | 11.79 | 11.79 | 11.79 |
| Design Therapeutics, Inc. (DSGN)vs › | $764.79M | 18.86 | 23.23 | 26.78 | 32.61 |
| Lexicon Pharmaceuticals, Inc. (LXRX)vs › | $784.23M | 13.37 | 5.16 | 5.50 | 4.90 |
| Geron Corporation (GERN)vs › | $789.07M | 6.92 | 5.11 | 3.93 | 4.38 |
| Faeth Therapeutics, Inc. (FTH)vs › | $752.35M | 19.69 | 6.38 | 9.16 | 11.87 |
| AdaptHealth Corp. (AHCO)vs › | $795.92M | 1.12 | 1.18 | 1.21 | 1.17 |
| Gyre Therapeutics, Inc. (GYRE)vs › | $798.82M | 4.26 | 4.46 | 3.96 | 4.08 |
| Candel Therapeutics, Inc. (CADL)vs › | $746.62M | 16.09 | 8.04 | 7.87 | 9.13 |
| InMode Ltd. (INMD)vs › | $804.44M | 8.18 | 10.05 | 10.24 | 9.72 |
Current Ratio
2.07
Quick Ratio
1.52
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 | 2.07 |
| 2026-03-31 | 1.72 |
| 2025-12-31 | 1.94 |
| 2025-09-30 | 2.02 |
| 2025-06-30 | 0.66 |
| 2025-03-31 | 0.63 |
| 2024-12-31 | 0.71 |
| 2024-09-30 | 0.70 |
| 2024-06-30 | 1.94 |
| 2024-03-31 | 2.47 |
| 2023-12-31 | 2.68 |
| 2023-09-30 | 2.96 |
| 2023-06-30 | 2.93 |
| 2023-03-31 | 2.74 |
| 2022-12-31 | 2.74 |
| 2022-09-30 | 2.80 |
| 2022-06-30 | 2.90 |
| 2022-03-31 | 2.59 |
| 2021-12-31 | 2.59 |
| 2021-09-30 | 11.13 |
| 2021-06-30 | 9.43 |
| 2021-03-31 | 9.32 |
| 2020-12-31 | 10.64 |
| 2020-09-30 | 14.34 |
| 2020-06-30 | 13.17 |
| 2020-03-31 | 4.72 |
| 2019-12-31 | 4.78 |
| 2019-09-30 | 16.17 |
| 2019-06-30 | 1.59 |
| 2019-03-31 | 1.42 |
| 2018-12-31 | 1.57 |
| 2018-09-30 | 1.72 |
| 2018-06-30 | 2.10 |
| 2018-03-31 | 1.85 |
| 2017-12-31 | 2.37 |
| 2017-09-30 | 2.86 |
| 2017-06-30 | 2.26 |
| 2017-03-31 | 2.16 |
| 2016-12-31 | 1.59 |
| 2016-09-30 | 1.58 |
| 2016-06-30 | 1.44 |
| 2016-03-31 | 1.55 |
| 2015-12-31 | 1.64 |
| 2015-09-30 | 1.47 |
| 2015-06-30 | 2.25 |
| 2015-03-31 | 2.02 |
| 2014-12-31 | 2.31 |
| 2014-09-30 | 2.32 |
| 2014-06-30 | 2.26 |
| 2014-03-31 | 2.60 |
| 2013-12-31 | 1.91 |
| 2013-09-30 | 3.97 |
| 2013-06-30 | 5.27 |
| 2013-03-31 | 4.17 |
| 2012-12-31 | 4.29 |
| 2012-09-30 | 1.04 |
| 2012-06-30 | 3.69 |
| 2012-03-31 | 4.50 |
| 2011-12-31 | 3.77 |
| 2011-09-30 | 2.72 |
| 2011-06-30 | 1.97 |
| 2011-03-31 | 1.74 |
| 2010-12-31 | 1.67 |
| 2010-09-30 | 3.00 |
| 2010-06-30 | 2.65 |
| 2010-03-31 | 10.53 |
| 2009-12-31 | 8.63 |
| 2009-09-30 | 18.74 |
| 2009-06-30 | 13.22 |
| 2009-03-31 | 12.53 |
| 2008-12-31 | 12.60 |
| 2008-09-30 | 12.37 |
| 2008-06-30 | 11.19 |
| 2008-03-31 | 9.08 |
| 2007-12-31 | 11.78 |
| 2007-09-30 | 12.52 |
| 2007-06-30 | 8.89 |
| 2007-03-31 | 7.38 |
| 2006-12-31 | 9.41 |
| 2006-09-30 | 9.88 |
| 2006-06-30 | 9.63 |
| 2006-03-31 | 9.11 |
| 2005-12-31 | 13.64 |
| 2005-09-30 | 11.70 |
| 2005-06-30 | 12.06 |
| 2005-03-31 | 11.33 |
| 2004-12-31 | 15.95 |
| 2004-09-30 | 19.34 |
| 2004-06-30 | 14.31 |
| 2004-03-31 | 16.32 |
| 2003-12-31 | 17.49 |
| 2003-09-30 | 20.30 |
| 2003-06-30 | 14.86 |
| 2003-03-31 | 16.37 |
| 2002-12-31 | 19.26 |
| 2002-09-30 | 16.42 |