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 1.97 is 43% below its 5-year average of 3.43, near the low end of its 5-year range (0.35–11.43).
As of the fiscal period ended Tuesday, June 30, 2026. 45.97% below its 12-month average of 3.65.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.97.
CURRENT RATIO
1.97
CURRENT RATIO AVG TTM
3.65
CURRENT RATIO AVG 3Y
2.45
CURRENT RATIO AVG 5Y
3.43
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-45.97%
CURRENT VS 3Y AVG
-19.43%
CURRENT VS 5Y AVG
-42.59%
CURRENT VS 10Y AVG
N/A
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
-47.57%
vs the sector median at left
TransCode Therapeutics, Inc.
Market Cap
$1.88M
Current Ratio
1.97
TTM Avg
3.65
3Y Avg
2.45
5Y Avg
3.43
Market Cap
$1.83M
Current Ratio
0.03
TTM Avg
0.09
3Y Avg
0.05
5Y Avg
0.04
Market Cap
$1.81M
Current Ratio
0.77
TTM Avg
3.21
3Y Avg
3.22
5Y Avg
4.15
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TransCode Therapeutics, Inc. (RNAZ) | $1.88M | 1.97 | 3.65 | 2.45 | 3.43 |
| Autonomix Medical, Inc. (AMIX)vs › | $1.88M | 4.85 | 5.04 | 6.52 | 9.62 |
| Tenon Medical, Inc. (TNON)vs › | $1.84M | 0.58 | 3.25 | 2.86 | 2.02 |
| Beyond Air, Inc. (XAIR)vs › | $1.84M | 3.31 | 3.50 | 3.45 | 5.38 |
| Profusa, Inc. Common Stock (PFSA)vs › | $1.83M | 0.03 | 0.09 | 0.05 | 0.04 |
| Alaunos Therapeutics, Inc. (TCRT)vs › | $1.81M | 0.77 | 3.21 | 3.22 | 4.15 |
| GeoVax Labs, Inc. (GOVX)vs › | $2.13M | 1.54 | 2.65 | 3.41 | 4.73 |
| Silo Pharma, Inc. (SILO)vs › | $1.64M | 5.36 | 7.82 | 13.02 | 13.90 |
| Vivos Therapeutics, Inc. (VVOS)vs › | $2.14M | 0.21 | 0.87 | 0.72 | 1.52 |
| Lakewood-Amedex Biotherapeutics, Inc. (LABT)vs › | $1.52M | 7.70 | 0.13 | 0.13 | 0.13 |
Current Ratio
1.97
Quick Ratio
1.97
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 | 1.97 |
| 2026-03-31 | 3.11 |
| 2025-12-31 | 6.29 |
| 2025-09-30 | 1.60 |
| 2025-06-30 | 5.27 |
| 2025-03-31 | 5.20 |
| 2024-12-31 | 2.56 |
| 2024-09-30 | 1.58 |
| 2024-06-30 | 1.25 |
| 2024-03-31 | 2.48 |
| 2023-12-31 | 1.28 |
| 2023-09-30 | 1.67 |
| 2023-06-30 | 1.39 |
| 2023-03-31 | 0.80 |
| 2022-12-31 | 1.70 |
| 2022-09-30 | 3.07 |
| 2022-06-30 | 8.06 |
| 2022-03-31 | 10.08 |
| 2021-12-31 | 8.97 |
| 2021-09-30 | 11.43 |
| 2021-06-30 | 0.35 |
| 2021-03-31 | 0.73 |
| 2020-12-31 | 2.05 |
| 2020-09-30 | 7.05 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 3.25 |