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 11.81 is 394% above its 3-year average of 2.39, near the high end of its 3-year range (-20.22–11.81).
As of the fiscal period ended Tuesday, March 31, 2026. 286.07% above its 12-month average of 3.06.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
11.81
CURRENT RATIO AVG TTM
3.06
CURRENT RATIO AVG 3Y
4.27
CURRENT RATIO AVG 5Y
N/A
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+286.07%
CURRENT VS 3Y AVG
+176.41%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.53
median of 78 covered companies
CURRENT VS SECTOR MEDIAN
+672.11%
vs the sector median at left
Shoulder Innovations, Inc.
Market Cap
$468.68M
Current Ratio
11.81
TTM Avg
3.06
3Y Avg
4.27
5Y Avg
N/A
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shoulder Innovations, Inc. (SI) | $468.68M | 11.81 | 3.06 | 4.27 | N/A |
| NRC Health (NRC)vs › | $440.37M | 0.65 | 0.55 | 0.77 | 1.10 |
| 23andMe Holding Co. (ME)vs › | $15.31M | 0.81 | 1.40 | 2.39 | 2.32 |
| Teladoc Health, Inc. (TDOC)vs › | $1.26B | 0.83 | 2.23 | 2.80 | 3.02 |
| TransMedics Group, Inc. (TMDX)vs › | $2.64B | 6.62 | 7.72 | 8.85 | 8.81 |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $2.76B | 1.53 | 1.31 | 1.40 | 1.40 |
| Hims & Hers Health, Inc. (HIMS)vs › | $7.06B | 1.69 | 1.84 | 2.80 | 3.67 |
| Oscar Health, Inc. (OSCR)vs › | $7.81B | 1.09 | 0.93 | 1.04 | 1.20 |
| Tempus AI, Inc. (TEM)vs › | $8.18B | 3.30 | 2.71 | 2.36 | 3.23 |
| Insulet Corp. (PODD)vs › | $9.23B | 2.49 | 3.16 | 3.34 | 4.18 |
Current Ratio
11.81
Quick Ratio
10.04
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 |
|---|---|
| 2026-03-31 | 11.81 |
| 2025-12-31 | -20.22 |
| 2025-09-30 | 11.09 |
| 2025-06-30 | 5.52 |
| 2025-03-31 | 7.10 |
| 2024-12-31 | 4.59 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 11.17 |
| 2023-09-30 | 0.00 |
| 2023-06-30 | 0.00 |
| 2023-03-31 | 0.00 |
