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 10.71 is 105% above its 3-year average of 5.22, near the high end of its 3-year range (0.00–11.81).
As of the fiscal period ended Tuesday, June 30, 2026. 6.65% above its 12-month average of 10.04.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 10.71.
CURRENT RATIO
10.71
CURRENT RATIO AVG TTM
10.04
CURRENT RATIO AVG 3Y
5.62
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
+6.65%
CURRENT VS 3Y AVG
+90.52%
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
1.54
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+595.33%
vs the sector median at left
Shoulder Innovations, Inc.
Market Cap
$376.61M
Current Ratio
10.71
TTM Avg
10.04
3Y Avg
5.62
5Y Avg
N/A
Market Cap
$45.05M
Current Ratio
0.57
TTM Avg
2.81
3Y Avg
4.44
5Y Avg
7.47
Market Cap
$5.10B
Current Ratio
4.20
TTM Avg
4.30
3Y Avg
4.12
5Y Avg
3.47
Market Cap
$5.59B
Current Ratio
7.02
TTM Avg
8.28
3Y Avg
8.59
5Y Avg
7.77
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shoulder Innovations, Inc. (SI) | $376.61M | 10.71 | 10.04 | 5.62 | N/A |
| NRC Health (NRC)vs › | $463.35M | 0.65 | 0.55 | 0.77 | 1.10 |
| PDS Biotechnology Corporation (PDSB)vs › | $45.05M | 0.57 | 2.81 | 4.44 | 7.47 |
| Teladoc Health, Inc. (TDOC)vs › | $1.14B | 0.83 | 2.23 | 2.80 | 3.02 |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.91B | 1.63 | 1.31 | 1.40 | 1.40 |
| TransMedics Group, Inc. (TMDX)vs › | $2.99B | 6.62 | 7.72 | 8.85 | 8.81 |
| Doximity, Inc. (DOCS)vs › | $4.88B | 6.08 | 6.53 | 6.56 | 6.07 |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.10B | 4.20 | 4.30 | 4.12 | 3.47 |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.59B | 7.02 | 8.28 | 8.59 | 7.77 |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.24B | 0.93 | 1.84 | 2.80 | 3.67 |
Current Ratio
10.71
Quick Ratio
8.92
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 | 10.71 |
| 2026-03-31 | 11.81 |
| 2025-12-31 | 11.07 |
| 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 |
