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 22.29 is 66% above its 5-year average of 13.43, near the high end of its 5-year range (0.61–29.15).
As of the fiscal period ended Tuesday, June 30, 2026. 8.79% below its 12-month average of 24.44.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 22.29.
CURRENT RATIO
22.29
CURRENT RATIO AVG TTM
24.44
CURRENT RATIO AVG 3Y
16.38
CURRENT RATIO AVG 5Y
13.43
CURRENT RATIO AVG 10Y
13.53
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-8.79%
CURRENT VS 3Y AVG
+36.07%
CURRENT VS 5Y AVG
+66.00%
CURRENT VS 10Y AVG
+64.68%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.75
median of 874 covered companies
CURRENT VS SECTOR MEDIAN
+494.33%
vs the sector median at left
Tectonic Therapeutic, Inc.
Market Cap
$422.86M
Current Ratio
22.29
TTM Avg
24.44
3Y Avg
16.38
5Y Avg
13.43
Market Cap
$419.87M
Current Ratio
25.05
TTM Avg
8.87
3Y Avg
10.83
5Y Avg
12.06
Market Cap
$426.51M
Current Ratio
3.48
TTM Avg
10.77
3Y Avg
42.35
5Y Avg
30.00
Market Cap
$416.27M
Current Ratio
6.74
TTM Avg
3.59
3Y Avg
4.96
5Y Avg
4.92
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tectonic Therapeutic, Inc. (TECX) | $422.86M | 22.29 | 24.44 | 16.38 | 13.43 |
| Tilray Brands, Inc. (TLRY)vs › | $422.72M | 2.21 | 2.33 | 2.18 | 2.30 |
| NeoGenomics, Inc. (NEO)vs › | $424.10M | 3.60 | 3.12 | 4.79 | 5.52 |
| Prothena Corporation plc (PRTA)vs › | $419.87M | 25.05 | 8.87 | 10.83 | 12.06 |
| ARS Pharmaceuticals, Inc. (SPRY)vs › | $426.51M | 3.48 | 10.77 | 42.35 | 30.00 |
| Editas Medicine, Inc. (EDIT)vs › | $418.95M | 3.19 | 3.65 | 4.66 | 6.11 |
| Senseonics Holdings, Inc. (SENS)vs › | $416.27M | 6.74 | 3.59 | 4.96 | 4.92 |
| Rezolute, Inc. (RZLT)vs › | $415.98M | 9.44 | 11.90 | 14.34 | 23.42 |
| NeuroPace, Inc. (NPCE)vs › | $431.97M | 4.94 | 5.33 | 6.32 | 7.54 |
| MapLight Therapeutics, Inc. (MPLT)vs › | $411.21M | 16.52 | 13.61 | 8.86 | 8.86 |
Current Ratio
22.29
Quick Ratio
22.29
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 | 22.29 |
| 2026-03-31 | 18.51 |
| 2025-12-31 | 26.63 |
| 2025-09-30 | 29.15 |
| 2025-06-30 | 25.60 |
| 2025-03-31 | 22.92 |
| 2024-12-31 | 12.65 |
| 2024-09-30 | 9.39 |
| 2024-06-30 | 7.21 |
| 2024-03-31 | 26.17 |
| 2023-12-31 | 0.76 |
| 2023-09-30 | 0.61 |
| 2023-06-30 | 11.05 |
| 2023-03-31 | 5.40 |
| 2022-12-31 | 4.73 |
| 2022-09-30 | 7.80 |
| 2022-06-30 | 11.11 |
| 2022-03-31 | 9.98 |
| 2021-12-31 | 6.95 |
| 2021-09-30 | 9.29 |
| 2021-06-30 | 13.77 |
| 2021-03-31 | 18.96 |
| 2020-12-31 | 16.09 |
| 2020-09-30 | 9.14 |
| 2020-06-30 | 16.29 |
| 2020-03-31 | 20.77 |
| 2019-12-31 | 13.96 |
| 2019-09-30 | 21.56 |
| 2019-06-30 | 11.20 |
| 2019-03-31 | 11.44 |
| 2018-12-31 | 12.26 |
| 2018-09-30 | 25.81 |
| 2018-06-30 | 16.21 |
| 2018-03-31 | 11.56 |
| 2017-09-30 | 0.00 |
| 2017-03-31 | 0.00 |
