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 1.85 is 27% above its 5-year average of 1.45, around the middle of its 5-year range (0.00–3.89).
As of the fiscal period ended Tuesday, June 30, 2026. 25.19% below its 12-month average of 2.47.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.85.
CURRENT RATIO
1.85
CURRENT RATIO AVG TTM
2.47
CURRENT RATIO AVG 3Y
2.22
CURRENT RATIO AVG 5Y
1.45
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-25.19%
CURRENT VS 3Y AVG
-16.88%
CURRENT VS 5Y AVG
+26.92%
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
-50.89%
vs the sector median at left
Market Cap
$5.07B
Current Ratio
4.20
TTM Avg
4.30
3Y Avg
4.12
5Y Avg
3.47
Market Cap
$5.09B
Current Ratio
7.02
TTM Avg
8.28
3Y Avg
8.59
5Y Avg
7.77
Market Cap
$5.19B
Current Ratio
13.57
TTM Avg
9.78
3Y Avg
9.13
5Y Avg
11.38
Market Cap
$5.21B
Current Ratio
4.05
TTM Avg
2.41
3Y Avg
2.93
5Y Avg
3.47
Market Cap
$5.21B
Current Ratio
17.85
TTM Avg
17.70
3Y Avg
17.06
5Y Avg
17.77
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waystar Holding Corp. (WAY) | $5.06B | 1.85 | 2.47 | 2.22 | 1.45 |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.07B | 4.20 | 4.30 | 4.12 | 3.47 |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.09B | 7.02 | 8.28 | 8.59 | 7.77 |
| Erasca, Inc. (ERAS)vs › | $4.96B | 8.29 | 9.94 | 10.32 | 11.01 |
| Cogent Biosciences, Inc. (COGT)vs › | $5.19B | 13.57 | 9.78 | 9.13 | 11.38 |
| Doximity, Inc. (DOCS)vs › | $5.20B | 6.08 | 6.53 | 6.56 | 6.07 |
| Sotera Health Company (SHC)vs › | $5.20B | 2.80 | 2.60 | 2.11 | 2.14 |
| Travere Therapeutics, Inc. (TVTX)vs › | $5.21B | 4.05 | 2.41 | 2.93 | 3.47 |
| CRISPR Therapeutics AG (CRSP)vs › | $5.21B | 17.85 | 17.70 | 17.06 | 17.77 |
| Oruka Therapeutics, Inc. (ORKA)vs › | $4.84B | 38.51 | 25.63 | 37.00 | 29.64 |
Current Ratio
1.85
Quick Ratio
1.85
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 | 1.85 |
| 2026-03-31 | 1.76 |
| 2025-12-31 | 1.41 |
| 2025-09-30 | 3.89 |
| 2025-06-30 | 3.43 |
| 2025-03-31 | 3.12 |
| 2024-12-31 | 2.55 |
| 2024-09-30 | 2.29 |
| 2024-06-30 | 2.15 |
| 2024-03-31 | 1.90 |
| 2023-12-31 | 1.80 |
| 2023-09-30 | 2.10 |
| 2023-06-30 | 2.30 |
| 2023-03-31 | 0.00 |
| 2022-12-31 | 0.00 |
| 2022-09-30 | 0.00 |
| 2022-06-30 | 0.00 |
| 2022-03-31 | 0.00 |
| 2021-12-31 | 0.00 |
| 2021-09-30 | 0.00 |
| 2021-06-30 | 0.00 |
| 2021-03-31 | 0.00 |