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 0.96 is 25% below its 4-year average of 1.28, around the middle of its 4-year range (0.00–1.89).
As of the fiscal period ended Tuesday, June 30, 2026. 2.46% below its 12-month average of 0.98.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.96.
CURRENT RATIO
0.96
CURRENT RATIO AVG TTM
0.98
CURRENT RATIO AVG 3Y
1.20
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
-2.46%
CURRENT VS 3Y AVG
-20.03%
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
1.58
median of 100 covered companies
CURRENT VS SECTOR MEDIAN
-39.53%
vs the sector median at left
Market Cap
$1.71B
Current Ratio
6.65
TTM Avg
5.42
3Y Avg
7.28
5Y Avg
7.47
Market Cap
$2.16B
Current Ratio
5.03
TTM Avg
4.66
3Y Avg
4.92
5Y Avg
7.11
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortrea Holdings Inc. (FTRE) | $1.90B | 0.96 | 0.98 | 1.20 | N/A |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.74B | 1.63 | 1.31 | 1.40 | 1.40 |
| Intellia Therapeutics, Inc. (NTLA)vs › | $1.71B | 6.65 | 5.42 | 7.28 | 7.47 |
| Recursion Pharmaceuticals, Inc. (RXRX)vs › | $2.16B | 5.03 | 4.66 | 4.92 | 7.11 |
| Beam Therapeutics Inc. (BEAM)vs › | $2.52B | 14.57 | 8.96 | 7.17 | 6.28 |
| TransMedics Group, Inc. (TMDX)vs › | $2.76B | 6.62 | 7.72 | 8.85 | 8.81 |
| Teladoc Health, Inc. (TDOC)vs › | $1.00B | 0.83 | 2.23 | 2.80 | 3.02 |
| NeoGenomics, Inc. (NEO)vs › | $474.59M | 3.60 | 3.12 | 4.79 | 5.52 |
| NRC Health (NRC)vs › | $458.62M | 0.65 | 0.55 | 0.77 | 1.10 |
| Shoulder Innovations, Inc. (SI)vs › | $394.23M | 10.71 | 7.83 | 8.94 | 8.94 |
Current Ratio
0.96
Quick Ratio
0.96
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 | 0.96 |
| 2026-03-31 | 0.95 |
| 2025-12-31 | 0.98 |
| 2025-09-30 | 1.00 |
| 2025-06-30 | 1.02 |
| 2025-03-31 | 0.97 |
| 2024-12-31 | 1.00 |
| 2024-09-30 | 1.18 |
| 2024-06-30 | 1.19 |
| 2024-03-31 | 1.47 |
| 2023-12-31 | 1.61 |
| 2023-09-30 | 1.62 |
| 2023-06-30 | 1.64 |
| 2023-03-31 | 1.89 |
| 2022-12-31 | 1.78 |
| 2022-09-30 | 0.00 |
| 2022-06-30 | 0.00 |
| 2022-03-31 | 0.00 |