Current Ratio

The current ratio of 0.80x means AbbVie has $0.80 in current assets (cash, receivables, inventory) for every $1.00 of short-term liabilities due within a year — a level below 1.0x suggests the company could struggle to cover immediate obligations without external financing.

This ratio sits far below the healthcare sector median of 2.06x, placing AbbVie in the 7th percentile among its peers, indicating one of the weakest liquidity positions in the industry. Year-over-year and quarter-over-quarter changes are not available (N/A), and the trend over the last eight quarters is also N/A, so no directional movement can be assessed. The combination of a very low absolute ratio with no trend data points to elevated short-term liquidity risk, but without a history of deterioration or improvement, the risk is static rather than accelerating. This metric directly contradicts the overall NEUTRAL verdict because a 0.80x current ratio is a clear warning sign that most investors would weigh negatively, though other factors in the overall analysis offset this concern.

Frequently Asked Questions

Closest Sector Peers