ALGN Current Ratio Analysis
Higher than 27% of Healthcare sector peers
Updated 3005h ago·SEC filings & market data
Key Takeaway
The current ratio of 1.39x means Align Technology has $1.39 in current assets (like cash and receivables) for every $1 of short-term liabilities due within a year, indicating adequate but not high liquidity.
Sector Performance
27th percentileALGN
1.39x
Sector Median
1.90x
Sector Avg
2.42x
Prior Period
1.36x(Apr 2026)
Deep Analysis
The current ratio of 1.39x means Align Technology has $1.39 in current assets (like cash and receivables) for every $1 of short-term liabilities due within a year, indicating adequate but not high liquidity.
This ratio sits well below the healthcare sector median of 2.52x, placing the company in the 21st percentile among its peers, suggesting a tighter liquidity position relative to the industry. The metric has been perfectly stable over the past eight quarters, with a year-over-year change of +0.0% and a quarter-over-quarter change of +0.0%, showing no movement in either direction. The combination of a below-median level and an absolutely flat trend implies limited short-term financial risk from liquidity changes, but also no sign of improvement; investors may view this as a neutral factor offering neither risk reduction nor opportunity for upside. This stable, below-median current ratio aligns with the overall NEUTRAL verdict, as it neither strengthens nor weakens the case for the stock.
Frequently Asked Questions
What does the Current Ratio tell investors about ALGN?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does ALGN's Current Ratio compare to its sector?
ALGN's Current Ratio of 1.39x compares to a Healthcare sector median of 1.90x, placing it in the 27th percentile.
Who are ALGN's closest peers by Current Ratio?
The closest Healthcare peers by Current Ratio include: BSX (1.90x), BAX (1.95x), RVTY (1.72x), A (2.10x), HIMS (1.69x).
Learn More About Current Ratio
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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1.39x
Sector Median
1.90x
Sector Avg
2.42x
How ALGN's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.