AMGNNEUTRAL

Current Ratio

1.26x

Higher than 24% of Healthcare sector peers

Updated 1883h ago

Sector Performance

24th percentile

AMGN

1.26x

Sector Median

2.02x

Sector Avg

3.77x

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Deep Analysis

The current ratio of 1.26x means Amgen has $1.26 in current assets for every $1 of current liabilities, measuring its short-term liquidity.

This is below the healthcare sector median of 2.06x and places the company at the 23rd percentile among sector peers, indicating weaker liquidity than most competitors. The trend data for this metric is not available—there are no reported year-over-year or quarter-over-quarter changes. Without a trend, the investor cannot assess whether liquidity is improving or deteriorating, making the current level the sole basis for evaluation. The combination of a below-median ratio plus no trend data introduces liquidity risk relative to peers, but it may be tolerable given Amgen’s steady cash flows from established products. This metric supports the overall NEUTRAL verdict by highlighting a potential weakness that is offset by the company’s broader financial stability, neither strongly bullish nor bearish on its own.

Frequently Asked Questions

What does the Current Ratio tell investors about AMGN?

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 AMGN's Current Ratio compare to its sector?

AMGN's Current Ratio of 1.26x compares to a Healthcare sector median of 2.02x, placing it in the 24th percentile.

Who are AMGN's closest peers by Current Ratio?

The closest Healthcare peers by Current Ratio include: RARE (2.02x), A (2.10x), BSX (1.90x), EXAS (2.23x), TMO (1.53x).

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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AMGN

1.26x

Sector Median

2.02x

Sector Avg

3.77x

How AMGN's Current Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.