BIIB Current Ratio Analysis
Higher than 67% of Healthcare sector peers
Updated 301h ago·SEC filings & market data
Key Takeaway
The Current Ratio of 3.06x measures BIIB's ability to pay short-term debts with short-term assets—anything above 1.0x suggests it can cover liabilities, while higher numbers indicate more liquidity.
Sector Performance
67th percentileBIIB
3.06x
Sector Median
2.06x
Sector Avg
3.92x
Deep Analysis
The Current Ratio of 3.06x measures BIIB's ability to pay short-term debts with short-term assets—anything above 1.0x suggests it can cover liabilities, while higher numbers indicate more liquidity.
This figure sits well above the healthcare sector median of 2.02x, placing BIIB in the 67th percentile among its peers. Trend data is not available: the year-over-year change and quarter-over-quarter change are both marked as N/A, and no historical values beyond the current reading are provided. Without trend direction, the high level alone implies a conservative liquidity position that may carry lower default risk, but excess cash could also signal inefficient use of assets. This metric supports the NEUTRAL verdict because a strong balance sheet reduces downside risk, yet the lack of trend context and potential capital allocation concerns prevent a stronger bullish or bearish stance.
Frequently Asked Questions
What does the Current Ratio tell investors about BIIB?
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 BIIB's Current Ratio compare to its sector?
BIIB's Current Ratio of 3.06x compares to a Healthcare sector median of 2.06x, placing it in the 67th percentile.
Who are BIIB's closest peers by Current Ratio?
The closest Healthcare peers by Current Ratio include: RARE (2.02x), BAX (1.95x), BSX (1.90x), ZBH (1.73x), RVTY (1.72x).
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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3.06x
Sector Median
2.06x
Sector Avg
3.92x
How BIIB's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.