BIONEUTRAL

BIO Current Ratio Analysis

3.14x

Higher than 82% of Healthcare sector peers

Updated 413h ago·SEC filings & market data

Key Takeaway

A current ratio of 3.14x means Bio-Rad has $3.14 in current assets for every $1 of current liabilities, showing it can comfortably cover short-term obligations.

Sector Performance

82th percentile

BIO

3.14x

Sector Median

1.90x

Sector Avg

2.42x

Prior Period

3.21x(Jul 2026)

↓ Declining

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Deep Analysis

A current ratio of 3.14x means Bio-Rad has $3.14 in current assets for every $1 of current liabilities, showing it can comfortably cover short-term obligations.

This is well above the healthcare sector median of 1.93x, placing Bio-Rad at the 71st percentile among peers, so its liquidity is stronger than most comparable companies. The trend data is largely unavailable: the year-over-year change is N/A, and the quarter-over-quarter change shows a slight decline of -2.2%, from 3.21x to 3.14x over the two most recent readings. While the high liquidity level signals low near-term default risk, the modest quarterly decrease introduces a minor damping effect. Overall, this combination of a strong level and a small downward move suggests no material shift in risk, neither adding pressure nor creating a clear opportunity. This metric supports the NEUTRAL verdict because it confirms stability without signaling either a compelling upside or a fresh concern.

Frequently Asked Questions

What does the Current Ratio tell investors about BIO?

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 BIO's Current Ratio compare to its sector?

BIO's Current Ratio of 3.14x compares to a Healthcare sector median of 1.90x, placing it in the 82th percentile.

Who are BIO'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).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.