Current Ratio
Higher than 33% of Healthcare sector peers
Updated 202h ago
Sector Performance
33th percentileBMY
1.42x
Sector Median
2.02x
Sector Avg
3.77x
Deep Analysis
The current ratio of 1.42x means that for every dollar of short-term liabilities BMY owes, it has $1.42 in current assets like cash and receivables — a measure of its ability to cover debts due within a year.
This ratio sits below the Healthcare sector median of 2.02x, placing BMY in the 33rd percentile among its peers, indicating a lower liquidity cushion than most companies in its industry. Because the year-over-year change and quarter-over-quarter change are both listed as N/A, and only a single historical value is provided, no trend can be assessed from this data alone. The combination of a below-median level with no available trend implies that the company’s short-term financial flexibility is weaker than the sector average, but without directional movement it is unclear whether this position is improving or worsening. This metric supports the overall CAUTIOUS verdict, as the 1.42x ratio points to higher liquidity risk compared to the sector norm, aligning with a conservative stance on the stock.
Frequently Asked Questions
What does the Current Ratio tell investors about BMY?
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 BMY's Current Ratio compare to its sector?
BMY's Current Ratio of 1.42x compares to a Healthcare sector median of 2.02x, placing it in the 33th percentile.
Who are BMY'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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1.42x
Sector Median
2.02x
Sector Avg
3.77x
How BMY's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.