Current Ratio

The current ratio of 4.04x means HOLX holds four times more current assets — cash, receivables, inventory — than current liabilities due within a year, indicating ample short-term financial cushion.

This is well above the sector median of 1.21x, placing HOLX in the 94th percentile among sector peers, so it ranks far higher than almost all rivals on liquidity. Trend data for this metric is N/A, as both the year-over-year and quarter-over-quarter changes are reported as N/A; therefore no recent movement can be assessed. Because the absolute level is extremely high but no trend direction is available, there is no evidence of improving or deteriorating liquidity, leaving the risk assessment neutral from a trend perspective. This metric, on its own, suggests very low short-term default risk, but it does not contradict the CAUTIOUS verdict — a high current ratio can signal inefficient use of assets, which may support a cautious view on operational efficiency and returns.

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