Current Ratio
Updated 174h ago
Sector Performance
16th percentileIQV
0.75x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
A current ratio of 0.75x means the company has $0.75 in current assets for every $1.00 of short-term liabilities, indicating it may struggle to cover debts due within one year.
This level sits well below the sector median of 1.20x and places IQV in the 16th percentile among its peers, meaning 84% of sector companies have higher liquidity. Because no year-over-year or quarter-over-quarter change is available, and no trend over the last eight quarters has been reported, there is no data to judge whether the ratio is improving or deteriorating. The combination of a low current ratio with no trend information suggests elevated short-term liquidity risk, but without a directional signal, the uncertainty is higher than if a clear deterioration were visible. This metric contradicts the overall NEUTRAL verdict on IQV, as a ratio of 0.75x at the 16th percentile is typically a warning sign that warrants a more cautious stance.
Frequently Asked Questions
What does the Current Ratio tell investors about IQV?
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.
Who are IQV's closest peers by Current Ratio?
The closest peers by Current Ratio include: KEY (0.42x), GEN (0.40x), CHTR (0.40x), USB (0.40x), DRI (0.39x).
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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0.75x
Sector Median
1.20x
Sector Avg
2.57x
How IQV's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.