MCKNEUTRAL

MCK Current Ratio Analysis

0.89x

Updated 6h ago·SEC filings & market data

Key Takeaway

The current ratio of 0.89x means the company has $0.89 of current assets for every $1.00 of current liabilities, indicating it may struggle to cover short-term obligations.

Sector Performance

25th percentile

MCK

0.89x

Sector Median

1.26x

Sector Avg

2.61x

Prior Period

0.85x(Jul 2026)

↑ Improving

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Deep Analysis

The current ratio of 0.89x means the company has $0.89 of current assets for every $1.00 of current liabilities, indicating it may struggle to cover short-term obligations.

This sits below the sector median of 1.25x, placing the company at the 25th percentile among peers. Year-over-year change is not available, but quarter-over-quarter the ratio improved by +4.7%, rising from 0.85x to 0.89x. The combination of a below-median level with a recent upward tick suggests liquidity risk remains present but may be easing modestly. This metric supports the overall NEUTRAL verdict, as the weak absolute position is partially offset by the quarter-over-quarter improvement.

Frequently Asked Questions

What does the Current Ratio tell investors about MCK?

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 MCK's closest peers by Current Ratio?

The closest peers by Current Ratio include: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).

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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.