Current Ratio
Updated 200h ago
Sector Performance
23th percentileMCK
0.85x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio measures a company's ability to cover its short-term obligations with its short-term assets; a ratio of 0.85x means it has only $0.85 in current assets for every $1.00 of current liabilities, indicating potential liquidity pressure.
Compared to sector peers, this 0.85x sits below the sector median of 1.20x and places the company at the 23rd percentile, meaning 77% of peers have a higher current ratio. No trend data is available—the year-over-year change and quarter-over-quarter change are both reported as N/A, so no directional insight can be drawn from recent movements. The combination of a below-median level with an absent trend implies that the current liquidity risk is static and unimproved, but without a downward trajectory it does not signal worsening conditions. This metric contradicts the overall NEUTRAL verdict because a current ratio substantially below 1.0x typically points to elevated short-term financial risk, yet the neutral stance suggests other factors counterbalance this weakness.
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: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (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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0.85x
Sector Median
1.20x
Sector Avg
2.57x
How MCK's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.