NTRACAUTIOUS

NTRA Current Ratio Analysis

2.96x

Higher than 62% of Healthcare sector peers

Updated 48h ago·SEC filings & market data

Key Takeaway

The current ratio of 2.96x means NTRA has $2.96 of current assets—cash, receivables, inventory—for every $1 of liabilities due within a year, indicating strong short-term liquidity.

Sector Performance

62th percentile

NTRA

2.96x

Sector Median

2.02x

Sector Avg

3.77x

📊

Deep Analysis

The current ratio of 2.96x means NTRA has $2.96 of current assets—cash, receivables, inventory—for every $1 of liabilities due within a year, indicating strong short-term liquidity.

This places NTRA above the healthcare sector median of 2.02x and in the 62nd percentile among peers, so it holds a better-than-average liquidity position. No trend data is available: the year-over-year change and quarter-over-quarter change are both listed as N/A, and only a single historical value of 2.96x is provided. Without a trend, the current high level alone suggests a low immediate risk of default, but it also signals possible inefficiency in deploying cash or inventory. This supports the overall CAUTIOUS verdict because a very high current ratio can mask underlying issues like slow asset turnover or excess cash that drags on returns.

Frequently Asked Questions

What does the Current Ratio tell investors about NTRA?

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 NTRA's Current Ratio compare to its sector?

NTRA's Current Ratio of 2.96x compares to a Healthcare sector median of 2.02x, placing it in the 62th percentile.

Who are NTRA's closest peers by Current Ratio?

The closest Healthcare peers by Current Ratio include: A (2.10x), BSX (1.90x), BAX (1.85x), EXAS (2.23x), TMO (1.53x).

📚

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.