RHHBYNEUTRAL

RHHBY Current Ratio Analysis

1.38x

Higher than 26% of Healthcare sector peers

Updated 238h ago·SEC filings & market data

Key Takeaway

The current ratio of 1.38x measures RHHBY’s ability to pay short-term obligations with its short-term assets; a ratio above 1x indicates coverage, though the level here is lean.

Sector Performance

26th percentile

RHHBY

1.38x

Sector Median

2.02x

Sector Avg

3.77x

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Deep Analysis

The current ratio of 1.38x measures RHHBY’s ability to pay short-term obligations with its short-term assets; a ratio above 1x indicates coverage, though the level here is lean.

This sits below the healthcare sector median of 2.02x, placing the company in the 26th percentile among its peers, meaning three-quarters of competitors have stronger liquidity positions. Trend data is unavailable, with the year-over-year change, quarter-over-quarter change, and direction over the last eight quarters all reported as N/A. Because the current ratio is low relative to the sector and no trend is available to assess improvement or deterioration, the metric implies a liquidity risk that warrants caution but not immediate alarm. This weak liquidity position contradicts the neutral overall verdict, suggesting the stock may carry more downside risk than a neutral rating typically implies.

Frequently Asked Questions

What does the Current Ratio tell investors about RHHBY?

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 RHHBY's Current Ratio compare to its sector?

RHHBY's Current Ratio of 1.38x compares to a Healthcare sector median of 2.02x, placing it in the 26th percentile.

Who are RHHBY'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).

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Learn More About Current Ratio

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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.