RMDNEUTRAL

RMD Current Ratio Analysis

3.01x

Higher than 73% of Healthcare sector peers

Updated 198h ago·SEC filings & market data

Key Takeaway

The current ratio measures a company’s ability to cover short-term obligations with short-term assets; a value of 3.01x means RMD has $3.01 in current assets for every $1 of current liabilities.

Sector Performance

73th percentile

RMD

3.01x

Sector Median

1.90x

Sector Avg

2.42x

Prior Period

3.06x(Apr 2026)

↓ Declining

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Deep Analysis

The current ratio measures a company’s ability to cover short-term obligations with short-term assets; a value of 3.01x means RMD has $3.01 in current assets for every $1 of current liabilities.

This is well above the healthcare sector median of 1.93x, placing RMD in the 65th percentile among sector peers, so its liquidity is stronger than most comparable companies. The trend is not available: the year-over-year change is N/A and the quarter-over-quarter change is N/A, with only the most recent value of 3.01x reported. Because the level is high but the trend is unknown, the main takeaway is that RMD carries low near-term solvency risk, yet there is no evidence of improvement or deterioration to factor into the outlook. This high current ratio supports the overall NEUTRAL verdict by confirming financial stability, while the missing trend data keeps the assessment from being more positive or negative.

Frequently Asked Questions

What does the Current Ratio tell investors about RMD?

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 RMD's Current Ratio compare to its sector?

RMD's Current Ratio of 3.01x compares to a Healthcare sector median of 1.90x, placing it in the 73th percentile.

Who are RMD's closest peers by Current Ratio?

The closest Healthcare peers by Current Ratio include: BSX (1.90x), BAX (1.95x), RVTY (1.72x), A (2.10x), HIMS (1.69x).

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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.