RMD Quick Ratio Analysis
Higher than 82% of Healthcare sector peers
Updated 197h ago·SEC filings & market data
Key Takeaway
With a quick ratio of 1.97x, RMD holds $1.97 in liquid assets (like cash and receivables) for every $1 of short-term liabilities, meaning it can comfortably cover near-term obligations without selling inventory.
Sector Performance
82th percentileRMD
1.97x
Sector Median
1.15x
Sector Avg
1.57x
Prior Period
1.93x(Apr 2026)
Deep Analysis
With a quick ratio of 1.97x, RMD holds $1.97 in liquid assets (like cash and receivables) for every $1 of short-term liabilities, meaning it can comfortably cover near-term obligations without selling inventory.
This is well above the healthcare sector median of 1.14x, placing RMD in the 76th percentile among peers. The trend is not assessable: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and no historical values beyond the current 1.97x were provided. Because the level is high but the trend is unknown, the main takeaway is that current liquidity poses little immediate default risk, yet there is no evidence of improving or deteriorating strength. For an investor, this reduces short-term solvency concerns but does not signal a clear momentum advantage. This metric supports the overall NEUTRAL verdict: a strong quick ratio is a positive, but the lack of trend data prevents it from tilting the view toward bullish or bearish.
Frequently Asked Questions
What does the Quick Ratio tell investors about RMD?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
How does RMD's Quick Ratio compare to its sector?
RMD's Quick Ratio of 1.97x compares to a Healthcare sector median of 1.15x, placing it in the 82th percentile.
Who are RMD's closest peers by Quick Ratio?
The closest Healthcare peers by Quick Ratio include: ALGN (1.15x), BAX (1.12x), RVTY (1.25x), DGX (1.28x), BIO (1.00x).
Learn More About Quick Ratio
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
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1.97x
Sector Median
1.15x
Sector Avg
1.57x
How RMD's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.