Quick Ratio

The quick ratio measures a company’s ability to cover its short-term liabilities with its most liquid assets, excluding inventory.

RMD’s current quick ratio of 1.97x indicates it holds $1.97 in liquid assets for every $1 of current liabilities, a comfortable liquidity position. Among Healthcare sector peers, this ratio ranks in the 72nd percentile and sits well above the sector median of 1.20x, showing stronger short-term financial flexibility than most competitors. Both the year-over-year and quarter-over-quarter changes are not available (N/A), and the trend direction over the last eight quarters is also not available, so there is no data to assess recent movement. Without trend information, the high absolute level alone suggests low immediate liquidity risk, but the absence of historical context limits the ability to gauge whether the position is improving or weakening. This combination — a strong level with no trend data — neither contradicts nor strongly reinforces the NEUTRAL overall verdict, as the metric points to a resilient liquidity profile while other factors may balance the assessment.

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