TECHNEUTRAL

TECH Current Ratio Analysis

4.49x

Higher than 86% of Healthcare sector peers

Updated 30h ago·SEC filings & market data

Key Takeaway

A current ratio of 4.49x means Bio-Techne has $4.49 in current assets for every $1 of current liabilities, indicating strong short-term liquidity to cover debts due within a year.

Sector Performance

86th percentile

TECH

4.49x

Sector Median

1.90x

Sector Avg

2.42x

Prior Period

4.54x(Apr 2026)

↓ Declining

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Deep Analysis

A current ratio of 4.49x means Bio-Techne has $4.49 in current assets for every $1 of current liabilities, indicating strong short-term liquidity to cover debts due within a year.

This is well above the healthcare sector median of 1.93x, placing the company in the 77th percentile among peers. Trend data is not available (N/A), with both year-over-year and quarter-over-quarter changes listed as N/A, so no directional insight can be drawn from recent history. The combination of a high liquidity level and absent trend data suggests low immediate solvency risk but offers no evidence about improving or deteriorating cash position. This metric supports the overall NEUTRAL verdict because the strong current ratio reduces near-term risk, yet the lack of trend information prevents any upgrade or downgrade based on momentum.

Frequently Asked Questions

What does the Current Ratio tell investors about TECH?

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 TECH's Current Ratio compare to its sector?

TECH's Current Ratio of 4.49x compares to a Healthcare sector median of 1.90x, placing it in the 86th percentile.

Who are TECH'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.