TFXNEUTRAL

TFX Current Ratio Analysis

2.60x

Updated 153h ago·SEC filings & market data

Key Takeaway

The current ratio of 2.55x means that for every dollar of short-term liabilities, the company holds $2.55 in short-term assets, indicating a comfortable buffer to cover near-term obligations.

Sector Performance

84th percentile

TFX

2.60x

Sector Median

1.26x

Sector Avg

2.61x

Prior Period

2.55x(Jul 2026)

↑ Improving

📊

Deep Analysis

The current ratio of 2.55x means that for every dollar of short-term liabilities, the company holds $2.55 in short-term assets, indicating a comfortable buffer to cover near-term obligations.

This ratio stands well above the sector median of 1.21x, placing the company in the 86th percentile among sector peers — a strong relative position. The year-over-year change is not available, but the quarter-over-quarter change shows a slight uptick of +0.4%, with the latest two values being 2.55x and 2.54x. The combination of an already high current ratio and a small quarterly increase implies low liquidity risk, though the flat trend offers no clear catalyst for further upside. This metric supports the overall NEUTRAL verdict: while the strong liquidity level is a positive attribute, it does not by itself signal a compelling investment case.

Frequently Asked Questions

What does the Current Ratio tell investors about TFX?

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.

Who are TFX's closest peers by Current Ratio?

The closest peers by Current Ratio include: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).

📚

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.