Current Ratio
Updated 100h ago
Sector Performance
86th percentileTFX
2.55x
Sector Median
1.20x
Sector Avg
2.57x
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: KEY (0.42x), GEN (0.40x), CHTR (0.40x), USB (0.40x), DRI (0.39x).
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.
Master TFX's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full TFX research report →TFX
2.55x
Sector Median
1.20x
Sector Avg
2.57x
How TFX's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.