XRAYNEUTRAL

Current Ratio

1.53x

Updated 10h ago

Sector Performance

66th percentile

XRAY

1.53x

Sector Median

1.20x

Sector Avg

2.57x

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Deep Analysis

The current ratio of 1.53x measures a company's ability to cover its short-term liabilities with its short-term assets; a value above 1.0x suggests it has more current assets than current obligations.

Compared to sector peers, this ratio sits above the sector median of 1.20x and places the company in the 66th percentile, meaning it has stronger short-term liquidity than roughly two-thirds of its industry. Metric trends are not available — the year-over-year change is listed as N/A, and the quarter-over-quarter change is also N/A, so no directional pattern can be inferred from recent periods. The combination of a solid liquidity level (well above 1.0x and above the peer median) with no trend data introduces limited risk from a balance-sheet standpoint but provides no momentum signal for improvement or deterioration. This metric supports the overall NEUTRAL verdict because the current ratio is adequate but not exceptional, offering neither a clear positive catalyst nor a pressing concern that would tilt the rating toward bullish or bearish.

Frequently Asked Questions

What does the Current Ratio tell investors about XRAY?

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 XRAY's closest peers by Current Ratio?

The closest peers by Current Ratio include: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (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.

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XRAY

1.53x

Sector Median

1.20x

Sector Avg

2.57x

How XRAY's Current Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.