Health Care Technology Companies By Current Ratio

Current Ratio
Current RatioEfficiencyMarket RiskExp Return
1SLP Simulations Plus
24.49
(0.07)
 2.86 
(0.19)
2OPRX OPTIMIZERx Corp
16.19
 0.13 
 8.36 
 1.10 
3GDRX Goodrx Holdings
10.34
 0.01 
 2.95 
 0.04 
4DOCS Doximity
7.24
 0.05 
 5.54 
 0.28 
5SDGR Schrodinger
6.51
 0.04 
 4.15 
 0.18 
6DRIO DarioHealth Corp
6.35
 0.02 
 12.73 
 0.28 
7INSP Inspire Medical Systems
5.62
(0.06)
 3.36 
(0.21)
8HCAT Health Catalyst
5.15
(0.16)
 3.88 
(0.63)
9PHR Phreesia
4.4
 0.04 
 3.18 
 0.12 
10VEEV Veeva Systems Class
4.2
 0.10 
 1.89 
 0.19 
11CERT Certara
3.51
(0.02)
 2.93 
(0.06)
12TDOC Teladoc
3.38
(0.03)
 4.35 
(0.14)
13ACCD Accolade
3.33
 0.13 
 13.43 
 1.71 
14DH Definitive Healthcare Corp
3.32
(0.06)
 5.95 
(0.34)
15ICAD icad inc
3.19
 0.06 
 6.68 
 0.39 
16OMCL Omnicell
2.11
(0.13)
 2.50 
(0.32)
17NHEL Natural Health Farm
1.14
 0.00 
 0.00 
 0.00 
18EVH Evolent Health
1.03
(0.04)
 3.52 
(0.16)
19HSTM HealthStream
0.99
 0.02 
 1.30 
 0.02 
20MYND Myndai,
0.81
(0.32)
 4.16 
(1.33)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company. Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).