As of May 29, 2025, Cantel Medical Corp (CMD) reports a Current Ratio of 3.60.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Cantel Medical Corp's Current Ratio
Over recent years, Cantel Medical Corp's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2020-07-31 | 3.60 |
| 2019-07-31 | 2.32 |
| 2018-07-31 | 2.51 |
| 2017-07-31 | 2.41 |
| 2016-07-31 | 2.31 |
This slight upward trend highlights how Cantel Medical Corp manages its short-term assets and liabilities over time.
Comparing Cantel Medical Corp's Current Ratio to Peers
To better understand Cantel Medical Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Cantel Medical Corp (CMD) | 3.60 |
| Shockwave Medical Inc (SWAV) | 11.76 |
| Axonics Inc (AXNX) | 10.73 |
| Inmode Ltd (INMD) | 10.23 |
| Heska Corp (HSKA) | 6.70 |
| Cardiovascular Systems Inc (CSII) | 6.05 |
Compared to its competitors, Cantel Medical Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.