As of May 29, 2025, Computer Programs and Systems Inc (CPSI) reports a Current Ratio of 1.68.
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 Computer Programs and Systems Inc's Current Ratio
Over recent years, Computer Programs and Systems Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-12-31 | 1.68 |
| 2021-12-31 | 1.49 |
| 2020-12-31 | 1.79 |
| 2019-12-31 | 1.59 |
| 2018-12-31 | 1.82 |
This slight downward trend highlights how Computer Programs and Systems Inc manages its short-term assets and liabilities over time.
Comparing Computer Programs and Systems Inc's Current Ratio to Peers
To better understand Computer Programs and Systems Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Computer Programs and Systems Inc (CPSI) | 1.68 |
| Inspire Medical Systems Inc (INSP) | 7.13 |
| Doximity Inc (DOCS) | 6.97 |
| GoodRx Holdings Inc (GDRX) | 5.32 |
| Veeva Systems Inc (VEEV) | 4.51 |
| ICAD Inc (ICAD) | 3.50 |
Compared to its competitors, Computer Programs and Systems Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.