As of June 2, 2025, Net Medical Xpress Solutions Inc (NMXS) reports a Current Ratio of 1.40.
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 Net Medical Xpress Solutions Inc's Current Ratio
Over recent years, Net Medical Xpress Solutions Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2016-12-31 | 1.40 |
| 2015-12-31 | 1.55 |
| 2014-12-31 | 1.04 |
| 2013-12-31 | 1.35 |
| 2012-12-31 | 1.07 |
This slight downward trend highlights how Net Medical Xpress Solutions Inc manages its short-term assets and liabilities over time.
Comparing Net Medical Xpress Solutions Inc's Current Ratio to Peers
To better understand Net Medical Xpress Solutions Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Net Medical Xpress Solutions Inc (NMXS) | 1.40 |
| HMS Holdings Corp (HMSY) | 4.88 |
| Veeva Systems Inc (VEEV) | 4.51 |
| Schrodinger Inc (SDGR) | 3.31 |
| Simulations Plus Inc (SLP) | 3.26 |
| American Well Corp (AMWL) | 2.85 |
Compared to its competitors, Net Medical Xpress Solutions Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.