As of May 25, 2025, Vigil Health Solutions Inc (VGL.V) reports a Current Ratio of 2.56.
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 Vigil Health Solutions Inc's Current Ratio
Over recent years, Vigil Health Solutions Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-03-31 | 2.56 |
| 2020-03-31 | 2.37 |
| 2019-03-31 | 3.62 |
| 2018-03-31 | 2.42 |
| 2017-03-31 | 2.37 |
This steady improvement highlights how Vigil Health Solutions Inc manages its short-term assets and liabilities over time.
Comparing Vigil Health Solutions Inc's Current Ratio to Peers
To better understand Vigil Health Solutions Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Vigil Health Solutions Inc (VGL.V) | 2.56 |
| Veradigm Inc (MDRX) | 2.95 |
| OPTIMIZERx Corp (OPRX) | 2.89 |
| Castlight Health Inc (CSLT) | 2.47 |
| NextGen Healthcare Inc (NXGN) | 2.03 |
| Inovalon Holdings Inc (INOV) | 1.97 |
Compared to its competitors, Vigil Health Solutions Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.