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Picard MedicalPMI -2.48%4 Cash Ratio is 0.01 as of Mar. 2026, which is 67% below its 10-year median of 0.03. GuruFocus rates PMI with a GF Score™ of 4/100. The stock has 4 warning signs investors should review. Among 840 Medical Devices & Instruments companies, Picard Medical ranks worse than 98.21% on this metric.
Picard Medical has a Cash Ratio of 0.01. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Picard Medical's Cash Ratio or its related term are showing as below:
PMI'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.52
Current: 0.01
During the past 4 years, Picard Medical's highest Cash Ratio was 0.52. The lowest was 0.01. And the median was 0.03.
PMI's Cash Ratio is ranked worse than 98.21% of 840
companies
in the Medical Devices & Instruments industry
Industry Median: 0.97
vs PMI: 0.01
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Picard Medical Cash Ratio Related Terms
Picard Medical Cash Ratio Historical Data
* Premium members only.
The historical data trend for Picard Medical's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Medical Devices subindustry, Picard Medical's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Picard Medical Cash Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Picard Medical's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Picard Medical's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Picard Medical (PMI) has a Cash Ratio of 0.01 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Picard Medical and its competitors. This is 67% below median its historical median of 0.03. Over the past decade, Picard Medical's Cash Ratio has ranged from 0.01 to 0.52. According to the industry distribution chart, Picard Medical ranks #825 out of 840 companies in the Medical Devices & Instruments industry, placing it in the top 98.2%.
Is Picard Medical's Cash Ratio too high?
Picard Medical's current Cash Ratio of 0.01 is 67% below median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.52. The Medical Devices & Instruments industry median Cash Ratio is 0.97. Picard Medical's value of 0.01 is 99% below this industry median. Based on the distribution chart, Picard Medical ranks #825 out of 840 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Picard Medical has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Picard Medical's Cash Ratio compare to SINT and HSCS?
According to the Medical Devices & Instruments industry distribution chart, Picard Medical ranks #825 out of 840 companies for Cash Ratio. This places Picard Medical in the lower half of its industry. The industry median Cash Ratio is 0.97. Picard Medical's value of 0.01 is 99% below this benchmark. Historically, Picard Medical's own Cash Ratio has ranged from 0.01 to 0.52 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.97, Picard Medical has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Medical Devices & Instruments company?
The median Cash Ratio among Medical Devices & Instruments companies is 0.97, based on 840 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Picard Medical's current Cash Ratio of 0.01 is 99% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Picard Medical and its competitors. For the Medical Devices & Instruments industry, the median Cash Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Picard Medical's current Cash Ratio is 0.01, which is 67% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Picard Medical stock overvalued right now?
Picard Medical (PMI) has a current Cash Ratio of 0.01. The current Cash Ratio is 0.01, which is 67% below median its 10-year median of 0.03 and 99% below the Medical Devices & Instruments industry median of 0.97. Picard Medical's overall GF Score™ is 4/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Picard Medical (PMI), the current Cash Ratio is 0.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Picard Medical Inc operates through its wholly owned subsidiary, a medical technology company focused on developing, manufacturing, and commercializing the SynCardia TAH, an implantable total artificial heart system. The company is engaged in designing, manufacturing, producing, supplying, marketing, and selling medical device products, including the SynCardia TAH, which is designed to assume the full function of a failed human heart in patients suffering from advanced heart failure. The SynCardia TAH replaces both the left and right ventricles as well as all four heart valves.
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