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US Physical TherapyUSPH +1.08%83 Cash Ratio is 0.24 as of Mar. 2026, which is 50% below its 10-year median of 0.48. GuruFocus rates USPH with a GF Score™ of 83/100 and a GF Value™ of $108.37 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 663 Healthcare Providers & Services companies, US Physical Therapy ranks worse than 73.91% on this metric.
US Physical Therapy has a Cash Ratio of 0.24. 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 US Physical Therapy's Cash Ratio or its related term are showing as below:
USPH'
s Cash Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.48 Max: 1.87
Current: 0.24
During the past 13 years, US Physical Therapy's highest Cash Ratio was 1.87. The lowest was 0.20. And the median was 0.48.
USPH's Cash Ratio is ranked worse than 73.91% of 663
companies
in the Healthcare Providers & Services industry
Industry Median: 0.59
vs USPH: 0.24
US Physical Therapy (NYSE:USPH) Cash Ratio Explanation
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.
US Physical Therapy Cash Ratio Related Terms
US Physical Therapy Cash Ratio Historical Data
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The historical data trend for US Physical Therapy'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 Care Facilities subindustry, US Physical Therapy'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.
US Physical Therapy Cash Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, US Physical Therapy's Cash Ratio distribution charts can be found below:
* The bar in red indicates where US Physical Therapy'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.
US Physical Therapy (USPH) has a Cash Ratio of 0.24 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on US Physical Therapy and its competitors. This is 50% below median its historical median of 0.48. Over the past decade, US Physical Therapy's Cash Ratio has ranged from 0.20 to 1.87. According to the industry distribution chart, US Physical Therapy ranks #490 out of 663 companies in the Healthcare Providers & Services industry, placing it in the top 73.9%.
Is US Physical Therapy's Cash Ratio too high?
US Physical Therapy's current Cash Ratio of 0.24 is 50% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.87. The Healthcare Providers & Services industry median Cash Ratio is 0.59. US Physical Therapy's value of 0.24 is 59.3% below this industry median. Based on the distribution chart, US Physical Therapy ranks #490 out of 663 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, US Physical Therapy has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does US Physical Therapy's Cash Ratio compare to NUTX and AMN?
According to the Healthcare Providers & Services industry distribution chart, US Physical Therapy ranks #490 out of 663 companies for Cash Ratio. This places US Physical Therapy in the lower half of its industry. The industry median Cash Ratio is 0.59. US Physical Therapy's value of 0.24 is 59.3% below this benchmark. Historically, US Physical Therapy's own Cash Ratio has ranged from 0.20 to 1.87 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.59, US Physical Therapy 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 Healthcare Providers & Services company?
The median Cash Ratio among Healthcare Providers & Services companies is 0.59, based on 663 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. US Physical Therapy's current Cash Ratio of 0.24 is 59.3% 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 US Physical Therapy and its competitors. For the Healthcare Providers & Services industry, the median Cash Ratio is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Physical Therapy's current Cash Ratio is 0.24, which is 50% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Physical Therapy stock overvalued right now?
Based on GuruFocus' analysis, US Physical Therapy (USPH) is currently considered Modestly Undervalued. The stock's GF Value™ is $108.37, compared to a current price of $79.85 — trading 26.3% below its estimated fair value. The current Cash Ratio is 0.24, which is 50% below median its 10-year median of 0.48 and 59.3% below the Healthcare Providers & Services industry median of 0.59. US Physical Therapy's overall GF Score™ is 83/100 with 7 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 US Physical Therapy (USPH), the current Cash Ratio is 0.24 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.
Is US Physical Therapy (USPH) Overvalued in 2026?
Based on GuruFocus' analysis, US Physical Therapy stock appears to be undervalued.
The current stock price of $79.85 is trading 26.3% below its estimated GF Value™ of $108.37.
GuruFocus considers US Physical Therapy to be Modestly Undervalued.
Key valuation signals for USPH:
Cash Ratio: 0.24 (50% below median its 10-year median of 0.48)
GF Value™: $108.37 vs. price of $79.85 (26.3% below fair value)
Industry Position: 59.3% below the Healthcare Providers & Services median (#490 of 663)
No single metric tells the full story. See the USPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
US Physical Therapy Inc through its subsidiaries operate outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. The principal payment sources for the clinics' services are managed care programs, commercial health insurance, Medicare/Medicaid, workers' compensation insurance, and proceeds from personal injury cases. Its operating segment includes Physical therapy operations and Industrial injury prevention services. The company generates maximum revenue from the Physical therapy operations segment.
83GF Score
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