AMHCW (Amplitude Healthcare Acquisition) Current Ratio: 1.29 (As of Jun. 2021) — 71% Below Median


What is Amplitude Healthcare Acquisition Current Ratio?

Amplitude Healthcare Acquisition AMHCW Current Ratio is 1.29 as of Jun. 2021, which is 71% below its 10-year median of 4.38. The stock has 1 warning sign investors should review.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Amplitude Healthcare Acquisition's current ratio for the quarter that ended in Jun. 2021 was 1.29.

Amplitude Healthcare Acquisition has a current ratio of 1.29. It generally indicates good short-term financial strength.

The historical rank and industry rank for Amplitude Healthcare Acquisition's Current Ratio or its related term are showing as below:

AMHCW' s Current Ratio Range Over the Past 10 Years
Min: 1.29   Med: 4.38   Max: 8.12
Current: 1.29

During the past 2 years, Amplitude Healthcare Acquisition's highest Current Ratio was 8.12. The lowest was 1.29. And the median was 4.38.

AMHCW's Current Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.1 vs AMHCW: 1.29

Amplitude Healthcare Acquisition  (NAS:AMHCW) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.

Amplitude Healthcare Acquisition Current Ratio Related Terms

Amplitude Healthcare Acquisition Current Ratio Historical Data

* Premium members only.

The historical data trend for Amplitude Healthcare Acquisition's Current 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.

Amplitude Healthcare Acquisition Current Ratio Chart

Amplitude Healthcare Acquisition Annual Data
Trend Dec19 Dec20
Current Ratio
13.86 3.43

Amplitude Healthcare Acquisition Semi-Annual Data
Aug19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Current Ratio Get a 7-Day Free Trial 4.58 5.36 3.43 4.18 1.29

AMHCW vs : Current Ratio Comparison

For the Shell Companies subindustry, Amplitude Healthcare Acquisition's Current Ratio, along with its competitors' market caps and Current 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.

Amplitude Healthcare Acquisition Current Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Amplitude Healthcare Acquisition's Current Ratio distribution charts can be found below:

* The bar in red indicates where Amplitude Healthcare Acquisition's Current Ratio falls into.


Amplitude Healthcare Acquisition Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Amplitude Healthcare Acquisition's Current Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Current Ratio (A: Dec. 2020 )=Total Current Assets (A: Dec. 2020 )/Total Current Liabilities (A: Dec. 2020 )
=0.922/0.269
=3.43

Amplitude Healthcare Acquisition's Current Ratio for the quarter that ended in Jun. 2021 is calculated as

Current Ratio (Q: Jun. 2021 )=Total Current Assets (Q: Jun. 2021 )/Total Current Liabilities (Q: Jun. 2021 )
=0.423/0.329
=1.29

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.29 mean?
Amplitude Healthcare Acquisition (AMHCW) has a Current Ratio of 1.29 as of Jun. 2021. This is 71% below median its historical median of 4.38. Over the past decade, Amplitude Healthcare Acquisition's Current Ratio has ranged from 1.29 to 8.12.
Is Amplitude Healthcare Acquisition's Current Ratio too high?
Amplitude Healthcare Acquisition's current Current Ratio of 1.29 is 71% below median its 10-year median of 4.38. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 8.12. The Diversified Financial Services industry median Current Ratio is 3.10. Amplitude Healthcare Acquisition's value of 1.29 is 58.4% below this industry median.
How does Amplitude Healthcare Acquisition's Current Ratio compare to ?
Amplitude Healthcare Acquisition's Current Ratio of 1.29 can be compared against companies in the Diversified Financial Services industry. The industry median Current Ratio is 3.10. Amplitude Healthcare Acquisition's value of 1.29 is 58.4% below this benchmark. Historically, Amplitude Healthcare Acquisition's own Current Ratio has ranged from 1.29 to 8.12 over the past decade. While the company's 10-year median is 4.38 vs. the industry median of 3.10, Amplitude Healthcare Acquisition 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 Current Ratio for a Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 3.10, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amplitude Healthcare Acquisition's current Current Ratio of 1.29 is 58.4% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Diversified Financial Services industry, the median Current Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amplitude Healthcare Acquisition's current Current Ratio is 1.29, which is 71% below median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amplitude Healthcare Acquisition stock overvalued right now?
Amplitude Healthcare Acquisition (AMHCW) has a current Current Ratio of 1.29. The current Current Ratio is 1.29, which is 71% below median its 10-year median of 4.38 and 58.4% below the Diversified Financial Services industry median of 3.10. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Amplitude Healthcare Acquisition (AMHCW), the current Current Ratio is 1.29 as of Jun. 2021. 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.

Amplitude Healthcare Acquisition Business Description

Comparable Companies
Address 1177 Avenue of the Americas, Floor 40, New York, NY, USA, 10036
Amplitude Healthcare Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.