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. Freedom Care Group Holdings's current ratio for the quarter that ended in Jun. 2025 was 1.44.
Freedom Care Group Holdings has a current ratio of 1.44. It generally indicates good short-term financial strength.
The historical rank and industry rank for Freedom Care Group Holdings's Current Ratio or its related term are showing as below:
ASX:FCG'
s Current Ratio Range Over the Past 10 Years
Min: 1.3 Med: 1.67 Max: 2.16
Current: 1.44
During the past 4 years, Freedom Care Group Holdings's highest Current Ratio was 2.16. The lowest was 1.30. And the median was 1.67.
ASX:FCG's Current Ratio is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 1.47
vs ASX:FCG: 1.44
Freedom Care Group Holdings (ASX:FCG) 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.
Freedom Care Group Holdings Current Ratio Related Terms
Freedom Care Group Holdings Current Ratio Historical Data
* 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.
ASX:FCG vs HCA, DVA, THC: Current Ratio Comparison
For the Medical Care Facilities subindustry, Freedom Care Group Holdings'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.
Freedom Care Group Holdings Current Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Freedom Care Group Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where Freedom Care Group Holdings's Current 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.
Freedom Care Group Holdings (ASX:FCG) has a Current Ratio of 1.44 as of Jun. 2025. This is 14% below median its historical median of 1.67. Over the past decade, Freedom Care Group Holdings' Current Ratio has ranged from 1.30 to 2.16.
Is Freedom Care Group Holdings' Current Ratio too high?
Freedom Care Group Holdings' current Current Ratio of 1.44 is 14% below median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 2.16. The Healthcare Providers & Services industry median Current Ratio is 1.47. Freedom Care Group Holdings' value of 1.44 is 2% below this industry median.
How does Freedom Care Group Holdings' Current Ratio compare to HCA and DVA?
Freedom Care Group Holdings' Current Ratio of 1.44 can be compared against companies in the Healthcare Providers & Services industry. The industry median Current Ratio is 1.47. Freedom Care Group Holdings' value of 1.44 is 2% below this benchmark. Historically, Freedom Care Group Holdings' own Current Ratio has ranged from 1.30 to 2.16 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 1.47, Freedom Care Group Holdings 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 Healthcare Providers & Services company?
The median Current Ratio among Healthcare Providers & Services companies is 1.47, based on 683 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. Freedom Care Group Holdings's current Current Ratio of 1.44 is 2% 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 Healthcare Providers & Services industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freedom Care Group Holdings's current Current Ratio is 1.44, which is 14% below median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freedom Care Group Holdings stock overvalued right now?
Freedom Care Group Holdings (ASX:FCG) has a current Current Ratio of 1.44. The current Current Ratio is 1.44, which is 14% below median its 10-year median of 1.67 and 2% below the Healthcare Providers & Services industry median of 1.47. 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 Freedom Care Group Holdings (ASX:FCG), the current Current Ratio is 1.44 as of Jun. 2025. 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.
Freedom Care Group Holdings Ltd is an Australia-based National Disability Insurance Scheme (NDIS) services provider that delivers disability support, accommodation, and allied healthcare services, mainly in the greater Sydney region. The group operates through three service areas: Core Supports, Capacity Building Supports, and Capital Supports. Its services include Supported Independent Living (SIL), plan management, support coordination, day programs, speech therapy, occupational therapy, psychology and behaviour support, physiotherapy, podiatry, dietetics, exercise physiology, chiropractic services, assistive technology, respite care, and medium- and long-term accommodation solutions tailored to participant needs.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:FCG has been successfully added to your