Tactile Systems TechnologyFRA:3L3 -0.53%76 Current Ratio is 4.24 as of Mar. 2026, which is 4% below its 10-year median of 4.41. GuruFocus rates FRA:3L3 with a GF Score™ of 76/100 and a GF Value™ of €16.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Tactile Systems Technology ranks better than 71.35% on this metric.
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. Tactile Systems Technology's current ratio for the quarter that ended in Mar. 2026 was 4.24.
Tactile Systems Technology has a current ratio of 4.24. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Tactile Systems Technology's Current Ratio or its related term are showing as below:
FRA:3L3'
s Current Ratio Range Over the Past 10 Years
Min: 1.86 Med: 4.41 Max: 6.49
Current: 4.24
During the past 13 years, Tactile Systems Technology's highest Current Ratio was 6.49. The lowest was 1.86. And the median was 4.41.
FRA:3L3's Current Ratio is ranked better than 71.35% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 2.47
vs FRA:3L3: 4.24
Tactile Systems Technology (FRA:3L3) 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.
Tactile Systems Technology Current Ratio Related Terms
Tactile Systems Technology 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.
FRA:3L3 vs SSII, BVS, BBNX: Current Ratio Comparison
For the Medical Devices subindustry, Tactile Systems Technology'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.
Tactile Systems Technology Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tactile Systems Technology's Current Ratio distribution charts can be found below:
* The bar in red indicates where Tactile Systems Technology'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.
Tactile Systems Technology (FRA:3L3) has a Current Ratio of 4.24 as of Mar. 2026. This is near median its historical median of 4.41. Over the past decade, Tactile Systems Technology's Current Ratio has ranged from 1.86 to 6.49. According to the industry distribution chart, Tactile Systems Technology ranks #245 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 28.7%.
Is Tactile Systems Technology's Current Ratio too high?
Tactile Systems Technology's current Current Ratio of 4.24 is near median its 10-year median of 4.41. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 6.49. The Medical Devices & Instruments industry median Current Ratio is 2.47. Tactile Systems Technology's value of 4.24 is 71.7% above this industry median. Based on the distribution chart, Tactile Systems Technology ranks #245 out of 855 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Tactile Systems Technology has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tactile Systems Technology's Current Ratio compare to SSII and BVS?
According to the Medical Devices & Instruments industry distribution chart, Tactile Systems Technology ranks #245 out of 855 companies for Current Ratio. This puts Tactile Systems Technology in the upper half of its industry. The industry median Current Ratio is 2.47. Tactile Systems Technology's value of 4.24 is 71.7% above this benchmark. Historically, Tactile Systems Technology's own Current Ratio has ranged from 1.86 to 6.49 over the past decade. While the company's 10-year median is 4.41 vs. the industry median of 2.47, Tactile Systems Technology has consistently been above 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 Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.47, based on 855 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. Tactile Systems Technology's current Current Ratio of 4.24 is 71.7% above 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 Medical Devices & Instruments industry, the median Current Ratio is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tactile Systems Technology's current Current Ratio is 4.24, which is near median its own 10-year median of 4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tactile Systems Technology stock overvalued right now?
Based on GuruFocus' analysis, Tactile Systems Technology (FRA:3L3) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.59, compared to a current price of €25.84 — trading 55.8% above its estimated fair value. The current Current Ratio is 4.24, which is near median its 10-year median of 4.41 and 71.7% above the Medical Devices & Instruments industry median of 2.47. Tactile Systems Technology's overall GF Score™ is 76/100 with 3 warning signs to review. 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 Tactile Systems Technology (FRA:3L3), the current Current Ratio is 4.24 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 Tactile Systems Technology (FRA:3L3) Overvalued in 2026?
Based on GuruFocus' analysis, Tactile Systems Technology stock appears to be overvalued.
The current stock price of €25.84 is trading 55.8% above its estimated GF Value™ of €16.59.
GuruFocus considers Tactile Systems Technology to be Significantly Overvalued.
Key valuation signals for FRA:3L3:
Current Ratio: 4.24 (near median its 10-year median of 4.41)
GF Value™: €16.59 vs. price of €25.84 (55.8% above fair value)
Industry Position: 71.7% above the Medical Devices & Instruments median (#245 of 855)
No single metric tells the full story. See the FRA:3L3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system, provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.
76GF Score
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