Gentian Diagnostics ASFRA:6FK +3.58%73 Current Ratio is 7.43 as of Jun. 2026, which is 20% below its 10-year median of 9.23. GuruFocus rates FRA:6FK with a GF Score™ of 73/100 and a GF Value™ of €5.19 (Significantly Undervalued). Among 855 Medical Devices & Instruments companies, Gentian Diagnostics AS ranks better than 87.72% 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. Gentian Diagnostics AS's current ratio for the quarter that ended in Jun. 2026 was 7.43.
Gentian Diagnostics AS has a current ratio of 7.43. 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 Gentian Diagnostics AS's Current Ratio or its related term are showing as below:
FRA:6FK'
s Current Ratio Range Over the Past 10 Years
Min: 5.38 Med: 9.23 Max: 28.44
Current: 7.43
During the past 13 years, Gentian Diagnostics AS's highest Current Ratio was 28.44. The lowest was 5.38. And the median was 9.23.
FRA:6FK's Current Ratio is ranked better than 87.72% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 2.5
vs FRA:6FK: 7.43
Gentian Diagnostics AS (FRA:6FK) 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.
Gentian Diagnostics AS Current Ratio Related Terms
Gentian Diagnostics AS 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:6FK vs ABT, SYK, MDT: Current Ratio Comparison
For the Medical Devices subindustry, Gentian Diagnostics AS'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.
Gentian Diagnostics AS Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Gentian Diagnostics AS's Current Ratio distribution charts can be found below:
* The bar in red indicates where Gentian Diagnostics AS'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.
Gentian Diagnostics AS (FRA:6FK) has a Current Ratio of 7.43 as of Jun. 2026. This is 20% below median its historical median of 9.23. Over the past decade, Gentian Diagnostics AS's Current Ratio has ranged from 5.38 to 28.44. According to the industry distribution chart, Gentian Diagnostics AS ranks #105 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 12.3%.
Is Gentian Diagnostics AS's Current Ratio too high?
Gentian Diagnostics AS's current Current Ratio of 7.43 is 20% below median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 5.38 to a high of 28.44. The Medical Devices & Instruments industry median Current Ratio is 2.50. Gentian Diagnostics AS's value of 7.43 is 197.2% above this industry median. Based on the distribution chart, Gentian Diagnostics AS ranks #105 out of 855 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Gentian Diagnostics AS has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gentian Diagnostics AS's Current Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Gentian Diagnostics AS ranks #105 out of 855 companies for Current Ratio. This places Gentian Diagnostics AS in the top 12% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.50. Gentian Diagnostics AS's value of 7.43 is 197.2% above this benchmark. Historically, Gentian Diagnostics AS's own Current Ratio has ranged from 5.38 to 28.44 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 2.50, Gentian Diagnostics AS 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 2.50, 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. Gentian Diagnostics AS's current Current Ratio of 7.43 is 197.2% 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 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gentian Diagnostics AS's current Current Ratio is 7.43, which is 20% below median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gentian Diagnostics AS stock overvalued right now?
Based on GuruFocus' analysis, Gentian Diagnostics AS (FRA:6FK) is currently considered Significantly Undervalued. The stock's GF Value™ is €5.19, compared to a current price of €3.47 — trading 33.1% below its estimated fair value. The current Current Ratio is 7.43, which is 20% below median its 10-year median of 9.23 and 197.2% above the Medical Devices & Instruments industry median of 2.50. Gentian Diagnostics AS's overall GF Score™ is 73/100. 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 Gentian Diagnostics AS (FRA:6FK), the current Current Ratio is 7.43 as of Jun. 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 Gentian Diagnostics AS (FRA:6FK) Overvalued in 2026?
Based on GuruFocus' analysis, Gentian Diagnostics AS stock appears to be undervalued.
The current stock price of €3.47 is trading 33.1% below its estimated GF Value™ of €5.19.
GuruFocus considers Gentian Diagnostics AS to be Significantly Undervalued.
Key valuation signals for FRA:6FK:
Current Ratio: 7.43 (20% below median its 10-year median of 9.23)
GF Value™: €5.19 vs. price of €3.47 (33.1% below fair value)
Industry Position: 197.2% above the Medical Devices & Instruments median (#105 of 855)
No single metric tells the full story. See the FRA:6FK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gentian Diagnostics AS operates as a medical diagnostics company in Norway. It develops and produces in vitro diagnostic reagents (IVD) for medical diagnostics and research. Its portfolio and pipeline of reagents span areas such as inflammation, severe infections, kidney diseases, heart failure, and veterinary healthcare. The company's product portfolio includes the Gentian Cystatin C Immunoassay, the GCAL circulating calprotectin immunoassay (IVDR), the Gentian Retinol Binding Protein (RBP), and the Gentian Canine CRP, among others. Geographically, it generates a majority of its revenue from Europe, followed by Asia and the United States of America.
73GF Score
Get the complete analysis for FRA:6FK
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:6FK has been successfully added to your 
