Ion Beam ApplicationsIOBCF +2.18%82 Current Ratio is 0.99 as of Dec. 2025, which is 23% below its 10-year median of 1.28. GuruFocus rates IOBCF with a GF Score™ of 82/100 and a GF Value™ of $18.71 (Fairly Valued). The stock has 10 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Ion Beam Applications ranks worse than 88.17% 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. Ion Beam Applications's current ratio for the quarter that ended in Dec. 2025 was 0.99.
Ion Beam Applications has a current ratio of 0.99. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Ion Beam Applications has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Ion Beam Applications's Current Ratio or its related term are showing as below:
IOBCF'
s Current Ratio Range Over the Past 10 Years
Min: 0.95 Med: 1.28 Max: 1.59
Current: 0.99
During the past 13 years, Ion Beam Applications's highest Current Ratio was 1.59. The lowest was 0.95. And the median was 1.28.
IOBCF's Current Ratio is ranked worse than 88.17% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 2.485
vs IOBCF: 0.99
Ion Beam Applications (OTCPK:IOBCF) 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.
Ion Beam Applications Current Ratio Related Terms
Ion Beam Applications Current Ratio Historical Data
* Premium members only.
The historical data trend for Ion Beam Applications'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.
For the Medical Devices subindustry, Ion Beam Applications'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.
Ion Beam Applications Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Ion Beam Applications's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ion Beam Applications'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.
Ion Beam Applications (IOBCF) has a Current Ratio of 0.99 as of Dec. 2025. This is 23% below median its historical median of 1.28. Over the past decade, Ion Beam Applications' Current Ratio has ranged from 0.95 to 1.59. According to the industry distribution chart, Ion Beam Applications ranks #753 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 88.2%.
Is Ion Beam Applications' Current Ratio too high?
Ion Beam Applications' current Current Ratio of 0.99 is 23% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.59. The Medical Devices & Instruments industry median Current Ratio is 2.49. Ion Beam Applications' value of 0.99 is 60.2% below this industry median. Based on the distribution chart, Ion Beam Applications ranks #753 out of 854 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Ion Beam Applications has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ion Beam Applications' Current Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Ion Beam Applications ranks #753 out of 854 companies for Current Ratio. This places Ion Beam Applications in the lower half of its industry. The industry median Current Ratio is 2.49. Ion Beam Applications' value of 0.99 is 60.2% below this benchmark. Historically, Ion Beam Applications' own Current Ratio has ranged from 0.95 to 1.59 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 2.49, Ion Beam Applications 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 Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.49, based on 854 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. Ion Beam Applications's current Current Ratio of 0.99 is 60.2% 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 Medical Devices & Instruments industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ion Beam Applications's current Current Ratio is 0.99, which is 23% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Beam Applications stock overvalued right now?
Based on GuruFocus' analysis, Ion Beam Applications (IOBCF) is currently considered Fairly Valued. The stock's GF Value™ is $18.71, compared to a current price of $18.90 — trading 1% above its estimated fair value. The current Current Ratio is 0.99, which is 23% below median its 10-year median of 1.28 and 60.2% below the Medical Devices & Instruments industry median of 2.49. Ion Beam Applications' overall GF Score™ is 82/100 with 10 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 Ion Beam Applications (IOBCF), the current Current Ratio is 0.99 as of Dec. 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.
Is Ion Beam Applications (IOBCF) Overvalued in 2026?
Based on GuruFocus' analysis, Ion Beam Applications stock appears to be overvalued.
The current stock price of $18.90 is trading 1% above its estimated GF Value™ of $18.71.
GuruFocus considers Ion Beam Applications to be Fairly Valued.
Key valuation signals for IOBCF:
Current Ratio: 0.99 (23% below median its 10-year median of 1.28)
GF Value™: $18.71 vs. price of $18.90 (1% above fair value)
Industry Position: 60.2% below the Medical Devices & Instruments median (#753 of 854)
No single metric tells the full story. See the IOBCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ion Beam Applications SA develops and manufactures medical devices and software solutions. The firm operates in three segments: IBA Clinical, including Proton Therapy and Dosimetry; IBA Technologies; and IBA Corporate. Proton therapy and other accelerators contribute to the majority of sales. It offers solutions for precision cancer treatment through the use of proton beams, as well as cyclotrons used for the production of radioisotopes and industrial accelerators for sterilization and ionization. The dosimetry business sells measurement and quality assurance instruments for radiotherapy and medical imaging. The firm operates in three geographical areas: Belgium, the United States, China, Germany, and India.
82GF Score
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