Attana ABNGM:ATANA Current Ratio is 1.78 as of Mar. 2026, which is 19% above its 10-year median of 1.50. The stock has 4 warning signs investors should review. Among 214 Medical Diagnostics & Research companies, Attana AB ranks worse than 53.74% 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. Attana AB's current ratio for the quarter that ended in Mar. 2026 was 1.78.
Attana AB has a current ratio of 1.78. It generally indicates good short-term financial strength.
The historical rank and industry rank for Attana AB's Current Ratio or its related term are showing as below:
NGM:ATANA'
s Current Ratio Range Over the Past 10 Years
Min: 0.39 Med: 1.5 Max: 12.9
Current: 1.78
During the past 9 years, Attana AB's highest Current Ratio was 12.90. The lowest was 0.39. And the median was 1.50.
NGM:ATANA's Current Ratio is ranked worse than 53.74% of 214
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.06
vs NGM:ATANA: 1.78
Attana AB (NGM:ATANA) 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.
Attana AB Current Ratio Related Terms
Attana AB Current Ratio Historical Data
* Premium members only.
The historical data trend for Attana AB'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.
NGM:ATANA vs TMO, DHR, IDXX: Current Ratio Comparison
For the Diagnostics & Research subindustry, Attana AB'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.
Attana AB Current Ratio vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Attana AB's Current Ratio distribution charts can be found below:
* The bar in red indicates where Attana AB'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.
Attana AB (NGM:ATANA) has a Current Ratio of 1.78 as of Mar. 2026. This is 19% above median its historical median of 1.50. Over the past decade, Attana AB's Current Ratio has ranged from 0.39 to 12.90. According to the industry distribution chart, Attana AB ranks #115 out of 214 companies in the Medical Diagnostics & Research industry, placing it in the top 53.7%.
Is Attana AB's Current Ratio too high?
Attana AB's current Current Ratio of 1.78 is 19% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 12.90. The Medical Diagnostics & Research industry median Current Ratio is 2.06. Attana AB's value of 1.78 is 13.6% below this industry median. Based on the distribution chart, Attana AB ranks #115 out of 214 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint.
How does Attana AB's Current Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Attana AB ranks #115 out of 214 companies for Current Ratio. This places Attana AB in the lower half of its industry. The industry median Current Ratio is 2.06. Attana AB's value of 1.78 is 13.6% below this benchmark. Historically, Attana AB's own Current Ratio has ranged from 0.39 to 12.90 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 2.06, Attana AB 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 Diagnostics & Research company?
The median Current Ratio among Medical Diagnostics & Research companies is 2.06, based on 214 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. Attana AB's current Current Ratio of 1.78 is 13.6% 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 Diagnostics & Research industry, the median Current Ratio is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Attana AB's current Current Ratio is 1.78, which is 19% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attana AB stock overvalued right now?
Attana AB (NGM:ATANA) has a current Current Ratio of 1.78. The current Current Ratio is 1.78, which is 19% above median its 10-year median of 1.50 and 13.6% below the Medical Diagnostics & Research industry median of 2.06. 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 Attana AB (NGM:ATANA), the current Current Ratio is 1.78 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.
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