Green Cross Health (NZSE:GXH) Current Ratio: 0.98 (As of Mar. 2026) — Near Median

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NZSE:GXH Green Cross Health Ltd NZSE:GXH
63 GF Score
Price NZ$1.96
GF Value NZ$1.08
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Green Cross Health Current Ratio?

Green Cross Health NZSE:GXH -0.25% 63 Current Ratio is 0.98 as of Mar. 2026, which is 7% above its 10-year median of 0.92. GuruFocus rates NZSE:GXH with a GF Score™ of 63/100 and a GF Value™ of NZ$1.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 678 Healthcare Providers & Services companies, Green Cross Health ranks worse than 74.19% 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. Green Cross Health's current ratio for the quarter that ended in Mar. 2026 was 0.98.

Green Cross Health has a current ratio of 0.98. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Green Cross Health 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 Green Cross Health's Current Ratio or its related term are showing as below:

NZSE:GXH' s Current Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.92   Max: 1.28
Current: 0.98

During the past 13 years, Green Cross Health's highest Current Ratio was 1.28. The lowest was 0.65. And the median was 0.92.

NZSE:GXH's Current Ratio is ranked worse than
74.19% of 678 companies
in the Healthcare Providers & Services industry
Industry Median: 1.47 vs NZSE:GXH: 0.98

Green Cross Health  (NZSE:GXH) 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.


Green Cross Health Current Ratio Related Terms


Green Cross Health Current Ratio Historical Data

* Premium members only.

The historical data trend for Green Cross Health'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.

Green Cross Health Current Ratio Chart

Green Cross Health Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.28 0.91 0.97 0.98

Green Cross Health Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.95 0.97 0.95 0.98

Green Cross Health Current Ratio Competitor Comparison

For the Pharmaceutical Retailers subindustry, Green Cross Health'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.


Green Cross Health Current Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Green Cross Health's Current Ratio distribution charts can be found below:

* The bar in red indicates where Green Cross Health's Current Ratio falls into.


NZSE:GXH
63GF Score
Green Cross Health Ltd NZSE:GXH
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Green Cross Health Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Green Cross Health's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=90.101/92.085
=0.98

Green Cross Health's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=90.101/92.085
=0.98

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.98 mean?
Green Cross Health (NZSE:GXH) has a Current Ratio of 0.98 as of Mar. 2026. This is near median its historical median of 0.92. Over the past decade, Green Cross Health's Current Ratio has ranged from 0.65 to 1.28. According to the industry distribution chart, Green Cross Health ranks #503 out of 678 companies in the Healthcare Providers & Services industry, placing it in the top 74.2%.
Is Green Cross Health's Current Ratio too high?
Green Cross Health's current Current Ratio of 0.98 is near median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.28. The Healthcare Providers & Services industry median Current Ratio is 1.47. Green Cross Health's value of 0.98 is 33.3% below this industry median. Based on the distribution chart, Green Cross Health ranks #503 out of 678 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Green Cross Health has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Green Cross Health's Current Ratio compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Green Cross Health ranks #503 out of 678 companies for Current Ratio. This places Green Cross Health in the lower half of its industry. The industry median Current Ratio is 1.47. Green Cross Health's value of 0.98 is 33.3% below this benchmark. Historically, Green Cross Health's own Current Ratio has ranged from 0.65 to 1.28 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 1.47, Green Cross Health 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 678 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. Green Cross Health's current Current Ratio of 0.98 is 33.3% 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. Green Cross Health's current Current Ratio is 0.98, which is near median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Cross Health stock overvalued right now?
Based on GuruFocus' analysis, Green Cross Health (NZSE:GXH) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$1.08, compared to a current price of NZ$1.96 — trading 81.5% above its estimated fair value. The current Current Ratio is 0.98, which is near median its 10-year median of 0.92 and 33.3% below the Healthcare Providers & Services industry median of 1.47. Green Cross Health's overall GF Score™ is 63/100 with 7 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 Green Cross Health (NZSE:GXH), the current Current Ratio is 0.98 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 Green Cross Health (NZSE:GXH) Overvalued in 2026?

Based on GuruFocus' analysis, Green Cross Health stock appears to be overvalued. The current stock price of NZ$1.96 is trading 81.5% above its estimated GF Value™ of NZ$1.08. GuruFocus considers Green Cross Health to be Significantly Overvalued.

Key valuation signals for NZSE:GXH:

  • Current Ratio: 0.98 (near median its 10-year median of 0.92)
  • GF Value™: NZ$1.08 vs. price of NZ$1.96 (81.5% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 33.3% below the Healthcare Providers & Services median (#503 of 678)

No single metric tells the full story. See the NZSE:GXH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Green Cross Health Business Description

Address 602 Great South Road, Ellerslie, Ground Floor, Building B, Millennium Centre, Auckland, NTL, NZL, 1051
Green Cross Health Ltd is engaged in providing healthcare services in New Zealand. The reportable segments of the group are Pharmacy services and medical services. The majority of the revenue is generated from the Pharmacy services segment. The pharmacy services segment provides retail and dispensary services, and the medical services segment provides GP, nursing, and urgent care services. The majority of its revenue is generated from the pharmacy segment.
63GF Score

Get the complete analysis for NZSE:GXH

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$1.96
Price
NZ$1.08
GF Value