Third Age Health Services (NZSE:TAH) Current Ratio: 1.05 (As of Mar. 2026) — Near Median


NZSE:TAH Third Age Health Services Ltd NZSE:TAH
87 GF Score
Price NZ$4.60
GF Value NZ$3.41
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Third Age Health Services Current Ratio?

Third Age Health Services NZSE:TAH +0.22% 87 Current Ratio is 1.05 as of Mar. 2026, which is 4% below its 10-year median of 1.09. GuruFocus rates NZSE:TAH with a GF Score™ of 87/100 and a GF Value™ of NZ$3.41 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 678 Healthcare Providers & Services companies, Third Age Health Services ranks worse than 71.39% 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. Third Age Health Services's current ratio for the quarter that ended in Mar. 2026 was 1.05.

Third Age Health Services has a current ratio of 1.05. It generally indicates good short-term financial strength.

The historical rank and industry rank for Third Age Health Services's Current Ratio or its related term are showing as below:

NZSE:TAH' s Current Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.09   Max: 1.51
Current: 1.05

During the past 6 years, Third Age Health Services's highest Current Ratio was 1.51. The lowest was 0.64. And the median was 1.09.

NZSE:TAH's Current Ratio is ranked worse than
71.39% of 678 companies
in the Healthcare Providers & Services industry
Industry Median: 1.48 vs NZSE:TAH: 1.05

Third Age Health Services  (NZSE:TAH) 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.


Third Age Health Services Current Ratio Related Terms


Third Age Health Services Current Ratio Historical Data

* Premium members only.

The historical data trend for Third Age Health Services'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.

Third Age Health Services Current Ratio Chart

Third Age Health Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.51 0.84 0.64 1.13 1.05

Third Age Health Services Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.01 0.64 1.04 1.13 1.05

NZSE:TAH vs HCA, THC, DVA: Current Ratio Comparison

For the Medical Care Facilities subindustry, Third Age Health Services'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.


Third Age Health Services Current Ratio vs Healthcare Providers & Services Industry

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

* The bar in red indicates where Third Age Health Services's Current Ratio falls into.


NZSE:TAH
87GF Score
Third Age Health Services Ltd NZSE:TAH
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Third Age Health Services 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.

Third Age Health Services'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 )
=4.331/4.12
=1.05

Third Age Health Services'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 )
=4.331/4.12
=1.05

* 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 1.05 mean?
Third Age Health Services (NZSE:TAH) has a Current Ratio of 1.05 as of Mar. 2026. This is near median its historical median of 1.09. Over the past decade, Third Age Health Services' Current Ratio has ranged from 0.64 to 1.51. According to the industry distribution chart, Third Age Health Services ranks #484 out of 678 companies in the Healthcare Providers & Services industry, placing it in the top 71.4%.
Is Third Age Health Services' Current Ratio too high?
Third Age Health Services' current Current Ratio of 1.05 is near median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.51. The Healthcare Providers & Services industry median Current Ratio is 1.48. Third Age Health Services' value of 1.05 is 29.1% below this industry median. Based on the distribution chart, Third Age Health Services ranks #484 out of 678 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Third Age Health Services has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Third Age Health Services' Current Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Third Age Health Services ranks #484 out of 678 companies for Current Ratio. This places Third Age Health Services in the lower half of its industry. The industry median Current Ratio is 1.48. Third Age Health Services' value of 1.05 is 29.1% below this benchmark. Historically, Third Age Health Services' own Current Ratio has ranged from 0.64 to 1.51 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.48, Third Age Health Services 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 1.48, 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. Third Age Health Services's current Current Ratio of 1.05 is 29.1% 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 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Third Age Health Services's current Current Ratio is 1.05, which is near median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Age Health Services stock overvalued right now?
Based on GuruFocus' analysis, Third Age Health Services (NZSE:TAH) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$3.41, compared to a current price of NZ$4.60 — trading 34.9% above its estimated fair value. The current Current Ratio is 1.05, which is near median its 10-year median of 1.09 and 29.1% below the Healthcare Providers & Services industry median of 1.48. Third Age Health Services' overall GF Score™ is 87/100 with 2 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 Third Age Health Services (NZSE:TAH), the current Current Ratio is 1.05 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 Third Age Health Services (NZSE:TAH) Overvalued in 2026?

Based on GuruFocus' analysis, Third Age Health Services stock appears to be overvalued. The current stock price of NZ$4.60 is trading 34.9% above its estimated GF Value™ of NZ$3.41. GuruFocus considers Third Age Health Services to be Significantly Overvalued.

Key valuation signals for NZSE:TAH:

  • Current Ratio: 1.05 (near median its 10-year median of 1.09)
  • GF Value™: NZ$3.41 vs. price of NZ$4.60 (34.9% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 29.1% below the Healthcare Providers & Services median (#484 of 678)

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


Third Age Health Services Business Description

Address 536 Kennedy Road, Greenmeadows, Napier, NZL, 4112
Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. The services offered by the company include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover. The company segment includes: Aged medical residential care services, being the provision of medical care services to the aged care sector. General practice medical services, being the provision of primary care services to the community.
87GF Score

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

NZ$4.60
Price
NZ$3.41
GF Value