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. Polarean Imaging's current ratio for the quarter that ended in Jun. 2025 was 3.56.
Polarean Imaging has a current ratio of 3.56. 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 Polarean Imaging's Current Ratio or its related term are showing as below:
PLLWF'
s Current Ratio Range Over the Past 10 Years
Min: 0.59 Med: 4.64 Max: 15.87
Current: 3.56
During the past 9 years, Polarean Imaging's highest Current Ratio was 15.87. The lowest was 0.59. And the median was 4.64.
PLLWF's Current Ratio is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 2.49
vs PLLWF: 3.56
Polarean Imaging (OTCPK:PLLWF) 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.
Polarean Imaging Current Ratio Related Terms
Polarean Imaging Current Ratio Historical Data
* Premium members only.
The historical data trend for Polarean Imaging'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.
PLLWF vs FOFA, BTCY, LFWD: Current Ratio Comparison
For the Medical Devices subindustry, Polarean Imaging'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.
Polarean Imaging Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Polarean Imaging's Current Ratio distribution charts can be found below:
* The bar in red indicates where Polarean Imaging'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.
Polarean Imaging (PLLWF) has a Current Ratio of 3.56 as of Jun. 2025. This is 23% below median its historical median of 4.64. Over the past decade, Polarean Imaging's Current Ratio has ranged from 0.59 to 15.87.
Is Polarean Imaging's Current Ratio too high?
Polarean Imaging's current Current Ratio of 3.56 is 23% below median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 15.87. The Medical Devices & Instruments industry median Current Ratio is 2.49. Polarean Imaging's value of 3.56 is 43% above this industry median.
How does Polarean Imaging's Current Ratio compare to FOFA and BTCY?
Polarean Imaging's Current Ratio of 3.56 can be compared against companies in the Medical Devices & Instruments industry. The industry median Current Ratio is 2.49. Polarean Imaging's value of 3.56 is 43% above this benchmark. Historically, Polarean Imaging's own Current Ratio has ranged from 0.59 to 15.87 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 2.49, Polarean Imaging 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 2.49, 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. Polarean Imaging's current Current Ratio of 3.56 is 43% 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 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polarean Imaging's current Current Ratio is 3.56, which is 23% below median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polarean Imaging stock overvalued right now?
Polarean Imaging (PLLWF) has a current Current Ratio of 3.56. The stock's GF Value™ is $0.04, compared to a current price of $0.01 — trading 83.5% below its estimated fair value. The current Current Ratio is 3.56, which is 23% below median its 10-year median of 4.64 and 43% above the Medical Devices & Instruments industry median of 2.49. 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 Polarean Imaging (PLLWF), the current Current Ratio is 3.56 as of Jun. 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.
Polarean Imaging PLC designs and manufactures medical drug-device combination companies operating in the high-resolution medical imaging market. Its only operating segment is the development and commercialization of gas polariser devices and ancillary instruments. Geographically, it derives the majority of its revenue from the United States of America and also has a presence in Canada and the United Kingdom. The company generates revenue from products and services such as Polarisers, Parts and Upgrades, Service, and other revenue. Its product portfolio includes 9820 129Xe Hyperpolarizer, 9800 129Xe Hyperpolarizer, Polarean 3777 129Xe Hyperpolarizer Upgrade Module, Polarean 2881 Polarization Measurement Station, and others.
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