ICARES Medicus (ROCO:6612) Current Ratio: 2.04 (As of Dec. 2025) — 70% Below Median


ROCO:6612 ICARES Medicus Inc ROCO:6612
84 GF Score
Price NT$74.30
GF Value NT$189.60
Valuation Possible Value Trap
! 7 Warning Signs
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What is ICARES Medicus Current Ratio?

ICARES Medicus ROCO:6612 -2.37% 84 Current Ratio is 2.04 as of Dec. 2025, which is 70% below its 10-year median of 6.89. GuruFocus rates ROCO:6612 with a GF Score™ of 84/100 and a GF Value™ of NT$189.60 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 853 Medical Devices & Instruments companies, ICARES Medicus ranks worse than 61.2% 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. ICARES Medicus's current ratio for the quarter that ended in Dec. 2025 was 2.04.

ICARES Medicus has a current ratio of 2.04. It generally indicates good short-term financial strength.

The historical rank and industry rank for ICARES Medicus's Current Ratio or its related term are showing as below:

ROCO:6612' s Current Ratio Range Over the Past 10 Years
Min: 2.04   Med: 6.89   Max: 19.3
Current: 2.04

During the past 13 years, ICARES Medicus's highest Current Ratio was 19.30. The lowest was 2.04. And the median was 6.89.

ROCO:6612's Current Ratio is ranked worse than
61.2% of 853 companies
in the Medical Devices & Instruments industry
Industry Median: 2.49 vs ROCO:6612: 2.04

ICARES Medicus  (ROCO:6612) 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.


ICARES Medicus Current Ratio Related Terms


ICARES Medicus Current Ratio Historical Data

* Premium members only.

The historical data trend for ICARES Medicus'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.

ICARES Medicus Current Ratio Chart

ICARES Medicus Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.81 7.11 10.45 2.46 2.04

ICARES Medicus Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.46 2.22 1.90 1.94 2.04

ROCO:6612 vs ISRG, BDX, MDLN: Current Ratio Comparison

For the Medical Instruments & Supplies subindustry, ICARES Medicus'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.


ICARES Medicus Current Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ICARES Medicus's Current Ratio distribution charts can be found below:

* The bar in red indicates where ICARES Medicus's Current Ratio falls into.


ROCO:6612
84GF Score
ICARES Medicus Inc ROCO:6612
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ICARES Medicus 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.

ICARES Medicus's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=1701.336/833.459
=2.04

ICARES Medicus's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=1701.336/833.459
=2.04

* 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 2.04 mean?
ICARES Medicus (ROCO:6612) has a Current Ratio of 2.04 as of Dec. 2025. This is 70% below median its historical median of 6.89. Over the past decade, ICARES Medicus' Current Ratio has ranged from 2.04 to 19.30. According to the industry distribution chart, ICARES Medicus ranks #522 out of 853 companies in the Medical Devices & Instruments industry, placing it in the top 61.2%.
Is ICARES Medicus' Current Ratio too high?
ICARES Medicus' current Current Ratio of 2.04 is 70% below median its 10-year median of 6.89. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 19.30. The Medical Devices & Instruments industry median Current Ratio is 2.49. ICARES Medicus' value of 2.04 is 18.1% below this industry median. Based on the distribution chart, ICARES Medicus ranks #522 out of 853 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, ICARES Medicus has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICARES Medicus' Current Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, ICARES Medicus ranks #522 out of 853 companies for Current Ratio. This places ICARES Medicus in the lower half of its industry. The industry median Current Ratio is 2.49. ICARES Medicus' value of 2.04 is 18.1% below this benchmark. Historically, ICARES Medicus' own Current Ratio has ranged from 2.04 to 19.30 over the past decade. While the company's 10-year median is 6.89 vs. the industry median of 2.49, ICARES Medicus 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 853 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. ICARES Medicus's current Current Ratio of 2.04 is 18.1% 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 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. ICARES Medicus's current Current Ratio is 2.04, which is 70% below median its own 10-year median of 6.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICARES Medicus stock overvalued right now?
Based on GuruFocus' analysis, ICARES Medicus (ROCO:6612) is currently considered Possible Value Trap. The stock's GF Value™ is NT$189.60, compared to a current price of NT$74.30 — trading 60.8% below its estimated fair value. The current Current Ratio is 2.04, which is 70% below median its 10-year median of 6.89 and 18.1% below the Medical Devices & Instruments industry median of 2.49. ICARES Medicus' overall GF Score™ is 84/100 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 ICARES Medicus (ROCO:6612), the current Current Ratio is 2.04 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 ICARES Medicus (ROCO:6612) Overvalued in 2026?

Based on GuruFocus' analysis, ICARES Medicus stock appears to be undervalued. The current stock price of NT$74.30 is trading 60.8% below its estimated GF Value™ of NT$189.60. GuruFocus considers ICARES Medicus to be Possible Value Trap.

Key valuation signals for ROCO:6612:

  • Current Ratio: 2.04 (70% below median its 10-year median of 6.89)
  • GF Value™: NT$189.60 vs. price of NT$74.30 (60.8% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 18.1% below the Medical Devices & Instruments median (#522 of 853)

No single metric tells the full story. See the ROCO:6612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICARES Medicus Business Description

Address Section 2, Shengyi Road, No. 16, 4th Floor, Hsinchu County, Zhubei, TWN, 30261
ICARES Medicus Inc is engaged in providing high-grade nanomedical lubricious coatings and various surface treatments for implantable or interventional medical devices. In addition, it also designs, develops, manufactures, and sells intraocular lenses and nanomedical devices. The company's operating segments are Europe and America, which derive maximum revenue, China, and R.O.C. Geographically, it generates maximum revenue from the United States, followed by Taiwan, Spain, England, Japan, China, Germany, and other countries.
84GF Score

Get the complete analysis for ROCO:6612

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

NT$74.30
Price
NT$189.60
GF Value