Shoulder InnovationsSI +9.31%12 Current Ratio is 11.81 as of Mar. 2026, which is 7% above its 10-year median of 11.07. GuruFocus rates SI with a GF Score™ of 12/100. The stock has 5 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Shoulder Innovations ranks better than 95.08% 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. Shoulder Innovations's current ratio for the quarter that ended in Mar. 2026 was 11.81.
Shoulder Innovations has a current ratio of 11.81. 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 Shoulder Innovations's Current Ratio or its related term are showing as below:
SI'
s Current Ratio Range Over the Past 10 Years
Min: 4.59 Med: 11.07 Max: 11.81
Current: 11.81
During the past 3 years, Shoulder Innovations's highest Current Ratio was 11.81. The lowest was 4.59. And the median was 11.07.
SI's Current Ratio is ranked better than 95.08% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 2.485
vs SI: 11.81
Shoulder Innovations (NYSE:SI) 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.
Shoulder Innovations Current Ratio Related Terms
Shoulder Innovations Current Ratio Historical Data
* Premium members only.
The historical data trend for Shoulder Innovations'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.
For the Medical Devices subindustry, Shoulder Innovations'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.
Shoulder Innovations Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shoulder Innovations's Current Ratio distribution charts can be found below:
* The bar in red indicates where Shoulder Innovations'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.
Shoulder Innovations (SI) has a Current Ratio of 11.81 as of Mar. 2026. This is near median its historical median of 11.07. Over the past decade, Shoulder Innovations' Current Ratio has ranged from 4.59 to 11.81. According to the industry distribution chart, Shoulder Innovations ranks #42 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 4.9%.
Is Shoulder Innovations' Current Ratio too high?
Shoulder Innovations' current Current Ratio of 11.81 is near median its 10-year median of 11.07. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 11.81. The Medical Devices & Instruments industry median Current Ratio is 2.49. Shoulder Innovations' value of 11.81 is 375.3% above this industry median. Based on the distribution chart, Shoulder Innovations ranks #42 out of 854 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Shoulder Innovations has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Shoulder Innovations' Current Ratio compare to ELMD and MASS?
According to the Medical Devices & Instruments industry distribution chart, Shoulder Innovations ranks #42 out of 854 companies for Current Ratio. This places Shoulder Innovations in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.49. Shoulder Innovations' value of 11.81 is 375.3% above this benchmark. Historically, Shoulder Innovations' own Current Ratio has ranged from 4.59 to 11.81 over the past decade. While the company's 10-year median is 11.07 vs. the industry median of 2.49, Shoulder Innovations 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. Shoulder Innovations's current Current Ratio of 11.81 is 375.3% 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. Shoulder Innovations's current Current Ratio is 11.81, which is near median its own 10-year median of 11.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoulder Innovations stock overvalued right now?
Shoulder Innovations (SI) has a current Current Ratio of 11.81. The current Current Ratio is 11.81, which is near median its 10-year median of 11.07 and 375.3% above the Medical Devices & Instruments industry median of 2.49. Shoulder Innovations' overall GF Score™ is 12/100 with 5 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 Shoulder Innovations (SI), the current Current Ratio is 11.81 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.
Shoulder Innovations Inc is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market. It currently offers advanced implant systems for shoulder arthroplasty. Its products include: InSet Total Shoulder Arthroplasty; InSet Reverse Shoulder Arthroplasty; ProVoyance Shoulder Planning Software; and InSet Tray System. Geographically, the company operates in United States and are planning to expand.
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