Embecta Corp (EMBC)
Quick ratio
| Sep 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|
| Cash | US$ in thousands | 326,500 | 330,900 |
| Short-term investments | US$ in thousands | — | — |
| Receivables | US$ in thousands | 159,100 | 133,100 |
| Total current liabilities | US$ in thousands | 353,500 | 301,000 |
| Quick ratio | 1.37 | 1.54 |
September 30, 2023 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($326,500K
+ $—K
+ $159,100K)
÷ $353,500K
= 1.37
Peer comparison
Sep 30, 2023
Company name
Symbol
Quick ratio
Embecta Corp
EMBC
1.37
3M Company
MMM
0.70
Artivion Inc
AORT
2.30
Baxter International Inc
BAX
0.93
Becton Dickinson and Company
BDX
0.60
Boston Scientific Corp
BSX
0.63
DexCom Inc
DXCM
2.39
Glaukos Corp
GKOS
4.53
Globus Medical
GMED
2.74
Haemonetics Corporation
HAE
1.28
ICU Medical Inc
ICUI
0.86