Varian Medical Systems (VAR)
Add to Watchlists Create an AlertVarian Medical Systems Current Ratio:
1.805 for Dec. 31, 2012Varian Medical Systems Historical Current Ratio Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 1.805 |
| Dec. 31, 2012 | 1.809 |
| Sept. 30, 2012 | 1.755 |
| June 30, 2012 | 1.785 |
| March 31, 2012 | 1.797 |
| Dec. 31, 2011 | 1.746 |
| Sept. 30, 2011 | 1.647 |
| June 30, 2011 | 1.972 |
| March 31, 2011 | 1.773 |
| Dec. 31, 2010 | 2.117 |
| Sept. 30, 2010 | 1.861 |
| June 30, 2010 | 2.135 |
| March 31, 2010 | 2.114 |
| Dec. 31, 2009 | 2.024 |
| Sept. 30, 2009 | 1.986 |
| June 30, 2009 | 1.972 |
| March 31, 2009 | 1.921 |
| Dec. 31, 2008 | 1.756 |
| Sept. 30, 2008 | 1.784 |
| June 30, 2008 | 1.634 |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
| March 31, 2007 | Go Pro |
| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
| June 30, 2006 | Go Pro |
| March 31, 2006 | Go Pro |
| Dec. 31, 2005 | Go Pro |
| Sept. 30, 2005 | Go Pro |
| June 30, 2005 | Go Pro |
| March 31, 2005 | Go Pro |
| Dec. 31, 2004 | Go Pro |
| Sept. 30, 2004 | Go Pro |
| June 30, 2004 | Go Pro |
| March 31, 2004 | Go Pro |
| Dec. 31, 2003 | Go Pro |
| Sept. 30, 2003 | Go Pro |
| June 30, 2003 | Go Pro |
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| Dec. 31, 2002 | Go Pro |
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| Sept. 30, 2001 | Go Pro |
| June 30, 2001 | Go Pro |
| March 31, 2001 | Go Pro |
| Dec. 31, 2000 | Go Pro |
About Current Ratio
The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. The ratio illustrates a company's ability to remain solvent.
A current ratio of one means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning current assets twice as large as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.
Other similar solvency ratios include :
Cash Ratio - Measures the amount of cash that can be used to pay liabilities (most strict)
Quick Ratio - Measures the amount of cash, short term equivalents, and accounts receivables that can be used to pay liabilities (more lenient than cash ratio, but stricter than current ratio)
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VAR Current Ratio Benchmarks
| Companies | |
|---|---|
| Cyberonics | 8.946 |
| Accuray | 2.156 |
| Cantel Medical Corporation | 2.686 |
VAR Current Ratio Rankings
| Overall |
67th percentile 2635 of 8009 |
| Sector |
37th percentile 429 of 687 in Healthcare |
| Industry |
27th percentile 54 of 74 in Medical Instruments & Supplies |
VAR Current Ratio Range, Past 5 Years
| Minimum | 1.634 | Jun 2008 |
| Maximum | 2.135 | Jun 2010 |
| Average | 1.870 |