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MedAssets is Among the Companies in the Health Care Technology Industry With the Lowest Current Ratio (MDAS, MDRX, ATHN, QSII, HRT)

By David Diaz

Below are the three companies in the Health Care Technology industry with the lowest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.

MedAssets ranks lowest with a a current ratio of 0.5. Allscripts Healthcare Solutions is next with a a current ratio of 1.1. athenahealth ranks third lowest with a a current ratio of 1.7.

Quality Systems follows with a a current ratio of 1.9, and Arrhythmia Research Technology rounds out the bottom five with a a current ratio of 2.1.

SmarTrend recommended that subscribers consider buying shares of MedAssets on October 8th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $21.90. Since that recommendation, shares of MedAssets have risen 43.2%. We continue to monitor MedAssets for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio medassets allscripts healthcare solutions Athenahealth quality systems amex:hrt arrhythmia research technology