Premier, Inc.

Premier, Inc.verified

PINC

Price:

$20.44

Market Cap:

$2.05B

Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Perfo...[Read more]

Industry

Medical - Healthcare Information Services

IPO Date

2013-09-26

Stock Exchange

NASDAQ

Ticker

PINC

The Current Ratio as of September 2024 (TTM) for Premier, Inc. (PINC) is 0.99

According to Premier, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.99. This represents a change of -14.44% compared to the average of 1.16 of the last 4 quarters.

Premier, Inc. (PINC) Historical Current Ratio (quarterly & annually)

How has PINC Current Ratio performed in the past?

The mean historical Current Ratio of Premier, Inc. over the last ten years is 1.15. The current 0.99 Current Ratio has changed 8.57% with respect to the historical average. Over the past ten years (40 quarters), PINC's Current Ratio was at its highest in in the March 2015 quarter at 2.13. The Current Ratio was at its lowest in in the December 2016 quarter at 0.65.

Quarterly (TTM)
Annual

Average

1.15

Median

1.04

Minimum

0.72

Maximum

2.05

Premier, Inc. (PINC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Premier, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 40.40%

Maximum Annual Current Ratio = 2.05

Minimum Annual Increase = -49.62%

Minimum Annual Current Ratio = 0.72

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.9926.18%
20230.79-8.21%
20220.86-21.46%
20211.09-12.44%
20201.25-7.02%
20191.3440.40%
20180.9533.50%
20170.72-49.62%
20161.42-30.80%
20152.058.83%

Premier, Inc. (PINC) Average Current Ratio

How has PINC Current Ratio performed in the past?

The current Current Ratio of Premier, Inc. (PINC) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.88

5-year avg

0.99

10-year avg

1.15

Premier, Inc. (PINC) Current Ratio vs. Peers

How is PINC’s Current Ratio compared to its peers?

Premier, Inc.’s Current Ratio is greater than Veradigm Inc. (0), greater than National Research Corporation (0.37), less than Computer Programs and Systems, Inc. (1.44), less than Definitive Healthcare Corp. (2.31), less than HealthStream, Inc. (1.24), less than Privia Health Group, Inc. (1.81), less than NextGen Healthcare, Inc. (2.52), less than Certara, Inc. (2.61), less than Health Catalyst, Inc. (1.18), less than Evolent Health, Inc. (1.08), less than Agiliti, Inc. (1.68), greater than CareMax, Inc. (0.23), less than R1 RCM Inc. (1.84), less than Forian Inc. (6.93), less than HealthEquity, Inc. (4.10),

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