What is Health Catalyst's quick ratio?

Health Catalyst (HCAT) reported quick ratio of 1.7× in Q1 2026.

How has Health Catalyst's quick ratio changed year-over-year?

Health Catalyst's quick ratio increased by 36.1% year-over-year, from 1.2× to 1.7×.

What is the long-term trend for Health Catalyst's quick ratio?

Over 5 years (2020 to 2025), Health Catalyst's quick ratio has grown at a -12.8% compound annual growth rate (CAGR), from 3.7× to 1.9×.

What does quick ratio mean?

Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.

Health Catalyst HCAT Quick ratio

Quick ratio at other companies

International Business MachinesIBM

0.8×-0.2×

OracleORCL

1.3×+0.3×

Definitive Healthcare Corp.DH

1.8×0.0×

CareCloud, Inc.CCLD

1.1×-0.6×

National Research CorporationNRC

0.5×0.0×

Evolent Health, Inc.EVH

1.3×+0.3×

Other financials

Income statement

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Revenue$70.8M-10.9%

Gross profit$35.5M-2.1%

Operating income-$106.5M-428%

Net income-$111.0M-368%

EPS (diluted)-$1.53-337%

Balance sheet

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Cash & equivalents$59.9M-82.5%

Total debt$170.6M-57.6%

Total equity$138.1M-63.3%

Total assets$412.2M-53.8%

Cash flow

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Operating cash flow$18.5M+6,511%

CapEx$338.0K-49.6%

Free cash flow$18.2M+4,760%

Valuation

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Market cap$147.05M-43.6%

Enterprise value$257.76M-32.7%

P/S0.5×-0.3×

Profitability

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Gross margin49.9%+4.7pp

Operating margin-81.7%-127pp

Net margin-87.7%-138pp

FCF margin-0.8%-0.4pp

Returns & leverage

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Return on equity-103%-135pp

Debt / equity1.2×+0.2×

Current ratio1.7×+0.4×

Where this comes from

Calculated from Health Catalyst’s reported figures.

quick assets/total current liabilities=1.7×

Based on the most recent quarter.

The official record: Health Catalyst’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Health Catalyst's quick ratio?: Health Catalyst (HCAT) reported quick ratio of 1.7× in Q1 2026.
How has Health Catalyst's quick ratio changed year-over-year?: Health Catalyst's quick ratio increased by 36.1% year-over-year, from 1.2× to 1.7×.
What is the long-term trend for Health Catalyst's quick ratio?: Over 5 years (2020 to 2025), Health Catalyst's quick ratio has grown at a -12.8% compound annual growth rate (CAGR), from 3.7× to 1.9×.
What does quick ratio mean?: Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.