NextGen Healthcare, Inc.

NextGen Healthcare, Inc.verified

NXGN

Price:

$23.94

Market Cap:

$1.61B

NextGen Healthcare, Inc. provides healthcare technology solutions in the United States. The company offers clinical care solutions, including NextGen Enterprise EHR; financial solutions, such as NextGen Enterprise PM; patient engagement solutions comprising NextGen Virtual Visits; integrated clinical care and financial solutions consisting of NextGen Office; interoperability solutions that include NextGen Share and Mirth Connect; data and analytics solutions, which comprise NextGen Health Data Hub; and value based care solutions, including NextGen Population Health Solutions. It also provides managed services, such as revenue cycle management services comprising billing and collections, elec...[Read more]

Industry

Medical - Healthcare Information Services

IPO Date

1982-12-01

Stock Exchange

NASDAQ

Ticker

NXGN

The Current Ratio as of June 2024 (TTM) for NextGen Healthcare, Inc. (NXGN) is 2.52

According to NextGen Healthcare, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.52. This represents a change of 8.35% compared to the average of 2.33 of the last 4 quarters.

NextGen Healthcare, Inc. (NXGN) Historical Current Ratio (quarterly & annually)

How has NXGN Current Ratio performed in the past?

The mean historical Current Ratio of NextGen Healthcare, Inc. over the last ten years is 1.48. The current 2.52 Current Ratio has changed 16.89% with respect to the historical average. Over the past ten years (40 quarters), NXGN's Current Ratio was at its highest in in the December 2022 quarter at 2.53. The Current Ratio was at its lowest in in the March 2018 quarter at 1.05.

Quarterly (TTM)
Annual

Average

1.48

Median

1.29

Minimum

1.05

Maximum

2.10

NextGen Healthcare, Inc. (NXGN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NextGen Healthcare, 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 = 73.39%

Maximum Annual Current Ratio = 2.10

Minimum Annual Increase = -36.68%

Minimum Annual Current Ratio = 1.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.0373.39%
20221.171.76%
20211.15-36.68%
20201.8245.64%
20191.2518.44%
20181.05-7.73%
20171.14-14.41%
20161.33-26.20%
20151.81-14.07%
20142.10-10.21%

NextGen Healthcare, Inc. (NXGN) Average Current Ratio

How has NXGN Current Ratio performed in the past?

The current Current Ratio of NextGen Healthcare, Inc. (NXGN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.45

5-year avg

1.48

10-year avg

1.48

NextGen Healthcare, Inc. (NXGN) Current Ratio vs. Peers

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

NextGen Healthcare, Inc.’s Current Ratio is greater than National Research Corporation (0.41), greater than Definitive Healthcare Corp. (2.21), greater than HealthStream, Inc. (1.17), greater than Computer Programs and Systems, Inc. (1.44), less than Forian Inc. (0), less than Agiliti, Inc. (8.60), greater than Certara, Inc. (1.68), less than Health Catalyst, Inc. (3.26), less than HealthEquity, Inc. (4.28), less than null (4.39),

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