Current Ratio

The current ratio of 0.43x means Alaska Air Group has only $0.43 in current assets (like cash and receivables) for every $1 of current liabilities due within a year, indicating a very low ability to cover short-term obligations.

This value sits well below the sector median of 1.18x and places the company at the 0th percentile among its Industrials peers, meaning virtually no other company in the sector has a lower current ratio. Trend data is not available (N/A), as are both the year-over-year and quarter-over-quarter changes, so no direction over time can be assessed. The combination of an extremely low current ratio with no trend information points to elevated liquidity risk, though without historical context it is unclear if this is a temporary or persistent condition. This metric directly contradicts the overall NEUTRAL verdict, as a current ratio near 0.4 is typically a warning sign for financial distress, making the stock appear more risky than a neutral reading would imply.

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