APA Current Ratio Analysis
Higher than 75% of Energy sector peers
Updated 2813h ago·SEC filings & market data
Key Takeaway
With a current ratio of 0.92x, APA Corporation holds only $0.92 in current assets for every $1.00 of short-term liabilities, indicating it does not fully cover its near-term obligations with liquid resources.
Sector Performance
75th percentileAPA
0.92x
Sector Median
0.78x
Sector Avg
0.91x
Prior Period
0.82x(Apr 2026)
Deep Analysis
With a current ratio of 0.92x, APA Corporation holds only $0.92 in current assets for every $1.00 of short-term liabilities, indicating it does not fully cover its near-term obligations with liquid resources.
This places the company slightly above the Energy sector median of 0.91x, ranking at the 55th percentile among its peers. No year-over-year or quarter-over-quarter change is available, and only a single historical value of 0.92x has been provided, so no trend can be assessed. The absence of a trend leaves the focus on the level: a ratio below 1.0x signals potential liquidity risk, though it is in line with the sector norm. This combination of an already tight liquidity position and no available improvement or deterioration reinforces the need for caution. The current ratio supports the overall CAUTIOUS verdict, as sub-1x coverage for liabilities is a typical warning sign even when in line with industry peers.
Frequently Asked Questions
What does the Current Ratio tell investors about APA?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does APA's Current Ratio compare to its sector?
APA's Current Ratio of 0.92x compares to a Energy sector median of 0.78x, placing it in the 75th percentile.
Who are APA's closest peers by Current Ratio?
The closest Energy peers by Current Ratio include: NOVA (0.78x), VTLE (0.78x), ENB (0.81x), MTDR (0.73x), SPWR (0.71x).
Learn More About Current Ratio
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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0.92x
Sector Median
0.78x
Sector Avg
0.91x
How APA's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.