Current Ratio

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.

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