ASAN Current Ratio Analysis
Higher than 23% of Technology sector peers
Updated 2302h ago·SEC filings & market data
Key Takeaway
The current ratio of 1.15x means Asana has $1.15 in current assets for every $1.00 of short-term liabilities, measuring its ability to pay near-term obligations.
Sector Performance
23th percentileASAN
1.15x
Sector Median
1.99x
Sector Avg
15.09x
Prior Period
1.18x(May 2026)
Deep Analysis
The current ratio of 1.15x means Asana has $1.15 in current assets for every $1.00 of short-term liabilities, measuring its ability to pay near-term obligations.
This sits well below the technology sector median of 1.95x, placing Asana in the 21st percentile among peers—indicating lower liquidity than most comparable companies. Trend data is not available: the year-over-year change is listed as N/A, and the quarter-over-quarter change is also N/A, so no directional insight can be drawn from historical movements. The combination of a below-median level with no trend information suggests a modest liquidity risk, but without trend evidence it is unclear whether the ratio is deteriorating or stabilizing. This metric alone does not contradict the overall NEUTRAL verdict, as the low current ratio highlights a potential vulnerability while the lack of trend data prevents a stronger negative assessment.
Frequently Asked Questions
What does the Current Ratio tell investors about ASAN?
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 ASAN's Current Ratio compare to its sector?
ASAN's Current Ratio of 1.15x compares to a Technology sector median of 1.99x, placing it in the 23th percentile.
Who are ASAN's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: U (1.95x), ZS (1.86x), ADI (1.75x), APH (1.71x), BILL (1.66x).
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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1.15x
Sector Median
1.99x
Sector Avg
15.09x
How ASAN's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.