BAC Current Ratio Analysis
Higher than 41% of Financial Services sector peers
Updated 4155h ago·SEC filings & market data
Key Takeaway
The current ratio measures a company’s ability to cover short-term obligations with short-term assets; Bank of America’s 0.54x means it has only $0.54 of current assets for every $1 of current liabilities.
Sector Performance
41th percentileBAC
0.54x
Sector Median
0.70x
Sector Avg
4.55x
Deep Analysis
The current ratio measures a company’s ability to cover short-term obligations with short-term assets; Bank of America’s 0.54x means it has only $0.54 of current assets for every $1 of current liabilities.
This ratio sits well below the sector median of 0.79x, placing BAC in the 36th percentile — meaning 64% of sector peers have a higher current ratio. No trend data is available: year-over-year change is N/A, quarter-over-quarter change is N/A, and no historical values or eight-quarter trend are reported. Without trend context, the low level alone signals potential liquidity risk, as the company may struggle to meet near-term debts if cash flows tighten. This metric contradicts the overall BULLISH verdict, since a sub-1.0x current ratio and a below-median sector ranking typically point to financial strain rather than strength.
Frequently Asked Questions
What does the Current Ratio tell investors about BAC?
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 BAC's Current Ratio compare to its sector?
BAC's Current Ratio of 0.54x compares to a Financial Services sector median of 0.70x, placing it in the 41th percentile.
Who are BAC's closest peers by Current Ratio?
The closest Financial Services peers by Current Ratio include: AMP (0.70x), ACGL (0.68x), NAVI (0.75x), JPM (0.62x), NU (0.83x).
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.
Master BAC's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full BAC research report →BAC
0.54x
Sector Median
0.70x
Sector Avg
4.55x
How BAC's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.