Current Ratio

The current ratio of 3.88x means the company has $3.88 in current assets for every $1 of current liabilities, indicating ample short-term liquidity to cover obligations due within a year.

This ratio sits far above the sector median of 1.21x, placing the company in the 94th percentile among peers — a sign of above-average liquidity. Year-over-year change is not available, but the quarter-over-quarter change is a decline of 77.4%, falling from 17.14x in the prior period. The combination of a very high current ratio level with a sharp quarter-over-quarter drop suggests strong current liquidity that may be eroding quickly, potentially signaling a shift in working capital management or use of cash. For an investor, the high level reduces immediate default risk, but the steep decline warrants monitoring as it could precede further deterioration. This metric neither fully supports nor contradicts the overall NEUTRAL verdict: the high percentile rank favors stability, while the sudden drop adds uncertainty, keeping the outlook balanced.

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