Current Ratio
Higher than 27% of Basic Materials sector peers
Updated 189h ago
Sector Performance
27th percentileBHP
1.65x
Sector Median
2.84x
Sector Avg
5.57x
Deep Analysis
The current ratio of 1.65x means that BHP Group has $1.65 in current assets for every $1.00 in short-term liabilities, indicating a moderate ability to cover debts due within a year.
This is below the sector median of 2.84x, placing BHP in the 27th percentile among Basic Materials peers, suggesting lower liquidity relative to many competitors. Trend data is not available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and no historical values or direction for the last eight quarters are provided. The combination of a below-median current ratio with no trend information offers limited insight; the absence of trend data prevents assessing whether liquidity is improving or deteriorating, which introduces uncertainty. This metric supports the overall NEUTRAL verdict, as the moderate ratio is neither dangerously low nor strong enough to justify a bullish or bearish stance, and the lack of trend data aligns with a neutral view.
Frequently Asked Questions
What does the Current Ratio tell investors about BHP?
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 BHP's Current Ratio compare to its sector?
BHP's Current Ratio of 1.65x compares to a Basic Materials sector median of 2.84x, placing it in the 27th percentile.
Who are BHP's closest peers by Current Ratio?
The closest Basic Materials peers by Current Ratio include: KGC (2.84x), PAAS (2.84x), AG (2.73x), AEM (3.15x), RGLD (3.52x).
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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1.65x
Sector Median
2.84x
Sector Avg
5.57x
How BHP's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.