Current Ratio
Higher than 42% of Technology sector peers
Updated 1078h ago
Sector Performance
42th percentileBILL
1.66x
Sector Median
1.82x
Sector Avg
10.49x
Deep Analysis
The current ratio of 1.66x means that Bill.com has $1.66 in current assets (like cash and receivables) for every $1.00 of short-term liabilities due within a year, indicating it can cover its near-term obligations.
This ratio sits below the sector median of 1.95x, placing the company in the 39th percentile among technology peers—meaning 61% of peers have higher liquidity. Trend data is not available for this metric: the year-over-year change and quarter-over-quarter change are both listed as N/A, so no directional movement can be assessed. With a below-median current ratio and no trend to evaluate, the liquidity position alone signals slightly higher short-term risk relative to sector norms, but without a declining pattern it does not indicate acute distress. This metric partially contradicts the overall NEUTRAL verdict because the below-median liquidity adds a modest concern, yet the lack of a deteriorating trend prevents it from shifting the rating toward bearish.
Frequently Asked Questions
What does the Current Ratio tell investors about BILL?
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 BILL's Current Ratio compare to its sector?
BILL's Current Ratio of 1.66x compares to a Technology sector median of 1.82x, placing it in the 42th percentile.
Who are BILL's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: SAP (1.07x), UBER (1.07x), AAPL (1.07x), PTC (1.06x), WEX (1.05x).
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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1.66x
Sector Median
1.82x
Sector Avg
10.49x
How BILL's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.