CDE Current Ratio Analysis

The current ratio of 3.73x means CDE has $3.73 in current assets for every $1 of current liabilities, indicating a strong ability to cover short-term obligations.

This is above the Basic Materials sector median of 2.84x, placing CDE in the 73rd percentile among its peers. Trend information is not available: both the year-over-year and quarter-over-quarter changes are listed as N/A, and no historical data beyond the current value exists. Without trend direction, the high ratio suggests a solid liquidity position, but the lack of context on whether it is improving or declining leaves the investment opportunity unclear. This metric supports the overall NEUTRAL verdict because the strong liquidity is reassuring, yet the absence of trend data prevents a more decisive positive or negative assessment.

Frequently Asked Questions