CDENEUTRAL

CDE Current Ratio Analysis

3.73x

Higher than 71% of Basic Materials sector peers

Updated 369h ago·SEC filings & market data

Key Takeaway

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.

Sector Performance

71th percentile

CDE

3.73x

Sector Median

2.84x

Sector Avg

5.75x

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Deep 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

What does the Current Ratio tell investors about CDE?

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 CDE's Current Ratio compare to its sector?

CDE's Current Ratio of 3.73x compares to a Basic Materials sector median of 2.84x, placing it in the 71th percentile.

Who are CDE's closest peers by Current Ratio?

The closest Basic Materials peers by Current Ratio include: PAAS (2.84x), AG (2.73x), AEM (3.15x), RGLD (3.52x), ALB (2.07x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.