CHRD Current Ratio Analysis
Higher than 63% of Energy sector peers
Updated 145h ago·SEC filings & market data
Key Takeaway
The current ratio of 1.02x means that for every $1 of short-term liabilities, CHRD has $1.02 in current assets — a level barely above 1, indicating the company can just meet its immediate obligations.
Sector Performance
63th percentileCHRD
1.02x
Sector Median
0.90x
Sector Avg
0.99x
Deep Analysis
The current ratio of 1.02x means that for every $1 of short-term liabilities, CHRD has $1.02 in current assets — a level barely above 1, indicating the company can just meet its immediate obligations.
This ratio places CHRD in the 62nd percentile among Energy sector peers, above the sector median of 0.90x. Because the year-over-year change is not available and the quarter-over-quarter change is also not available, no trend can be derived from the single historical data point of 1.02x. The combination of a ratio only slightly above 1.0 with no observable trend suggests minimal immediate liquidity risk, but offers no signal of improvement or deterioration. This metric does not directly contradict the overall CAUTIOUS verdict — the near-1 level is adequate but leaves little margin for error, so it supports caution rather than a strong buy view.
Frequently Asked Questions
What does the Current Ratio tell investors about CHRD?
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 CHRD's Current Ratio compare to its sector?
CHRD's Current Ratio of 1.02x compares to a Energy sector median of 0.90x, placing it in the 63th percentile.
Who are CHRD's closest peers by Current Ratio?
The closest Energy peers by Current Ratio include: PXD (0.90x), APA (0.92x), NOVA (0.78x), VTLE (0.78x), MTDR (0.73x).
Learn More About Current Ratio
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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1.02x
Sector Median
0.90x
Sector Avg
0.99x
How CHRD's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.