CL Current Ratio Analysis

The current ratio of 1.03x means the company has $1.03 in current assets for every $1.00 of current liabilities due within a year, indicating tight but sufficient short-term liquidity.

This sits below the sector median of 1.24x, placing the company at the 35th percentile among peers, so liquidity is weaker than most comparable firms. The year-over-year change is N/A, but quarter-over-quarter the ratio rose 1.0%, from 1.02x to 1.03x, showing a slight recent improvement. With limited trend history, the low level relative to peers is the dominant signal, and the small QoQ uptick does little to close that gap. For investors, this combination suggests elevated short-term liquidity risk, as a ratio near 1.0x leaves little cushion if cash collections slow or liabilities come due earlier than expected. This metric supports the overall CAUTIOUS verdict because the company's liquidity position is below the sector norm and offers minimal buffer against unforeseen cash needs.

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