CMS Current Ratio Analysis
Updated 153h ago·SEC filings & market data
Key Takeaway
A current ratio of 0.94x means the company has $0.94 in short-term assets for every $1.00 of short-term liabilities due within a year, so it is slightly below the 1.0x threshold that signals full coverage.
Sector Performance
28th percentileCMS
0.94x
Sector Median
1.26x
Sector Avg
2.61x
Prior Period
0.84x(Jul 2026)
Deep Analysis
A current ratio of 0.94x means the company has $0.94 in short-term assets for every $1.00 of short-term liabilities due within a year, so it is slightly below the 1.0x threshold that signals full coverage.
This sits below the sector median of 1.20x, placing CMS in the 29th percentile among sector peers, meaning most peers have stronger liquidity. The year-over-year change is N/A, but the quarter-over-quarter change is +11.9%, showing improvement from the prior value of 0.84x. The combination of a below-median level with a positive quarterly shift suggests liquidity risk is present but easing. This modestly reduces near-term balance-sheet stress, yet the ratio still leaves limited cushion against unexpected cash needs. Overall, this metric does not contradict the NEUTRAL verdict—it points to a real but improving vulnerability rather than a clear buy or sell signal.
Frequently Asked Questions
What does the Current Ratio tell investors about CMS?
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.
Who are CMS's closest peers by Current Ratio?
The closest peers by Current Ratio include: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).
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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0.94x
Sector Median
1.26x
Sector Avg
2.61x
How CMS's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.