CNC Current Ratio Analysis

The current ratio of 1.12x measures the company's ability to pay short-term liabilities with short-term assets; a value above 1 indicates it has more current assets than current liabilities, but at 1.12x the cushion is thin.

This ratio sits below the sector median of 1.20x, placing CNC in the 43rd percentile among peers, meaning 57% of its sector competitors have a stronger liquidity position. No trend data is available—the year-over-year change and quarter-over-quarter change are both listed as N/A, and there is only one historical value (1.12x) for the most recent period. Without a trend, the current level alone suggests limited financial flexibility; while the ratio exceeds 1, the narrow margin leaves little room for unexpected cash demands. The absence of a trend data means investors cannot assess whether liquidity is improving or deteriorating, adding uncertainty. This metric supports the overall CAUTIOUS verdict because the below-median current ratio and thin coverage point to elevated short-term risk, consistent with a cautious stance.

Frequently Asked Questions

Closest Sector Peers