Current Ratio
Updated 8h ago
Sector Performance
46th percentileCNP
1.16x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio measures a company’s ability to pay short-term obligations with its short-term assets.
CNP’s current ratio of 1.16x means it has $1.16 in current assets for every $1.00 of current liabilities, indicating sufficient but not ample liquidity. This value sits just below the sector median of 1.20x, and the company ranks at the 46th percentile among its sector peers — very close to the middle of the pack. The year-over-year and quarter-over-quarter changes are N/A, and there is no historical trend data available for the last eight quarters. Without a trend, the current ratio alone offers no directional insight into improving or weakening liquidity. The level near the sector median suggests typical short-term financial health, which neither increases investment risk nor presents a clear opportunity. This metric supports the overall NEUTRAL verdict by aligning with average sector conditions and lacking any divergence that would warrant a more positive or negative stance.
Frequently Asked Questions
What does the Current Ratio tell investors about CNP?
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 CNP's closest peers by Current Ratio?
The closest peers by Current Ratio include: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (0.40x), DRI (0.39x).
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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1.16x
Sector Median
1.20x
Sector Avg
2.57x
How CNP's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.