Current Ratio
Higher than 74% of Financial Services sector peers
Updated 334h ago
Sector Performance
74th percentileCOIN
2.14x
Sector Median
0.79x
Sector Avg
4.50x
Deep Analysis
Coinbase’s current ratio of 2.14x means the company has $2.14 in short-term assets for every $1 of short-term liabilities, indicating it can comfortably cover its near-term obligations.
This ratio stands well above the Financial Services sector median of 0.79x, placing Coinbase in the 74th percentile among its peers. Because the year-over-year and quarter-over-quarter changes are both reported as N/A, there is no trend information available to assess direction. The combination of a high current ratio with no observable trend suggests a strong liquidity position at this single point in time, which reduces short-term bankruptcy risk but offers no insight into improvement or deterioration. This metric supports the overall NEUTRAL verdict by confirming financial stability without signaling a compelling advantage or concern that would shift the rating to bullish or bearish.
Frequently Asked Questions
What does the Current Ratio tell investors about COIN?
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 COIN's Current Ratio compare to its sector?
COIN's Current Ratio of 2.14x compares to a Financial Services sector median of 0.79x, placing it in the 74th percentile.
Who are COIN's closest peers by Current Ratio?
The closest Financial Services peers by Current Ratio include: NAVI (0.75x), AMP (0.70x), SPGI (0.68x), ACGL (0.68x), JPM (0.62x).
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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2.14x
Sector Median
0.79x
Sector Avg
4.50x
How COIN's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.