COP Current Ratio Analysis

The current ratio of 1.54x means COP has $1.54 of current assets for every $1 of current liabilities, measuring its ability to cover short-term obligations.

This sits above the sector median of 1.25x, placing COP in the 63rd percentile among peers, so liquidity is better than most comparable companies. The year-over-year change is N/A, but quarter-over-quarter the metric rose 19.4%, with historical values moving from 1.29x to 1.54x most recently. Because the level is above the sector median and the trend is upward, short-term solvency risk appears limited, though the ratio is not exceptionally high. That combination suggests a moderate positive for liquidity, but not a decisive factor. This supports the overall NEUTRAL verdict, as the metric indicates sound liquidity without a strong catalyst for outperformance.

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