COPNEUTRAL

COP Current Ratio Analysis

1.29x

Updated 240h ago·SEC filings & market data

Key Takeaway

The current ratio of 1.29x means COP has $1.29 in current assets (cash, receivables, inventory) for every $1 of current liabilities due within one year — a measure of short-term financial health.

Sector Performance

56th percentile

COP

1.29x

Sector Median

1.20x

Sector Avg

2.57x

Prior Period

1.30x(Apr 2026)

→ Stable

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Deep Analysis

The current ratio of 1.29x means COP has $1.29 in current assets (cash, receivables, inventory) for every $1 of current liabilities due within one year — a measure of short-term financial health.

This value sits above the sector median of 1.20x and places COP in the 56th percentile among its sector peers, indicating liquidity that is slightly better than the typical company in its industry. Trend analysis is not available: year-over-year change is N/A, quarter-over-quarter change is N/A, and the only historical figure provided is the current 1.29x. Because the trend is unknown, the combination of a marginally above-median level with no directional data offers neither a clear risk signal nor a clear opportunity — liquidity appears adequate but lacks context for improvement or deterioration. This metric supports the overall NEUTRAL verdict: the current ratio is unremarkable, aligning with a view that the stock is neither a strong buy nor a sell based on this metric alone.

Frequently Asked Questions

What does the Current Ratio tell investors about COP?

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 COP's closest peers by Current Ratio?

The closest peers by Current Ratio include: GEN (0.40x), USB (0.40x), CHTR (0.40x), DRI (0.39x), WFC (0.34x).

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Learn More About Current Ratio

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Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.