CTAS Current Ratio Analysis
Updated 81h ago·SEC filings & market data
Key Takeaway
The current ratio measures a company’s ability to cover short-term obligations with short-term assets; at 1.43x, CTAS has $1.43 in current assets for every $1 of current liabilities.
Sector Performance
58th percentileCTAS
1.43x
Sector Median
1.26x
Sector Avg
2.61x
Prior Period
1.98x(Jul 2026)
Deep Analysis
The current ratio measures a company’s ability to cover short-term obligations with short-term assets; at 1.43x, CTAS has $1.43 in current assets for every $1 of current liabilities.
This sits above the sector median of 1.25x, placing CTAS in the 59th percentile of sector peers. The year-over-year change is not available, and the quarter-over-quarter change is -27.8%, with the ratio falling from 1.98x to 1.43x. The combination of an above-median level but a sharp quarterly decline suggests liquidity has been reduced, yet CTAS still holds a reasonable buffer against short-term pressures. For investment risk, the declining trend merits monitoring but does not indicate an immediate liquidity problem at this level. This metric supports the overall NEUTRAL verdict: it is neither a strong strength nor a clear weakness, as CTAS remains above peers but is moving in a less favorable direction.
Frequently Asked Questions
What does the Current Ratio tell investors about CTAS?
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 CTAS's closest peers by Current Ratio?
The closest peers by Current Ratio include: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).
Learn More About Current Ratio
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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1.43x
Sector Median
1.26x
Sector Avg
2.61x
How CTAS's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.