Current Ratio
Updated 438h ago
Sector Performance
78th percentileCTAS
1.98x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 1.98x measures CTAS’s ability to pay short-term debts with short-term assets; a ratio above 1.0 generally signals enough liquidity.
This stands well above the sector median of 1.21x, placing CTAS in the 77th percentile among its peers. The year-over-year and quarter-over-quarter changes are both listed as N/A, and no trend data is available for the last eight quarters. Without a trend, the high current ratio suggests ample short-term financial flexibility, but the lack of directional change means there is no indication of improving or weakening liquidity. This metric supports the overall NEUTRAL verdict, as the strong liquidity level relative to peers is a positive factor, but the absence of trend data prevents any shift from a neutral stance.
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: KEY (0.42x), GEN (0.40x), CHTR (0.40x), USB (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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1.98x
Sector Median
1.20x
Sector Avg
2.57x
How CTAS's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.