DOVNEUTRAL

DOV Current Ratio Analysis

1.98x

Updated 201h ago·SEC filings & market data

Key Takeaway

The current ratio of 1.98x means Dover has $1.98 in current assets for every $1 of current liabilities due within a year, indicating it can comfortably cover short-term obligations.

Sector Performance

77th percentile

DOV

1.98x

Sector Median

1.26x

Sector Avg

2.61x

Prior Period

1.87x(Jul 2026)

↑ Improving

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Deep Analysis

The current ratio of 1.98x means Dover has $1.98 in current assets for every $1 of current liabilities due within a year, indicating it can comfortably cover short-term obligations.

This is well above the sector median of 1.25x, placing the company in the 77th percentile of its peer group. The year-over-year change is not available, but the quarter-over-quarter change is +5.9%, with the most recent quarterly values moving from 1.87x to 1.98x. The combination of a high liquidity level and a recent quarterly improvement suggests reduced short-term default risk, though the lack of longer trend data limits confidence in the direction. This metric supports the overall NEUTRAL verdict by confirming solid financial flexibility without pushing the stock into an overly bullish or bearish stance.

Frequently Asked Questions

What does the Current Ratio tell investors about DOV?

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 DOV'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).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

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.