Current Ratio
Updated 1734h ago
Sector Performance
33th percentileDVN
1.01x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 1.01x means that for every dollar of short-term liabilities, DVN has $1.01 in current assets—barely enough to cover obligations due within a year.
This figure sits below the sector median of 1.21x, placing DVN in the 33rd percentile among its peers, indicating lower liquidity than two-thirds of comparable companies. Because year-over-year and quarter-over-quarter changes are both listed as N/A, no trend direction can be assessed from the available data. The combination of a ratio just above 1.0 and no trend information suggests limited immediate liquidity risk but no margin of safety, which can be a concern if earnings stumble. This metric does not directly contradict the overall NEUTRAL verdict, as the current ratio is neither strongly supportive nor clearly negative—it is merely average for a stock already judged as neutral.
Frequently Asked Questions
What does the Current Ratio tell investors about DVN?
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 DVN'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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1.01x
Sector Median
1.20x
Sector Avg
2.57x
How DVN's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.