DVN Current Ratio Analysis
Updated 417h ago·SEC filings & market data
Key Takeaway
The current ratio of 0.72x measures a company’s current assets against its current liabilities, meaning it has $0.72 in short-term assets for every $1.00 of short-term debt due within a year.
Sector Performance
15th percentileDVN
0.72x
Sector Median
1.26x
Sector Avg
2.61x
Prior Period
1.01x(Aug 2026)
Deep Analysis
The current ratio of 0.72x measures a company’s current assets against its current liabilities, meaning it has $0.72 in short-term assets for every $1.00 of short-term debt due within a year.
This is far below the sector median of 1.24x, placing DVN in the 15th percentile among peers, so most comparable companies have healthier short-term coverage. The trend shows a year-over-year change that is not available, but the quarter-over-quarter drop is -28.7%, falling from 1.01x to 0.72x in the most recent period. The combination of a level below 1.0x and a steep quarterly decline implies rising liquidity risk, as the company may struggle to meet near-term obligations without external financing. This metric contradicts the overall NEUTRAL verdict, because the low absolute level and sharp deterioration point to a more bearish view on short-term financial safety.
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: 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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0.72x
Sector Median
1.26x
Sector Avg
2.61x
How DVN's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.