EDNEUTRAL

Current Ratio

1.19x

Updated 29h ago

Sector Performance

48th percentile

ED

1.19x

Sector Median

1.20x

Sector Avg

2.57x

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Deep Analysis

The current ratio of 1.19x means ED has $1.19 in current assets for every $1.00 in current liabilities, a measure of short-term liquidity.

This level sits just below the sector median of 1.20x, placing ED at the 48th percentile among its peers — essentially in line with the typical company in its industry. Trend data is not available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and no prior eight-quarter history exists. Without a trend direction, the static ratio near the sector median offers neither a clear risk nor a distinct opportunity; it simply indicates average liquidity coverage. This metric supports the overall NEUTRAL verdict, as the current ratio neither signals a strength nor a weakness relative to peers.

Frequently Asked Questions

What does the Current Ratio tell investors about ED?

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 ED'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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ED

1.19x

Sector Median

1.20x

Sector Avg

2.57x

How ED's Current Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.