Current Ratio
Higher than 69% of Energy sector peers
Updated 120h ago
Sector Performance
69th percentileET
1.17x
Sector Median
0.90x
Sector Avg
0.99x
Deep Analysis
The current ratio of 1.17x means Energy Transfer has $1.17 in current assets for every $1.00 in current liabilities, indicating it can cover short-term obligations.
This is above the Energy sector median of 0.90x and places the company in the 69th percentile among its peers — stronger than most in the industry. Trend data is not available: the year-over-year change is listed as N/A and the quarter-over-quarter change is also N/A, so no directional pattern can be assessed. The combination of a current ratio above the peer median with no trend information suggests a stable short-term liquidity position but offers no clue about improving or deteriorating conditions, reducing the clarity of risk or opportunity. This metric supports the overall NEUTRAL verdict because the current ratio is neither alarmingly low nor exceptionally high, and the lack of trend data prevents any strong bullish or bearish tilt.
Frequently Asked Questions
What does the Current Ratio tell investors about ET?
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.
How does ET's Current Ratio compare to its sector?
ET's Current Ratio of 1.17x compares to a Energy sector median of 0.90x, placing it in the 69th percentile.
Who are ET's closest peers by Current Ratio?
The closest Energy peers by Current Ratio include: PXD (0.90x), EPD (0.91x), APA (0.92x), CNQ (0.95x), ENB (0.81x).
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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1.17x
Sector Median
0.90x
Sector Avg
0.99x
How ET's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.