ETNCAUTIOUS

ETN Current Ratio Analysis

1.19x

Updated 441h ago·SEC filings & market data

Key Takeaway

The current ratio of 1.19x means ETN has $1.19 in current assets for every $1 of current liabilities, showing it can cover near-term obligations but with a thin cushion.

Sector Performance

47th percentile

ETN

1.19x

Sector Median

1.26x

Sector Avg

2.61x

Prior Period

1.32x(Apr 2026)

↓ Declining

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Deep Analysis

The current ratio of 1.19x means ETN has $1.19 in current assets for every $1 of current liabilities, showing it can cover near-term obligations but with a thin cushion.

Compared to sector peers, this sits just below the sector median of 1.24x, placing ETN in the 47th percentile. The trend data is N/A: both the year-over-year and quarter-over-quarter changes are not available, so no directional signal can be drawn from history. With a level slightly under the median and no trend to show improvement, the metric points to average liquidity with limited buffer against short-term shocks. For an investor, this does not create a clear opportunity, but it also does not signal immediate distress. This metric supports the overall CAUTIOUS verdict directly, as the sub-median current ratio offers no reason to expect stronger financial flexibility than peers.

Frequently Asked Questions

What does the Current Ratio tell investors about ETN?

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 ETN'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.