ETRNEUTRAL

ETR Current Ratio Analysis

0.96x

Updated 168h ago·SEC filings & market data

Key Takeaway

The current ratio of 0.96x means the company has $0.96 in current assets for every $1.00 of short-term liabilities, indicating it may struggle to cover immediate obligations.

Sector Performance

31th percentile

ETR

0.96x

Sector Median

1.20x

Sector Avg

2.57x

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Deep Analysis

The current ratio of 0.96x means the company has $0.96 in current assets for every $1.00 of short-term liabilities, indicating it may struggle to cover immediate obligations.

This reading sits below the sector median of 1.20x and places ETR in the 31st percentile among its peers, showing weaker liquidity than most competitors. Trend data is not available: both the year-over-year change and quarter-over-quarter change are reported as N/A, and there are no historical values beyond the single 0.96x figure. Without a trend to assess direction, the combination of a below-median current ratio with no historical context points to heightened short-term risk, as there is no evidence of improvement or stability. This metric does not directly contradict the overall NEUTRAL verdict, but it highlights a specific weakness that could weigh on the stock’s risk profile.

Frequently Asked Questions

What does the Current Ratio tell investors about ETR?

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 ETR's closest peers by Current Ratio?

The closest peers by Current Ratio include: GEN (0.40x), USB (0.40x), CHTR (0.40x), DRI (0.39x), WFC (0.34x).

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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.