EVGO Current Ratio Analysis
Higher than 72% of Consumer Cyclical sector peers
Updated 468h ago·SEC filings & market data
Key Takeaway
The current ratio of 2.07x means EVGO has $2.07 in current assets (cash, receivables, inventory) for every $1.00 of current liabilities due within a year, indicating it can comfortably cover short-term obligations.
Sector Performance
72th percentileEVGO
2.07x
Sector Median
1.44x
Sector Avg
2.72x
Deep Analysis
The current ratio of 2.07x means EVGO has $2.07 in current assets (cash, receivables, inventory) for every $1.00 of current liabilities due within a year, indicating it can comfortably cover short-term obligations.
This exceeds the sector median of 1.44x, placing EVGO in the 73rd percentile among Consumer Cyclical peers, which is a relatively strong liquidity position. There is no trend data available — the year-over-year change, quarter-over-quarter change, and prior eight quarters are all listed as N/A, so you cannot assess whether this ratio is improving or declining. The combination of a high current ratio with no trend information suggests the company currently faces low short-term default risk, but the absence of a track record limits the ability to judge stability or direction. This metric directly contradicts the overall CAUTIOUS verdict, as a current ratio well above the sector median typically signals lower financial distress risk rather than caution.
Frequently Asked Questions
What does the Current Ratio tell investors about EVGO?
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 EVGO's Current Ratio compare to its sector?
EVGO's Current Ratio of 2.07x compares to a Consumer Cyclical sector median of 1.44x, placing it in the 72th percentile.
Who are EVGO's closest peers by Current Ratio?
The closest Consumer Cyclical peers by Current Ratio include: MELI (1.16x), CHPT (1.15x), XPEV (1.14x), RH (1.13x), BBY (1.12x).
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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2.07x
Sector Median
1.44x
Sector Avg
2.72x
How EVGO's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.