Current Ratio
Updated 1926h ago
Sector Performance
91th percentileFITB
3.17x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio measures a company's ability to pay short-term obligations with its short-term assets.
FITB's ratio of 3.17x means it holds $3.17 in current assets for every $1 of current liabilities, indicating a strong liquidity buffer. This is well above the sector median of 1.21x, placing FITB in the 90th percentile among its peers. Because the year-over-year and quarter-over-quarter changes are both listed as N/A, and no prior data is available, the trend direction cannot be assessed. A high current ratio typically signals low short-term default risk, but without trend information, it is not possible to determine whether this liquidity position is improving or weakening. This metric supports the overall NEUTRAL verdict: while the high level is reassuring, the absence of trend data prevents a stronger positive or negative conclusion.
Frequently Asked Questions
What does the Current Ratio tell investors about FITB?
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 FITB'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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3.17x
Sector Median
1.20x
Sector Avg
2.57x
How FITB's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.