FOX Current Ratio Analysis

The current ratio of 2.90x means FOX has $2.90 in current assets for every $1.00 of current liabilities due within a year, indicating a strong ability to cover short-term obligations.

This is well above the sector median of 1.20x, placing FOX in the 89th percentile among its peers. However, trend data is not available: both the year-over-year change and quarter-over-quarter change are listed as N/A, so no direction can be inferred from recent history. The high ratio alone suggests a low short-term default risk, but the absence of trend information means investors cannot assess whether this coverage is improving or deteriorating. This metric supports the overall NEUTRAL verdict because a very high current ratio can signal excessive idle cash or inefficient asset use, balancing the safety it provides.

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