Current Ratio
Updated 154h ago
Sector Performance
45th percentileFTNT
1.15x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 1.15x means that for every $1 of short-term liabilities, FTNT holds $1.15 in current assets, indicating a modest buffer to cover obligations due within a year.
This ratio sits slightly below the sector median of 1.20x and ranks at the 45th percentile among peers, placing FTNT in the lower half of its industry for liquidity. No year-over-year or quarter-over-quarter change data is available, and the trend direction over the last eight quarters is not provided, so no movement can be assessed. With the ratio below the sector median and no trend information to show improvement or deterioration, the current level implies a mild liquidity risk rather than an immediate concern. This metric supports the overall CAUTIOUS verdict because FTNT’s liquidity position is weaker than the typical peer, warranting closer observation.
Frequently Asked Questions
What does the Current Ratio tell investors about FTNT?
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 FTNT's closest peers by Current Ratio?
The closest peers by Current Ratio include: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (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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1.15x
Sector Median
1.20x
Sector Avg
2.57x
How FTNT's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.