Current Ratio
Updated 1616h ago
Sector Performance
43th percentileGL
1.13x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 1.13x means the company has $1.13 in current assets for every $1.00 in current liabilities, indicating it can just cover short-term obligations.
Among sector peers, this ratio sits at the 43rd percentile, slightly below the sector median of 1.21x, which suggests the company has a marginally lower liquidity cushion than the typical peer. Because no year-over-year or quarter-over-quarter changes were provided, and there is no trend data for the last eight quarters, the direction of liquidity cannot be assessed. The combination of a level that is below the median with an unknown trend makes it difficult to judge whether liquidity is improving or deteriorating, introducing uncertainty for investors. This metric neither contradicts nor strongly supports the overall NEUTRAL verdict—it aligns with a neutral stance because the ratio is close to the median but lacks trend information to indicate a clear risk or opportunity.
Frequently Asked Questions
What does the Current Ratio tell investors about GL?
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 GL'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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1.13x
Sector Median
1.20x
Sector Avg
2.57x
How GL's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.