Current Ratio
Higher than 50% of Technology sector peers
Updated 22h ago
Sector Performance
50th percentileGLOB
1.82x
Sector Median
1.82x
Sector Avg
10.49x
Deep Analysis
The current ratio of 1.82x means Globant has $1.82 in current assets (like cash and receivables) for every $1 of short-term liabilities due within a year, indicating a healthy ability to cover its near-term obligations.
This matches the sector median of 1.82x exactly, placing Globant at the 50th percentile among its technology peers — right in the middle of the pack. The year-over-year change is not available, but the quarter-over-quarter change is +11.0% from the prior value of 1.64x, showing an improvement in liquidity over the most recent quarter. The combination of an average level relative to peers and a rising quarterly trend suggests reduced short-term risk, as the company is not stretching its liquidity. This metric supports the overall NEUTRAL verdict: Globant's liquidity position is unremarkable compared to its industry, and the positive quarterly move does not shift the stock into a strongly bullish or bearish stance.
Frequently Asked Questions
What does the Current Ratio tell investors about GLOB?
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 GLOB's Current Ratio compare to its sector?
GLOB's Current Ratio of 1.82x compares to a Technology sector median of 1.82x, placing it in the 50th percentile.
Who are GLOB's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: SAP (1.07x), UBER (1.07x), AAPL (1.07x), PTC (1.06x), WEX (1.05x).
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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1.82x
Sector Median
1.82x
Sector Avg
10.49x
How GLOB's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.