Current Ratio
Updated 342h ago
Sector Performance
68th percentileGLW
1.61x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 1.61x means GLW has $1.61 in current assets for every $1 in current liabilities, indicating the company can cover short-term obligations.
This is above the sector median of 1.21x, placing GLW in the 68th percentile among its peers, which suggests stronger short-term liquidity than most competitors. The year-over-year change is not available, the quarter-over-quarter change is not available, and the trend over the last eight quarters is also not available, so no direction can be inferred from these data. With a single data point showing a level above the sector median but no trend, the metric offers a neutral signal: liquidity appears adequate, but there is no information on whether it is improving or weakening. The combination of a decent current ratio with no trend supports the overall NEUTRAL verdict, as the metric neither indicates a clear strength nor a weakness for the stock.
Frequently Asked Questions
What does the Current Ratio tell investors about GLW?
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 GLW'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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1.61x
Sector Median
1.20x
Sector Avg
2.57x
How GLW's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.