GOLDNEUTRAL

GOLD Current Ratio Analysis

1.18x

Higher than 71% of Financial Services sector peers

Updated 1693h agoยทSEC filings & market data

Key Takeaway

The current ratio of 1.18x means GOLD has $1.18 in current assets for every $1.00 in current liabilities, indicating it can cover short-term obligations without strain.

Sector Performance

71th percentile

GOLD

1.18x

Sector Median

0.70x

Sector Avg

4.55x

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Deep Analysis

The current ratio of 1.18x means GOLD has $1.18 in current assets for every $1.00 in current liabilities, indicating it can cover short-term obligations without strain.

That ratio sits above the sector median of 0.72x and ranks in the 69th percentile among peers, showing stronger liquidity than most financial services companies. The trend is not evaluable because both the year-over-year change and quarter-over-quarter change are reported as N/A, leaving no basis to determine whether liquidity is improving or eroding. A ratio at this level suggests limited near-term solvency risk, while the absence of trend data removes any signal of momentum in either direction. Because liquidity appears adequate but not exceptional, this metric neither raises red flags nor points to a clear advantage. This supports the overall NEUTRAL verdict, as the current ratio aligns with a balanced risk profile rather than a bullish or bearish case.

Frequently Asked Questions

What does the Current Ratio tell investors about GOLD?

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 GOLD's Current Ratio compare to its sector?

GOLD's Current Ratio of 1.18x compares to a Financial Services sector median of 0.70x, placing it in the 71th percentile.

Who are GOLD's closest peers by Current Ratio?

The closest Financial Services peers by Current Ratio include: AMP (0.70x), ACGL (0.68x), NAVI (0.75x), JPM (0.62x), NU (0.83x).

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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GOLD

1.18x

Sector Median

0.70x

Sector Avg

4.55x

How GOLD's Current Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.