GOLD Current Ratio Analysis
Higher than 64% of Financial Services sector peers
Updated 228h ago·SEC filings & market data
Key Takeaway
The current ratio of 1.18x means GOLD has $1.18 in current assets (like cash and inventory) for every $1 in short-term liabilities due within a year, indicating a comfortable ability to cover near-term debts.
Sector Performance
64th percentileGOLD
1.18x
Sector Median
0.79x
Sector Avg
4.50x
Deep Analysis
The current ratio of 1.18x means GOLD has $1.18 in current assets (like cash and inventory) for every $1 in short-term liabilities due within a year, indicating a comfortable ability to cover near-term debts.
This sits well above the Financial Services sector median of 0.79x, placing GOLD in the 64th percentile among its peers. Because the year-over-year and quarter-over-quarter changes are both listed as N/A, there is no trend data available to assess whether liquidity is improving or weakening. The combination of a current ratio above the sector median with no trend information suggests a neutral liquidity position, neither a clear opportunity nor an immediate risk. This metric supports the overall NEUTRAL verdict, as the above-median level is favorable but the absence of directional movement prevents a stronger bullish or bearish stance.
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 0.79x, placing it in the 64th percentile.
Who are GOLD's closest peers by Current Ratio?
The closest Financial Services peers by Current Ratio include: NAVI (0.75x), AMP (0.70x), SPGI (0.68x), ACGL (0.68x), JPM (0.62x).
Learn More About Current Ratio
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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1.18x
Sector Median
0.79x
Sector Avg
4.50x
How GOLD's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.