GOLD Current Ratio Analysis
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 percentileGOLD
1.18x
Sector Median
0.70x
Sector Avg
4.55x
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).
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.
Master GOLD's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full GOLD research report โGOLD
1.18x
Sector Median
0.70x
Sector Avg
4.55x
How GOLD's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.