GTLBNEUTRAL

GTLB Current Ratio Analysis

2.55x

Higher than 64% of Technology sector peers

Updated 300h ago·SEC filings & market data

Key Takeaway

The current ratio of 2.55x means GTLB has $2.55 in short-term assets for every $1 of short-term liabilities, indicating it can cover near-term obligations comfortably.

Sector Performance

64th percentile

GTLB

2.55x

Sector Median

1.99x

Sector Avg

15.09x

Prior Period

2.54x(May 2026)

→ Stable

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Deep Analysis

The current ratio of 2.55x means GTLB has $2.55 in short-term assets for every $1 of short-term liabilities, indicating it can cover near-term obligations comfortably.

Compared to the sector median of 1.99x, GTLB ranks at the 61st percentile among technology peers, placing it above the typical company. The trend direction is N/A, with year-over-year change N/A and quarter-over-quarter change N/A, so no pattern of improvement or decline is available. Because the level sits above the sector median but

Frequently Asked Questions

What does the Current Ratio tell investors about GTLB?

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 GTLB's Current Ratio compare to its sector?

GTLB's Current Ratio of 2.55x compares to a Technology sector median of 1.99x, placing it in the 64th percentile.

Who are GTLB's closest peers by Current Ratio?

The closest Technology peers by Current Ratio include: SMAR (1.51x), ASML (1.36x), ACN (1.34x), BRZE (1.24x), BR (1.24x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.