GTLB Current Ratio Analysis
Updated 878h ago·SEC filings & market data
Key Takeaway
The current ratio measures a company's ability to cover short-term obligations with short-term assets; at 2.41x, GTLB holds $2.41 in current assets for every $1 of current liabilities.
Sector Performance
82th percentileGTLB
2.41x
Sector Median
1.26x
Sector Avg
2.60x
Prior Period
2.55x(Aug 2026)
Deep Analysis
The current ratio measures a company's ability to cover short-term obligations with short-term assets; at 2.41x, GTLB holds $2.41 in current assets for every $1 of current liabilities.
This sits above the sector median of 1.26x, placing GTLB in the 82nd percentile among peers, meaning most comparable companies carry thinner liquidity buffers. The metric declined 5.5% quarter-over-quarter, from 2.55x to 2.41x, though year-over-year data and eight-quarter history are unavailable, so the longer trajectory is unclear. The high level signals a comfortable safety margin for meeting near-term debts, but the recent quarterly drop warrants monitoring as
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.
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 GTLB's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full GTLB research report →GTLB
2.41x
Sector Median
1.26x
Sector Avg
2.60x
How GTLB's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.