Current Ratio
Updated 1928h ago
Sector Performance
99th percentileHIG
18.17x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 18.17x means that for every dollar of short-term liabilities, Hartford Financial Services Group (HIG) holds $18.17 in current assets, indicating a very high liquidity buffer.
Among its sector peers, the median current ratio is 1.21x, placing HIG in the 98th percentile—far above typical industry levels. Trend data is unavailable: the year-over-year change, quarter-over-quarter change, and trailing eight-quarter direction are all marked N/A. Without a trend, the extreme current ratio level suggests low short-term default risk but could also point to inefficient asset use, as very high liquidity often earns minimal returns. This metric alone does not clearly indicate opportunity or risk given the missing trend context. It supports the NEUTRAL verdict because the outlier liquidity does not inherently signal either a buy or sell catalyst.
Frequently Asked Questions
What does the Current Ratio tell investors about HIG?
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.
Who are HIG's closest peers by Current Ratio?
The closest peers by Current Ratio include: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (0.40x), DRI (0.39x).
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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18.17x
Sector Median
1.20x
Sector Avg
2.57x
How HIG's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.