Current Ratio

The current ratio of 1.09x measures HPE’s ability to pay short-term debts with its short-term assets; a ratio above 1.0x indicates it has more current assets than liabilities.

Against sector peers, HPE’s ratio sits below the median of 1.21x, placing it in the 40th percentile—meaning 60% of peers have a higher current ratio. The year-over-year change is not available, but the quarter-over-quarter change shows a +5.8% improvement from 1.03x to 1.09x. Although the current level is below the sector median, the upward quarterly trend suggests a recent strengthening in liquidity, reducing immediate default risk. This combination—a below-median level paired with a positive short-term move—points to a moderate risk profile where the company is not overly exposed but still has room to improve. The metric neither strongly supports nor contradicts the overall NEUTRAL verdict; it reflects average short-term financial health without a standout positive or negative signal.

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