ILMN Current Ratio Analysis
Updated 825h ago·SEC filings & market data
Key Takeaway
ILMN's current ratio of 1.75x means the company has $1.75 in current assets (cash, receivables, inventory) for every $1.00 of liabilities due within one year, indicating it can comfortably cover short-term obligations.
Sector Performance
72th percentileILMN
1.75x
Sector Median
1.26x
Sector Avg
2.61x
Prior Period
2.08x(Apr 2026)
Deep Analysis
ILMN's current ratio of 1.75x means the company has $1.75 in current assets (cash, receivables, inventory) for every $1.00 of liabilities due within one year, indicating it can comfortably cover short-term obligations.
This ratio sits above the sector median of 1.20x and places ILMN in the 74th percentile among its peers, suggesting stronger than average liquidity. The trend cannot be assessed because the year-over-year change and quarter-over-quarter change are both listed as N/A, and historical data is limited to a single value of 1.75x. Without trend direction, the high level alone points to a low short-term solvency risk, but the absence of trend removes the ability to see if liquidity is strengthening or weakening. Since the overall verdict is NEUTRAL, this metric supports that view: the above-median current ratio reduces immediate risk, but the lack of trend data prevents a bullish or bearish tilt.
Frequently Asked Questions
What does the Current Ratio tell investors about ILMN?
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 ILMN's closest peers by Current Ratio?
The closest peers by Current Ratio include: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).
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.
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1.75x
Sector Median
1.26x
Sector Avg
2.61x
How ILMN's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.