ILMNNEUTRAL

Current Ratio

1.75x

Updated 131h ago

Sector Performance

73th percentile

ILMN

1.75x

Sector Median

1.20x

Sector Avg

2.57x

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Deep Analysis

The current ratio of 1.75x means ILMN has $1.75 in current assets (cash, receivables, inventory) for every $1 of current liabilities due within a year, indicating comfortable short-term liquidity.

This compares favorably to the sector median of 1.19x, placing ILMN in the 73rd percentile among its peers. No year-over-year or quarter-over-quarter changes are reported, so there is no trend data to evaluate. The strong current ratio suggests low near-term default risk, but the absence of a trend leaves uncertainty about whether liquidity is improving or weakening. This liquidity position aligns with the overall NEUTRAL verdict, as it supports current financial stability without providing a clear directional signal for upside or downside.

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: 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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ILMN

1.75x

Sector Median

1.20x

Sector Avg

2.57x

How ILMN's Current Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.