Current Ratio
Updated 128h ago
Sector Performance
82th percentileIR
2.23x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 2.23x means the company has $2.23 in current assets for every $1 of current liabilities, indicating it can comfortably cover short-term obligations.
This is well above the sector median of 1.19x, placing the company in the 82nd percentile among its peers — meaning it has stronger liquidity than most. No trend data is available because the year-over-year change, quarter-over-quarter change, and last eight quarters of history are all marked as "N/A." With a high level but no trend to judge direction, investors cannot assess whether liquidity is improving or weakening. The strong liquidity level alone reduces short-term financial risk, but the lack of trend information limits the ability to gauge future stability. This metric supports the overall NEUTRAL verdict because the high ratio is a positive factor, yet the absence of any trend prevents it from tipping the view toward bullish.
Frequently Asked Questions
What does the Current Ratio tell investors about IR?
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 IR'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.
Master IR's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full IR research report →IR
2.23x
Sector Median
1.20x
Sector Avg
2.57x
How IR's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.