LYFT Current Ratio Analysis
Higher than 0% of Technology sector peers
Updated 312h ago·SEC filings & market data
Key Takeaway
LYFT’s current ratio of 0.58x means that for every dollar of short-term liabilities due within a year, the company has only $0.58 in current assets like cash and receivables — a level indicating potential difficulty covering near-term obligations.
Sector Performance
0th percentileLYFT
0.58x
Sector Median
1.96x
Sector Avg
10.67x
Deep Analysis
LYFT’s current ratio of 0.58x means that for every dollar of short-term liabilities due within a year, the company has only $0.58 in current assets like cash and receivables — a level indicating potential difficulty covering near-term obligations.
This sits far below the sector median of 1.86x, placing LYFT in the 0th percentile among its Technology peers, meaning nearly every other company in the sector reports a higher ratio. Because the year-over-year and quarter-over-quarter changes are both listed as N/A, and the only historical value is the single 0.58x figure, no trend can be assessed — the metric is essentially a static data point. The combination of an extremely low current ratio with no trend data implies elevated short-term liquidity risk, as the company has a thin cushion to meet debts, but the absence of deterioration offers no signal of worsening. This metric directly contradicts the overall NEUTRAL verdict, as a ratio this far below peers typically flags a material financial weakness rather than a balanced risk profile.
Frequently Asked Questions
What does the Current Ratio tell investors about LYFT?
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.
How does LYFT's Current Ratio compare to its sector?
LYFT's Current Ratio of 0.58x compares to a Technology sector median of 1.96x, placing it in the 0th percentile.
Who are LYFT's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: ASAN (1.15x), ORCL (1.12x), PCTY (1.08x), UBER (1.07x), SAP (1.07x).
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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0.58x
Sector Median
1.96x
Sector Avg
10.67x
How LYFT's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.