LYFTNEUTRAL

LYFT Current Ratio Analysis

0.58x

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 percentile

LYFT

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).

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.

Advertisement

Master LYFT's Valuation

Get the complete institutional research report covering all fundamental and technical metrics.

View full LYFT research report

Free account — no credit card

LYFT

0.58x

Sector Median

1.96x

Sector Avg

10.67x

How LYFT's Current Ratio compares to sector peers.

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