MELINEUTRAL

Current Ratio

1.16x

Higher than 32% of Consumer Cyclical sector peers

Updated 8h ago

Sector Performance

32th percentile

MELI

1.16x

Sector Median

1.44x

Sector Avg

2.69x

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Deep Analysis

The current ratio of 1.16x means MELI has $1.16 in short-term assets for every $1.00 of short-term liabilities, indicating a basic ability to cover near-term obligations.

This is below the Consumer Cyclical sector median of 1.44x, placing the company at the 32nd percentile among peers — suggesting a tighter liquidity position than most. The year-over-year change and quarter-over-quarter change are both listed as N/A, so no trend direction is available for the last eight quarters. Without a trend, you cannot assess whether the company’s liquidity is improving or worsening, increasing uncertainty around short-term risk. The low current ratio relative to the sector could signal higher vulnerability to cash flow disruptions, but the absence of trend data limits any strong conclusion. This metric aligns with the overall NEUTRAL verdict, as the below-median level introduces a cautionary factor without enough directional evidence to tilt the view bullish or bearish.

Frequently Asked Questions

What does the Current Ratio tell investors about MELI?

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 MELI's Current Ratio compare to its sector?

MELI's Current Ratio of 1.16x compares to a Consumer Cyclical sector median of 1.44x, placing it in the 32th percentile.

Who are MELI's closest peers by Current Ratio?

The closest Consumer Cyclical peers by Current Ratio include: URBN (1.48x), BROS (1.33x), SHAK (1.69x), CHPT (1.15x), RH (1.13x).

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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MELI

1.16x

Sector Median

1.44x

Sector Avg

2.69x

How MELI's Current Ratio compares to sector peers.

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