MHKNEUTRAL

MHK Current Ratio Analysis

2.16x

Updated 48h ago·SEC filings & market data

Key Takeaway

The current ratio of 2.16x means MHK has $2.16 in current assets for every $1 of current liabilities, indicating a strong ability to cover short-term obligations.

Sector Performance

81th percentile

MHK

2.16x

Sector Median

1.20x

Sector Avg

2.57x

Prior Period

2.19x(Apr 2026)

↓ Declining

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Deep Analysis

The current ratio of 2.16x means MHK has $2.16 in current assets for every $1 of current liabilities, indicating a strong ability to cover short-term obligations.

Among sector peers, this ratio sits well above the sector median of 1.20x, placing MHK in the 81st percentile. The trend is not available: the year-over-year change is N/A, and the quarter-over-quarter change is N/A. Because the metric lacks a trend direction, the high level alone suggests a low short-term liquidity risk, but the absence of historical movement limits insight into whether that strength is improving or eroding. This combination does not contradict the overall NEUTRAL verdict, as the strong current ratio supports a stable financial footing, while the missing trend data provides no basis to upgrade or downgrade the assessment.

Frequently Asked Questions

What does the Current Ratio tell investors about MHK?

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 MHK's closest peers by Current Ratio?

The closest peers by Current Ratio include: GEN (0.40x), USB (0.40x), CHTR (0.40x), DRI (0.39x), WFC (0.34x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.