MKTXNEUTRAL

MKTX Current Ratio Analysis

1.99x

Updated 360h ago·SEC filings & market data

Key Takeaway

The current ratio of 1.99x means MKTX has $1.99 in current assets for every $1 of current liabilities, indicating it can cover short-term obligations comfortably.

Sector Performance

79th percentile

MKTX

1.99x

Sector Median

1.20x

Sector Avg

2.57x

Prior Period

24.26x(May 2026)

↓ Declining

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Deep Analysis

The current ratio of 1.99x means MKTX has $1.99 in current assets for every $1 of current liabilities, indicating it can cover short-term obligations comfortably.

This figure sits above the sector median of 1.21x, placing MKTX in the 78th percentile among peers—a stronger liquidity position than most. However, the metric has been decreasing over the last eight quarters, with a quarter-over-quarter decline of -91.8% from 24.26x to 1.99x (year-over-year change is unavailable). The combination of a still-healthy level above the median but a steep downward trend suggests near-term liquidity risk from potential deterioration, offsetting the current strength. Overall, this metric supports the NEUTRAL verdict: the ratio is adequate, but the rapid decline warrants caution rather than a bullish or bearish call.

Frequently Asked Questions

What does the Current Ratio tell investors about MKTX?

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 MKTX'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.