Current Ratio
Updated 126h ago
Sector Performance
87th percentileNDSN
2.60x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
With a current ratio of 2.60x, the company has more than two and a half times its short-term obligations covered by its short-term assets, indicating strong liquidity.
This is well above the sector median of 1.19x and places NDSN in the 87th percentile among its peers. However, the year-over-year and quarter-over-quarter changes are both listed as N/A, meaning no trend data is available to assess whether liquidity is improving or deteriorating. The combination of a high current ratio with no trend history suggests a stable liquidity position but offers no insight into recent shifts, limiting the ability to identify emerging risks or opportunities. This metric supports the overall NEUTRAL verdict, as the strong liquidity level alone does not justify a bullish or bearish stance without additional context or trend confirmation.
Frequently Asked Questions
What does the Current Ratio tell investors about NDSN?
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 NDSN's closest peers by Current Ratio?
The closest peers by Current Ratio include: KEY (0.42x), GEN (0.40x), CHTR (0.40x), USB (0.40x), DRI (0.39x).
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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2.60x
Sector Median
1.20x
Sector Avg
2.57x
How NDSN's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.