NET Current Ratio Analysis
Higher than 51% of Technology sector peers
Updated 72h ago·SEC filings & market data
Key Takeaway
The current ratio of 1.96x means Cloudflare has $1.96 in short-term assets (like cash and receivables) for every $1 of short-term liabilities due within a year, indicating a comfortable ability to cover upcoming obligations.
Sector Performance
51th percentileNET
1.96x
Sector Median
1.96x
Sector Avg
10.67x
Deep Analysis
The current ratio of 1.96x means Cloudflare has $1.96 in short-term assets (like cash and receivables) for every $1 of short-term liabilities due within a year, indicating a comfortable ability to cover upcoming obligations.
This sits just above the sector median of 1.95x and places the company in the 51st percentile among technology peers, essentially in line with the typical peer. However, the trend direction, year-over-year change, and quarter-over-quarter change are all listed as N/A because only one historical value is available, so no movement can be assessed. With a level that is virtually neutral versus peers and no trend data to suggest improvement or deterioration, the metric offers no clear signal of rising risk or opportunity by itself. This neutral reading neither supports nor contradicts the overall CAUTIOUS verdict, which likely stems from other factors such as growth sustainability or valuation concerns rather than liquidity.
Frequently Asked Questions
What does the Current Ratio tell investors about NET?
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 NET's Current Ratio compare to its sector?
NET's Current Ratio of 1.96x compares to a Technology sector median of 1.96x, placing it in the 51th percentile.
Who are NET's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: ORCL (1.12x), PCTY (1.08x), UBER (1.07x), SAP (1.07x), AAPL (1.07x).
Learn More About Current Ratio
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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1.96x
Sector Median
1.96x
Sector Avg
10.67x
How NET's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.