Current Ratio
Higher than 0% of TECHNOLOGY sector peers
Updated 58h ago
Sector Performance
0th percentileNOW
0.84x
Sector Median
0.84x
Sector Avg
0.84x
Deep Analysis
The current ratio of 0.84x means that for every dollar of short-term liabilities, the company has only $0.84 in current assets, indicating a liquidity position where liabilities exceed easily accessible cash and equivalents.
This ratio sits exactly at the sector median of 0.84x, but it places NOW in the 0th percentile among its TECHNOLOGY peers, meaning all other companies in the sector have a higher current ratio. No trend data is available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and no historical values beyond the single current figure are provided. Without a trend, the assessment relies solely on the level, which at 0.84x is at the sector median yet at the very bottom of the peer ranking — a low ratio that typical investors view as a potential warning of short-term solvency risk. This combination of a low current ratio with no improving trend reinforces the cautionary view. The metric directly supports the overall CAUTIOUS verdict, as weak liquidity relative to peers is a risk factor for the stock.
Frequently Asked Questions
What does the Current Ratio tell investors about NOW?
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 NOW's Current Ratio compare to its sector?
NOW's Current Ratio of 0.84x compares to a TECHNOLOGY sector median of 0.84x, placing it in the 0th percentile.
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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0.84x
Sector Median
0.84x
Sector Avg
0.84x
How NOW's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.