NUENEUTRAL

NUE Current Ratio Analysis

2.90x

Updated 9h ago·SEC filings & market data

Key Takeaway

A current ratio of 2.90x means NUE has $2.90 in current assets for every $1.00 in current liabilities, indicating a strong ability to cover short-term obligations.

Sector Performance

86th percentile

NUE

2.90x

Sector Median

1.26x

Sector Avg

2.61x

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Deep Analysis

A current ratio of 2.90x means NUE has $2.90 in current assets for every $1.00 in current liabilities, indicating a strong ability to cover short-term obligations.

This is far above the sector median of 1.25x, placing NUE in the 87th percentile among sector peers. However, the trend data is N/A, with both year-over-year change and quarter-over-quarter change not provided, so no directional movement can be confirmed. The combination of a very high liquidity level with no trend information suggests limited near-term solvency risk, but also leaves uncertainty about whether this position is improving or deteriorating. For an investor, this metric alone offers a snapshot of stability, not a forward-looking signal. This supports the overall NEUTRAL verdict, as strong liquidity is a positive factor but does not override other considerations that keep the stock rating neutral.

Frequently Asked Questions

What does the Current Ratio tell investors about NUE?

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 NUE's closest peers by Current Ratio?

The closest peers by Current Ratio include: NWS (1.62x), IR (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x).

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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.