Current Ratio
Updated 296h ago
Sector Performance
89th percentileNUE
2.90x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
With a current ratio of 2.90x, NUE holds $2.90 in short-term assets for every $1.00 of short-term liabilities — a measure of its ability to cover near-term obligations.
This sits far above the sector median of 1.21x, placing the company in the 88th percentile among peers. Trend data is not available: the year-over-year change is listed as N/A, the quarter-over-quarter change as N/A, and no historical values beyond the current reading are provided. The combination of a well-above-average liquidity level with no observable trend means there is no indication of improvement or deterioration, creating a neutral risk profile. This metric supports the overall NEUTRAL verdict — the strong current ratio suggests financial stability, but the absence of trend information prevents any bullish or bearish adjustment.
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: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (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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2.90x
Sector Median
1.20x
Sector Avg
2.57x
How NUE's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.