Current Ratio

The current ratio of 0.71x measures a company's ability to cover its short-term liabilities with its short-term assets; a value below 1.0x indicates that current liabilities exceed current assets, implying potential liquidity pressure.

Compared to its sector peers, OKE stands at just the 14th percentile, well below the sector median of 1.21x, meaning the vast majority of peers maintain a stronger liquidity position. Trend data is not available, as the year-over-year change, quarter-over-quarter change, and the last eight quarters are all reported as N/A, so no directional shift can be assessed. The combination of a low current ratio (well below 1.0x) with no trend information leaves uncertainty about whether liquidity is improving or deteriorating, which introduces risk for investors focused on near-term financial stability. This metric does not contradict the NEUTRAL overall verdict, but it reinforces caution: the weak liquidity level suggests the company may rely on external financing or cash flow to meet obligations, yet without trend data, the degree of risk remains unclear.

Frequently Asked Questions

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