PAASNEUTRAL

PAAS Current Ratio Analysis

2.84x

Higher than 56% of Basic Materials sector peers

Updated 9h ago·SEC filings & market data

Key Takeaway

The current ratio of 2.84x means PAAS has $2.84 in current assets for every $1 of current liabilities, indicating it can comfortably cover short-term obligations.

Sector Performance

56th percentile

PAAS

2.84x

Sector Median

2.79x

Sector Avg

6.81x

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Deep Analysis

The current ratio of 2.84x means PAAS has $2.84 in current assets for every $1 of current liabilities, indicating it can comfortably cover short-term obligations.

This exactly matches the sector median of 2.84x, placing the company at the 50th percentile among Basic Materials peers, so liquidity is neither above nor below the typical peer. The trend is N/A, as the year-over-year change and quarter-over-quarter change are both N/A, meaning no direction can be assessed from the data provided. Because the level sits precisely at the peer median and no trend data exists, the investment risk and opportunity are evenly balanced, offering no clear liquidity-driven advantage or concern. This metric supports the overall NEUTRAL verdict on PAAS, as it shows average short-term financial health without signaling any strength or weakness relative to the sector.

Frequently Asked Questions

What does the Current Ratio tell investors about PAAS?

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 PAAS's Current Ratio compare to its sector?

PAAS's Current Ratio of 2.84x compares to a Basic Materials sector median of 2.79x, placing it in the 56th percentile.

Who are PAAS's closest peers by Current Ratio?

The closest Basic Materials peers by Current Ratio include: AG (2.73x), AEM (3.15x), ALB (2.07x), RGLD (3.52x), BHP (1.65x).

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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.