PCTY Current Ratio Analysis
Updated 806h ago·SEC filings & market data
Key Takeaway
PCTY’s current ratio of 1.09x means its current assets are only 1.09 times its current liabilities, a basic measure of whether the company can cover debts due within a year.
Sector Performance
38th percentilePCTY
1.09x
Sector Median
1.26x
Sector Avg
2.60x
Prior Period
1.08x(Jul 2026)
Deep Analysis
PCTY’s current ratio of 1.09x means its current assets are only 1.09 times its current liabilities, a basic measure of whether the company can cover debts due within a year.
That sits below the sector median of 1.26x, placing PCTY at the 38th percentile among peers, so liquidity is thinner than most comparable companies. Trend data is unavailable: there is no year-over-year or quarter-over-quarter change reported, and the only historical value is this same 1.09x. The combination of a below-median but not critically low level with no observable direction signals limited liquidity risk rather than an acute problem. Still, the weak buffer against short-term obligations adds caution to the outlook. This metric neither confirms nor contradicts the NEUTRAL verdict—it supports it by showing a modest weakness offset by absence of deterioration.
Frequently Asked Questions
What does the Current Ratio tell investors about PCTY?
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.
Learn More About Current Ratio
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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1.09x
Sector Median
1.26x
Sector Avg
2.60x
How PCTY's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.