PFG Current Ratio Analysis
Higher than 15% of Financial Services sector peers
Updated 3031h ago·SEC filings & market data
Key Takeaway
The current ratio measures a company’s ability to cover short-term obligations with short-term assets; a value of 0.23x means Principal Financial Group has only $0.23 in current assets for every $1 of current liabilities.
Sector Performance
15th percentilePFG
0.23x
Sector Median
0.70x
Sector Avg
4.55x
Deep Analysis
The current ratio measures a company’s ability to cover short-term obligations with short-term assets; a value of 0.23x means Principal Financial Group has only $0.23 in current assets for every $1 of current liabilities.
This level is well below the sector median of 0.79x, placing the company in the 13th percentile among financial-services peers — indicating a relatively low liquidity position. The year-over-year and quarter-over-quarter changes are both listed as N/A, and there is no trend data available for the last eight quarters. Without a directional trend, the key information is the low current ratio itself, which signals potential difficulty meeting near-term debts if cash flows falter. The overall NEUTRAL verdict is not directly contradicted by this metric, but the low ratio introduces a liquidity risk that investors should monitor, even if it may be typical for the financial-services industry where large institutional operations often rely on non-current funding.
Frequently Asked Questions
What does the Current Ratio tell investors about PFG?
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 PFG's Current Ratio compare to its sector?
PFG's Current Ratio of 0.23x compares to a Financial Services sector median of 0.70x, placing it in the 15th percentile.
Who are PFG's closest peers by Current Ratio?
The closest Financial Services peers by Current Ratio include: AMP (0.70x), ACGL (0.68x), NAVI (0.75x), JPM (0.62x), NU (0.83x).
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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0.23x
Sector Median
0.70x
Sector Avg
4.55x
How PFG's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.