Current Ratio

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

Closest Sector Peers