PLDNEUTRAL

PLD Current Ratio Analysis

0.74x

Updated 153h ago·SEC filings & market data

Key Takeaway

A current ratio of 0.74x means PLD has only $0.74 of current assets for every $1 of current liabilities, indicating that it may struggle to cover short-term obligations if they all came due at once.

Sector Performance

16th percentile

PLD

0.74x

Sector Median

1.26x

Sector Avg

2.61x

Prior Period

0.61x(Jul 2026)

↑ Improving
📊

Deep Analysis

A current ratio of 0.74x means PLD has only $0.74 of current assets for every $1 of current liabilities, indicating that it may struggle to cover short-term obligations if they all came due at once.

This sits far below the sector median of 1.25x, placing the company in the 17th percentile among peers, so most comparable firms are in a stronger liquidity position. The year-over-year change is N/A, but quarter-over-quarter the ratio improved by 21.3%, climbing from 0.61x to 0.74x. The level points to elevated short-term liquidity risk, yet the recent upward move hints at a stabilizing trend rather than a deteriorating one. For an investor, the combination of a low level with a positive quarterly shift suggests caution is warranted, but the trend may soften the downside. This metric partially contradicts a neutral view by highlighting a weaker liquidity profile, but the improvement keeps it from pushing the verdict toward bearish. On balance, it supports the overall NEUTRAL rating, as the risk is real but not accelerating.

Frequently Asked Questions

What does the Current Ratio tell investors about PLD?

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.

Who are PLD's closest peers by Current Ratio?

The closest peers by Current Ratio include: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).

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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PLD

0.74x

Sector Median

1.26x

Sector Avg

2.61x

How PLD's Current Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.