PLUGCAUTIOUS

PLUG Current Ratio Analysis

2.36x

Higher than 87% of Industrials sector peers

Updated 238h ago·SEC filings & market data

Key Takeaway

PLUG’s current ratio of 2.36x means the company has $2.36 in short-term assets for every $1 of short-term liabilities, indicating it can cover its near-term obligations comfortably.

Sector Performance

87th percentile

PLUG

2.36x

Sector Median

1.18x

Sector Avg

2.81x

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Deep Analysis

PLUG’s current ratio of 2.36x means the company has $2.36 in short-term assets for every $1 of short-term liabilities, indicating it can cover its near-term obligations comfortably.

This is well above the Industrials sector median of 1.18x and places PLUG in the 87th percentile among sector peers, signaling stronger-than-average liquidity. Historical trend data is not available: the year-over-year and quarter-over-quarter changes are each listed as N/A, and no prior eight-quarter data exists to assess direction. With a high current ratio but no trend to confirm improvement or deterioration, the metric suggests current liquidity is a buffer against short-term financial stress, though the lack of trend limits forward visibility. This strong liquidity level supports the overall CAUTIOUS verdict by providing a safety net that partially offsets the stock’s other risk factors, but does not alone justify a more bullish stance.

Frequently Asked Questions

What does the Current Ratio tell investors about PLUG?

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 PLUG's Current Ratio compare to its sector?

PLUG's Current Ratio of 2.36x compares to a Industrials sector median of 1.18x, placing it in the 87th percentile.

Who are PLUG's closest peers by Current Ratio?

The closest Industrials peers by Current Ratio include: BA (1.18x), AME (1.14x), PWR (1.14x), BLNK (1.23x), ROK (1.09x).

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Learn More About Current Ratio

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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.