PLUGCAUTIOUS

PLUG Current Ratio Analysis

2.36x

Higher than 80% of Industrials sector peers

Updated 1213h ago·SEC filings & market data

Key Takeaway

A current ratio of 2.36x means PLUG has $2.36 in current assets for every $1 of current liabilities, a common measure of short-term liquidity.

Sector Performance

80th percentile

PLUG

2.36x

Sector Median

1.18x

Sector Avg

3.23x

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Deep Analysis

A current ratio of 2.36x means PLUG has $2.36 in current assets for every $1 of current liabilities, a common measure of short-term liquidity.

This sits well above the sector median of 1.18x, placing the company in the 86th percentile among Industrials peers. Trend data is not available: both the year-over-year and quarter-over-quarter changes are reported as N/A, so no directional signal can be drawn. The high liquidity level alone suggests a comfortable capacity to cover near-term obligations, but the absence of trend data limits any forward-looking conclusion. This metric contradicts the overall CAUTIOUS verdict, since ample short-term liquidity reduces immediate solvency risk rather than adding to it.

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 80th percentile.

Who are PLUG's closest peers by Current Ratio?

The closest Industrials peers by Current Ratio include: BA (1.18x), AME (1.14x), AVY (1.13x), MMM (1.24x), PWR (1.10x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

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.