Current Ratio
Updated 56h ago
Sector Performance
76th percentilePNR
1.88x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 1.88x means PNR has $1.88 in current assets for every $1.00 of current liabilities due within a year, indicating a solid ability to cover short-term obligations.
Compared to sector peers, this ratio sits well above the sector median of 1.20x, placing PNR in the 76th percentile among those peers. No trend data is available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and the last eight quarters show only this single historical value of 1.88x. The absence of a trend limits the ability to assess direction, but the level itself—above the sector median—suggests lower short-term liquidity risk relative to peers. This positive liquidity position supports the overall NEUTRAL verdict by reinforcing stability, though it does not outweigh other factors that keep the stock rating neutral.
Frequently Asked Questions
What does the Current Ratio tell investors about PNR?
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 PNR's closest peers by Current Ratio?
The closest peers by Current Ratio include: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (0.40x), DRI (0.39x).
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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1.88x
Sector Median
1.20x
Sector Avg
2.57x
How PNR's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.