Current Ratio

A current ratio of 1.00x means that PPL has exactly $1.00 in current assets for every $1.00 of current liabilities — a sign that the company can just barely cover its short-term obligations.

Compared to the utilities sector median of 0.85x, PPL sits above the typical peer, ranking in the 64th percentile. The year-over-year change is not available, but the quarter-over-quarter drop of -39.0% — from 1.64x to 1.00x — shows a rapid deterioration in short-term liquidity. A ratio at exactly 1.00x offers no cushion, and the steep quarterly decline suggests rising liabilities or falling cash holdings, increasing near-term financial risk. This combination of a marginal liquidity level and a negative trend points to elevated vulnerability, offsetting any comfort from being above the sector median. The overall NEUTRAL verdict is supported: the metric does not trigger a bearish alarm, but it introduces enough caution to prevent a bullish stance.

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