PSXNEUTRAL

PSX Current Ratio Analysis

1.32x

Updated 1275h ago·SEC filings & market data

Key Takeaway

A current ratio of 1.32x means PSX has $1.32 in short-term assets for every $1 of short-term liabilities, indicating it can cover near-term obligations.

Sector Performance

53th percentile

PSX

1.32x

Sector Median

1.26x

Sector Avg

2.60x

Prior Period

1.13x(Jul 2026)

↑ Improving

📊

Deep Analysis

A current ratio of 1.32x means PSX has $1.32 in short-term assets for every $1 of short-term liabilities, indicating it can cover near-term obligations.

That sits above the sector median of 1.25x, placing the company in the 54th percentile among peers. The metric is N/A, with both the year-over-year change and quarter-over-quarter change listed as N/A, so no trend direction is available for the last 8 quarters. The combination of a level slightly above the sector norm and no observable trend offers limited insight, implying neither a clear liquidity-driven risk nor a distinct opportunity. This metric supports the overall NEUTRAL verdict because the current ratio is close to the sector midpoint and lacks directional movement to tilt the assessment.

Frequently Asked Questions

What does the Current Ratio tell investors about PSX?

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.

📚

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.