PSX Current Ratio Analysis
Higher than 66% of Energy sector peers
Updated 504h ago·SEC filings & market data
Key Takeaway
The current ratio measures a company's ability to pay short-term obligations with its short-term assets; a value of 1.13x means PSX has $1.13 in current assets for every $1.00 of current liabilities, indicating a moderate liquidity cushion.
Sector Performance
66th percentilePSX
1.13x
Sector Median
0.90x
Sector Avg
0.99x
Deep Analysis
The current ratio measures a company's ability to pay short-term obligations with its short-term assets; a value of 1.13x means PSX has $1.13 in current assets for every $1.00 of current liabilities, indicating a moderate liquidity cushion.
This ratio sits above the Energy sector median of 0.90x, placing PSX in the 66th percentile among its peers. Trend data is not available: the year-over-year change and quarter-over-quarter change are both listed as N/A, and only one historical value of 1.13x is provided. The combination of a current ratio above the sector median with no trend information offers little directional insight, leaving the liquidity position as neutral relative to peers. This metric supports the overall NEUTRAL verdict, as it neither signals distress (below 1.0x) nor exceptional strength, aligning with a balanced risk profile.
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.
How does PSX's Current Ratio compare to its sector?
PSX's Current Ratio of 1.13x compares to a Energy sector median of 0.90x, placing it in the 66th percentile.
Who are PSX's closest peers by Current Ratio?
The closest Energy peers by Current Ratio include: PXD (0.90x), APA (0.92x), NOVA (0.78x), VTLE (0.78x), CHRD (1.02x).
Learn More About Current Ratio
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.
Master PSX's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full PSX research report →PSX
1.13x
Sector Median
0.90x
Sector Avg
0.99x
How PSX's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.