Current Ratio
Higher than 27% of Technology sector peers
Updated 318h ago
Sector Performance
27th percentilePTC
1.23x
Sector Median
1.95x
Sector Avg
10.71x
Deep Analysis
PTC Inc.'s current ratio of 1.23x means the company has $1.23 in short-term assets for every $1 of short-term liabilities, indicating it can cover its near-term obligations.
This ratio sits well below the sector median of 1.84x, placing PTC in the 28th percentile among technology peers, meaning most competitors have higher liquidity. Over the last eight quarters the trend direction has been decreasing, though the quarter-over-quarter change shows a +16.0% improvement from the prior quarter; no year-over-year change is available. The combination of a below-median current ratio with a historically decreasing trend signals liquidity risk, but the recent quarterly uptick may offer a short-term cushion. This metric generally contradicts the overall NEUTRAL verdict, as the low liquidity level and downward trend suggest higher financial vulnerability than peers.
Frequently Asked Questions
What does the Current Ratio tell investors about PTC?
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 PTC's Current Ratio compare to its sector?
PTC's Current Ratio of 1.23x compares to a Technology sector median of 1.95x, placing it in the 27th percentile.
Who are PTC's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: U (1.95x), WIT (2.05x), GRAB (1.67x), WEX (1.05x), YOU (1.01x).
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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1.23x
Sector Median
1.95x
Sector Avg
10.71x
How PTC's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.