QCOM Current Ratio Analysis
Higher than 57% of Technology sector peers
Updated 120h ago·SEC filings & market data
Key Takeaway
The current ratio of 2.37x means QCOM has $2.37 in current assets (like cash and receivables) for every $1 of short-term liabilities due within a year, indicating it can comfortably cover near-term obligations.
Sector Performance
57th percentileQCOM
2.37x
Sector Median
1.96x
Sector Avg
10.67x
Prior Period
2.51x(Apr 2026)
Deep Analysis
The current ratio of 2.37x means QCOM has $2.37 in current assets (like cash and receivables) for every $1 of short-term liabilities due within a year, indicating it can comfortably cover near-term obligations.
This sits above the technology sector median of 1.95x and places QCOM in the 58th percentile among its peers, meaning it ranks slightly higher than the typical sector company on liquidity. No year-over-year or quarter-over-quarter change data is available, so the trend direction cannot be assessed from the provided figures. With a ratio above the sector median but no trend data to confirm stability or improvement, the level alone suggests adequate liquidity, but the absence of a directional signal leaves uncertainty about whether this position is strengthening or weakening. This metric does not contradict the overall CAUTIOUS verdict, as a moderately above-median current ratio offers some financial cushion but does not offset other concerns that drive the cautious outlook.
Frequently Asked Questions
What does the Current Ratio tell investors about QCOM?
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 QCOM's Current Ratio compare to its sector?
QCOM's Current Ratio of 2.37x compares to a Technology sector median of 1.96x, placing it in the 57th percentile.
Who are QCOM's closest peers by Current Ratio?
The closest Technology peers by Current Ratio include: ORCL (1.12x), PCTY (1.08x), UBER (1.07x), SAP (1.07x), AAPL (1.07x).
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.
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2.37x
Sector Median
1.96x
Sector Avg
10.67x
How QCOM's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.