Current Ratio
Higher than 66% of Consumer Cyclical sector peers
Updated 8h ago
Sector Performance
66th percentileSHAK
1.69x
Sector Median
1.44x
Sector Avg
2.69x
Deep Analysis
The current ratio of 1.69x means SHAK has $1.69 in short-term assets for every $1.00 of short-term liabilities, indicating it can comfortably cover its near-term obligations.
This ratio sits above the sector median of 1.44x, placing SHAK in the 66th percentile among its Consumer Cyclical peers, meaning it has a stronger liquidity position than two-thirds of its competitors. No trend data is available because the year-over-year change and quarter-over-quarter change are both listed as N/A, and the metric has only one historical value of 1.69x. Without a trend, the assessment relies solely on the current level, which is above the sector median and suggests lower short-term financial risk than average. However, a single point does not indicate improving or deteriorating liquidity, so it neither signals a clear opportunity nor a specific risk beyond the current healthy position. This metric supports the NEUTRAL verdict because the above-median ratio is a positive but not exceptional attribute, while the absence of trend data prevents any directional conclusion.
Frequently Asked Questions
What does the Current Ratio tell investors about SHAK?
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 SHAK's Current Ratio compare to its sector?
SHAK's Current Ratio of 1.69x compares to a Consumer Cyclical sector median of 1.44x, placing it in the 66th percentile.
Who are SHAK's closest peers by Current Ratio?
The closest Consumer Cyclical peers by Current Ratio include: URBN (1.48x), BROS (1.33x), MELI (1.16x), CHPT (1.15x), RH (1.13x).
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 SHAK's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full SHAK research report →SHAK
1.69x
Sector Median
1.44x
Sector Avg
2.69x
How SHAK's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.