SLM Current Ratio Analysis
Higher than 92% of Financial Services sector peers
Updated 1704h ago·SEC filings & market data
Key Takeaway
The current ratio of 13.93x means SLM Corporation holds $13.93 in current assets—like cash and receivables—for every $1 of current liabilities due within a year, indicating very strong short-term liquidity.
Sector Performance
92th percentileSLM
13.93x
Sector Median
0.79x
Sector Avg
4.50x
Deep Analysis
The current ratio of 13.93x means SLM Corporation holds $13.93 in current assets—like cash and receivables—for every $1 of current liabilities due within a year, indicating very strong short-term liquidity.
This far exceeds the Financial Services sector median of 0.79x, placing SLM in the 92nd percentile among its peers. Trend data is not available: the year-over-year change and quarter-over-quarter change are both marked as N/A, so no directional movement can be assessed. Without a trend, the extreme level alone suggests low immediate default risk but may also point to idle cash or inefficient asset deployment compared to the sector norm. This combination of a very high ratio with no trend data neither creates a clear investment opportunity nor a red flag, leaving risk assessment incomplete. The NEUTRAL verdict is supported, as the metric’s strength is offset by the absence of trend context and the potential for below-average returns on excess liquidity.
Frequently Asked Questions
What does the Current Ratio tell investors about SLM?
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 SLM's Current Ratio compare to its sector?
SLM's Current Ratio of 13.93x compares to a Financial Services sector median of 0.79x, placing it in the 92th percentile.
Who are SLM's closest peers by Current Ratio?
The closest Financial Services peers by Current Ratio include: NAVI (0.75x), AMP (0.70x), SPGI (0.68x), ACGL (0.68x), JPM (0.62x).
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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13.93x
Sector Median
0.79x
Sector Avg
4.50x
How SLM's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.