SMAR Current Ratio Analysis
Higher than 36% of Technology sector peers
Updated 1656h ago·SEC filings & market data
Key Takeaway
Smartsheet’s current ratio of 1.51x means the company has $1.51 in current assets (like cash and receivables) for every $1 of short-term liabilities due within a year.
Sector Performance
36th percentileSMAR
1.51x
Sector Median
1.96x
Sector Avg
10.67x
Deep Analysis
Smartsheet’s current ratio of 1.51x means the company has $1.51 in current assets (like cash and receivables) for every $1 of short-term liabilities due within a year.
This is below the technology sector median of 1.95x, placing Smartsheet in the 35th percentile among its peers—indicating a relatively lower liquidity cushion than most sector companies. Trend data is unavailable: the year-over-year change and quarter-over-quarter change are both listed as N/A, and no historical values for the last eight quarters are provided. Without a trend, the combination of a below-median current ratio and zero directional information leaves an unclear picture; however, the current level alone suggests modest short-term financial flexibility but not acute distress. This metric supports the overall NEUTRAL verdict because it neither signals a clear red flag nor a strength, given the lack of historical context to assess improvement or deterioration.
Frequently Asked Questions
What does the Current Ratio tell investors about SMAR?
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 SMAR's Current Ratio compare to its sector?
SMAR's Current Ratio of 1.51x compares to a Technology sector median of 1.96x, placing it in the 36th percentile.
Who are SMAR'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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1.51x
Sector Median
1.96x
Sector Avg
10.67x
How SMAR's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.