TAPCAUTIOUS

TAP Current Ratio Analysis

0.88x

Updated 6h ago·SEC filings & market data

Key Takeaway

The current ratio measures a company’s ability to pay short-term obligations with short-term assets; a ratio below 1.0x means current liabilities exceed current assets.

Sector Performance

24th percentile

TAP

0.88x

Sector Median

1.26x

Sector Avg

2.61x

Prior Period

0.54x(Aug 2026)

↑ Improving

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Deep Analysis

The current ratio measures a company’s ability to pay short-term obligations with short-term assets; a ratio below 1.0x means current liabilities exceed current assets.

At 0.88x, TAP’s ratio is below the sector median of 1.24x, placing it in the 24th percentile of peers. The year-over-year change is not available, but the quarter-over-quarter change is +63.0%, improving from 0.54x in the prior period. This combination of a still-low level and a sharp quarterly gain implies reduced but not eliminated liquidity risk: the company is in better shape than last quarter, yet still less liquid than three-quarters of its sector. The improvement is a positive sign, but the ratio remains below 1.0x and far under the sector median. This metric supports the overall CAUTIOUS verdict, as the current ratio indicates ongoing balance-sheet pressure despite the recent uptick.

Frequently Asked Questions

What does the Current Ratio tell investors about TAP?

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.

Who are TAP's closest peers by Current Ratio?

The closest peers by Current Ratio include: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.