Current Ratio
Updated 8h ago
Sector Performance
77th percentileTEL
1.89x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 1.89x means the company has $1.89 in current assets for every $1 of current liabilities, indicating its ability to cover short-term debts.
This sits well above the sector median of 1.21x, placing the company in the 75th percentile among its peers. The year-over-year change is not available, and the quarter-over-quarter change is also not available, so no trend can be assessed. Without trend data, the high relative liquidity suggests a lower short-term risk, but the lack of directional movement leaves the outlook uncertain. This metric supports the overall NEUTRAL verdict because the strong ratio provides a defensive buffer, yet the absence of trend information offers no basis to shift toward bullish or bearish on liquidity grounds.
Frequently Asked Questions
What does the Current Ratio tell investors about TEL?
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 TEL's closest peers by Current Ratio?
The closest peers by Current Ratio include: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (0.40x), DRI (0.39x).
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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1.89x
Sector Median
1.20x
Sector Avg
2.57x
How TEL's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.