Current Ratio
Updated 248h ago
Sector Performance
98th percentileTROW
9.24x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
TROW’s current ratio of 9.24x means the company has $9.24 in short-term assets for every $1 of current liabilities, indicating a very strong ability to cover near-term debt.
This is far above the sector median of 1.21x, placing TROW in the 98th percentile among peers. The metric has been increasing over the last eight quarters, with a quarter-over-quarter rise of +24.4% (year-over-year change is not available). The combination of an already high level and an upward trend suggests excess liquidity that reduces default risk but may imply inefficient use of cash or limited reinvestment. This does not contradict the overall NEUTRAL verdict: the strong liquidity supports stability, but alone it does not signal a compelling buying or selling opportunity.
Frequently Asked Questions
What does the Current Ratio tell investors about TROW?
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 TROW'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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9.24x
Sector Median
1.20x
Sector Avg
2.57x
How TROW's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.