Current Ratio
Updated 200h ago
Sector Performance
74th percentileWAT
1.79x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio of 1.79x measures a company’s ability to cover its short-term obligations with its short-term assets — a higher number indicates more liquidity.
This figure sits well above the sector median of 1.20x, placing WAT in the 73rd percentile among its peers, meaning its liquidity position is stronger than nearly three-quarters of comparable companies. However, no year-over-year or quarter-over-quarter change data is available, and the metric has no trend direction over the last eight quarters, so there is no basis to evaluate momentum. The combination of a high current ratio relative to peers with no trend history suggests a stable liquidity cushion but offers no signal of improving or weakening financial flexibility. This metric supports the overall NEUTRAL verdict — the strong current ratio is a positive, but the absence of trend data prevents a more bullish or bearish tilt.
Frequently Asked Questions
What does the Current Ratio tell investors about WAT?
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 WAT'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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1.79x
Sector Median
1.20x
Sector Avg
2.57x
How WAT's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.