Current ratio
The current ratio is whether what a company can turn into cash within a year covers what it owes within a year. Above 1.0 it covers; below 1.0 it does not, on paper.
How it is computed here
| Formula | current assets ÷ current liabilities |
|---|---|
| Unit | Multiple (×) |
| Period | One fiscal year, as reported |
| Source | Extracted from SEC filings; every value on an asset page carries the accounting tag and the filing it came from |
| Identifier | liquidez_corrente |
What goes into the formula
| Current assets | Cash, customers who have not paid yet, inventory, prepaid expenses — everything the balance sheet expects to become cash within twelve months. |
|---|---|
| Current liabilities | Suppliers, wages, tax, the portion of debt maturing within twelve months — everything due inside the same window. |
A formula without its inputs explained is decoration. Where an input is missing from a filing, the metric is left empty here rather than completed with a zero or an estimate.
How to calculate current ratio, step by step
A manufacturer and a supermarket.
| Manufacturer — current assets | $2,400M |
|---|---|
| Manufacturer — current liabilities | $1,200M |
| Supermarket — current assets | $3,000M |
| Supermarket — current liabilities | $4,000M |
- Manufacturer: 2,400 ÷ 1,200 = 2.00×.
- Supermarket: 3,000 ÷ 4,000 = 0.75×.
Result: 2.00× against 0.75×
The supermarket is below one and is not in trouble. Its customers pay in cash at the till today and its suppliers are paid in sixty days, so money arrives before the bills fall due. The manufacturer sells on ninety-day terms and needs the cushion.
The figures in this example are illustrative and rounded — they are not a real company. The real figures on this site are the live ones below and on every asset page, each carrying the filing it came from.
What current ratio is good for
The current ratio is the fastest read on whether a company can pay next year's bills with next year's assets, without refinancing anything. Watched over several years for one company, a falling ratio is one of the earliest visible signs of strain.
What this number does not tell you
The ratio treats all current assets as equally liquid, which inventory is not — unsold stock is a current asset right up to the moment it is written off. Retailers and banks routinely operate below one by design, because their cash arrives faster than their bills. And a very high ratio is not automatically good: it can mean cash sitting idle or a warehouse full of goods nobody wants. Below one is normal for whole industries. Of the 5,121 companies here with a current ratio for their most recent year, 1,418 — more than a quarter — sit below one. Retailers that collect from customers before paying suppliers, and banks whose deposits are current liabilities by construction, both operate there by design. A ratio under one is a question worth asking, not an answer.
Every metric on this site is published with its blind spot stated. A figure without its limit is half a fact.
Highest reported current ratio
| WDLFDecentral Life, Inc. | 1174.54× |
|---|---|
| YDKGYueda Digital Holding | 638.68× |
| NNNNAnbio Biotechnology | 344.31× |
| LTBRLIGHTBRIDGE Corp | 239.04× |
| CRCECircle Energy, Inc. | 179.44× |
| MFImF International Ltd | 164.32× |
| NXTTNext Technology Holding Inc. | 133.17× |
| QUBTQuantum Computing Inc. | 102.38× |
From the most recent fiscal year of each company.
See it in a published filing
These pages show the figure across up to nineteen fiscal years, with the accounting tag and the filing behind every value.