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Current Ratio

Alpha Finance Academy

Current Ratio

Alpha Finance Academy

Formula

Current Ratio =
Current Assets Current Liabilities
  • Current Assets = Cash, receivables, inventory, and other assets expected to be converted within one year.
  • Current Liabilities = Obligations due within one year: accounts payable, short-term debt, accrued expenses.
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Current Value MRQ

Current Assets
Current Liabilities
Current Ratio

Current Ratio Drivers —

Table

Year Current Ratio

Definition

The Current Ratio measures a company's ability to cover its short-term obligations with its short-term assets. A ratio above 1.5 is generally considered healthy, indicating the company has enough liquid resources to meet near-term liabilities. A ratio below 1.0 may signal liquidity risk. However, the ideal range varies by industry — capital-light businesses like tech or services can operate efficiently at lower ratios, while retail and manufacturing often need higher ones.

Strong≥ 1.5×
Adequate1.0 – 1.5×
Thin0.8 – 1.0×
Risky< 0.8×
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