Current ratio: what 3673 US filers actually report
Half of the 3673 companies with a filed current ratio sit at 1.86 or below. The bottom quarter is at 1.10 or below, the top quarter starts at 3.59, and the top tenth at 8.06.
Measured 2026-09-07 from accounts filed with the SEC, 0 days ago, one row per company. The cohort is rebuilt nightly and is flagged stale after 35 days. 4399 of the 5257 listings in the current pool hold this figure at all.
| Cohort | Companies | p5 | p10 | p25 | p50 | p75 | p90 | p95 |
|---|---|---|---|---|---|---|---|---|
| Every filer | 3673 | 0.45 | 0.69 | 1.10 | 1.86 | 3.59 | 8.06 | 12.71 |
| Healthcare | 916 | 0.58 | 0.95 | 1.66 | 3.40 | 7.02 | 12.94 | 17.23 |
| Technology | 633 | 0.57 | 0.78 | 1.17 | 1.97 | 3.46 | 6.86 | 11.16 |
| Industrials | 537 | 0.52 | 0.84 | 1.20 | 1.75 | 2.83 | 4.74 | 7.29 |
| Consumer Cyclical | 410 | 0.43 | 0.60 | 1.03 | 1.44 | 2.18 | 3.22 | 4.28 |
| Energy | 239 | 0.49 | 0.60 | 0.86 | 1.38 | 2.18 | 4.30 | 8.09 |
| Basic Materials | 221 | 0.82 | 1.04 | 1.50 | 2.32 | 3.66 | 10.12 | 19.27 |
| Financial Services | 219 | 0.07 | 0.14 | 0.85 | 1.68 | 4.98 | 10.34 | 13.24 |
| Consumer Defensive | 189 | 0.58 | 0.72 | 0.96 | 1.46 | 2.44 | 4.05 | 5.55 |
| Communication Services | 176 | 0.37 | 0.47 | 0.80 | 1.21 | 2.02 | 3.13 | 3.89 |
| Utilities | 103 | 0.38 | 0.46 | 0.65 | 0.80 | 1.15 | 1.75 | 2.69 |
| Real Estate | Fewer than 30 comparable companies have this figure on file, so a percentile would be noise. We are not showing one. | |||||||
3673 companies in the market row. How a cohort is counted: One deduplicated company per cohort row, drawn only from companies with filed statements on record. One row per company. Key: case-folded, whitespace-collapsed stocks.name. Representative listing: most archived fiscal years, then largest stored market cap, then ticker ascending.
Selection rule actually applied to the market row: tier=VERIFIED; one row per company; exact zeros excluded as coerced missing data; 617 excluded as not applicable (Bank, Equity REIT, Insurer, Mortgage REIT); winsorised at p1/p99; min cohort 30. The clamp ran between 0.09 and 30.69. Clamped to the observed values at p1 and p99 before the breakpoints were computed. Values are clamped, never dropped, so the cohort size is the cohort that produced the breakpoints.
One sector is named above without a distribution. Every sector this build published a distribution for, on any metric, at this coverage tier. A sector named as refused therefore had enough companies for some other metric and not for this one. The minimum is 30 companies, and a cohort under it refuses rather than publishes a percentile it cannot support.
How this figure is computed
Assets due to become cash within a year against liabilities due within a year.
The arithmetic, as the product prints it when a subscriber expands the figure: Current Assets / Current Liabilities.
It is one of the 118 indicators computed for every covered listing, filed under integrity. That count and that pillar are read from the product's own indicator registry when this page renders, so a metric that leaves the registry stops being described as one of its indicators here.
Where the thresholds we test come from
The counterfactual pages in this section test named lines against filed years. Each line and the reason for it are set out once here rather than repeated on every company page that uses it.
- The current ratio stays at or above 2.0
- Graham, The Intelligent Investor (revised edition, 1973), chapter 14, defensive-investor criteria.
What the number hides
A high reading can be cash doing nothing, or it can be stock nobody wants and invoices nobody is paying. The ratio counts both at book value and asks no question about either. It is also one date: a retailer reporting the week after Christmas and one reporting the week before are measured at opposite ends of the same working-capital cycle.
What this page leaves out
It is one cross-section, not a history: these marks describe where filers stood on 2026-09-07 and say nothing about where they stood a year ago. Every figure behind it comes from a filed statement rather than from a price, so nothing here moves with the market. Listings in the current equity pool holding this figure at all, counted by GET /api/screener/fields. Listings, not deduplicated companies, and counted today rather than on the build date, so it is a coverage figure and not the cohort.
Cross-sectional statistics computed from filed accounts held on the build date shown. A breakpoint describes where a figure sat among comparable companies, not whether any company is worth owning. This is research, not advice.
This figure on named companies, against their filings
- Apple Inc. (AAPL): the current ratio stays at or above 2.0 , tested against 10 filed years, broken in 10.
- Microsoft Corporation (MSFT): the current ratio stays at or above 2.0 , tested against 10 filed years, broken in 5.
- Texas Instruments Incorporated (TXN): the current ratio stays at or above 2.0 , tested against 10 filed years, broken in 0.