Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the current ratio high or low?
The current ratio of 2.78 is 50% above its 5-year average of 1.85, around the middle of its 5-year range (0.77–3.83).
As of the fiscal period ended Tuesday, June 30, 2026. 1.71% above its 12-month average of 2.73.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
2.78
CURRENT RATIO AVG TTM
2.73
CURRENT RATIO AVG 3Y
1.83
CURRENT RATIO AVG 5Y
1.75
CURRENT RATIO AVG 10Y
2.20
CURRENT RATIO AVG 15Y
2.17
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+1.71%
CURRENT VS 3Y AVG
+51.40%
CURRENT VS 5Y AVG
+58.96%
CURRENT VS 10Y AVG
+26.35%
CURRENT VS 15Y AVG
+27.96%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.88
median of 176 covered companies
CURRENT VS SECTOR MEDIAN
+47.33%
vs the sector median at left
Applied Optoelectronics, Inc.
Market Cap
$10.88B
Current Ratio
2.78
TTM Avg
2.73
3Y Avg
1.83
5Y Avg
1.75
Market Cap
$11.08B
Current Ratio
1.74
TTM Avg
1.27
3Y Avg
1.19
5Y Avg
1.20
Market Cap
$10.63B
Current Ratio
3.10
TTM Avg
2.33
3Y Avg
3.73
5Y Avg
3.64
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Optoelectronics, Inc. (AAOI) | $10.88B | 2.78 | 2.73 | 1.83 | 1.75 |
| HubSpot, Inc. (HUBS)vs › | $10.77B | 1.38 | 1.67 | 1.91 | 2.21 |
| Rambus Inc. (RMBS)vs › | $11.01B | 9.75 | 8.32 | 6.97 | 6.43 |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.08B | 1.74 | 1.27 | 1.19 | 1.20 |
| Skyworks Solutions, Inc. (SWKS)vs › | $10.63B | 3.10 | 2.33 | 3.73 | 3.64 |
| Dayforce Inc (DAY)vs › | $11.18B | 1.04 | 1.13 | 1.11 | 1.09 |
| DocuSign, Inc. (DOCU)vs › | $11.51B | 0.66 | 0.77 | 0.81 | 0.87 |
| Paycom Software, Inc. (PAYC)vs › | $11.73B | 1.07 | 1.10 | 1.11 | 1.11 |
| GoDaddy Inc. (GDDY)vs › | $12.06B | 0.63 | 0.67 | 0.61 | 0.63 |
| Viavi Solutions Inc. (VIAV)vs › | $9.66B | 1.85 | 1.68 | 2.41 | 2.31 |
Current Ratio
2.78
Quick Ratio
2.13
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | CURRENT RATIO |
|---|---|
| 2026-06-30 | 2.78 |
| 2026-03-31 | 3.83 |
| 2025-12-31 | 2.63 |
| 2025-09-30 | 2.31 |
| 2025-06-30 | 2.11 |
| 2025-03-31 | 1.88 |
| 2024-12-31 | 1.77 |
| 2024-09-30 | 1.61 |
| 2024-06-30 | 1.64 |
| 2024-03-31 | 1.79 |
| 2023-12-31 | 1.85 |
| 2023-09-30 | 0.87 |
| 2023-06-30 | 0.77 |
| 2023-03-31 | 0.79 |
| 2022-12-31 | 1.32 |
| 2022-09-30 | 1.43 |
| 2022-06-30 | 1.50 |
| 2022-03-31 | 1.66 |
| 2021-12-31 | 1.78 |
| 2021-09-30 | 2.15 |
| 2021-06-30 | 2.30 |
| 2021-03-31 | 2.13 |
| 2020-12-31 | 2.03 |
| 2020-09-30 | 1.74 |
| 2020-06-30 | 1.78 |
| 2020-03-31 | 1.91 |
| 2019-12-31 | 2.11 |
| 2019-09-30 | 2.96 |
| 2019-06-30 | 2.95 |
| 2019-03-31 | 3.12 |
| 2018-12-31 | 2.51 |
| 2018-09-30 | 2.60 |
| 2018-06-30 | 3.22 |
| 2018-03-31 | 3.46 |
| 2017-12-31 | 3.25 |
| 2017-09-30 | 2.99 |
| 2017-06-30 | 2.85 |
| 2017-03-31 | 2.87 |
| 2016-12-31 | 2.63 |
| 2016-09-30 | 2.28 |
| 2016-06-30 | 1.97 |
| 2016-03-31 | 2.06 |
| 2015-12-31 | 2.08 |
| 2015-09-30 | 2.45 |
| 2015-06-30 | 1.87 |
| 2015-03-31 | 1.95 |
| 2014-12-31 | 2.33 |
| 2014-09-30 | 2.84 |
| 2014-06-30 | 2.64 |
| 2014-03-31 | 2.87 |
| 2013-12-31 | 2.00 |
| 2013-09-30 | 1.52 |
| 2013-06-30 | 1.48 |
| 2013-03-31 | 1.63 |
| 2012-12-31 | 1.53 |
| 2012-09-30 | 0.00 |