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 11.19 is in line with its 5-year average of 12.34, near the low end of its 5-year range (8.33–23.77).
As of the fiscal period ended Tuesday, June 30, 2026. 13.27% above its 12-month average of 9.88.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 11.19.
CURRENT RATIO
11.19
CURRENT RATIO AVG TTM
9.88
CURRENT RATIO AVG 3Y
10.60
CURRENT RATIO AVG 5Y
12.34
CURRENT RATIO AVG 10Y
9.25
CURRENT RATIO AVG 15Y
6.34
CURRENT RATIO AVG 20Y
5.86
CURRENT VS TTM AVG
+13.27%
CURRENT VS 3Y AVG
+5.52%
CURRENT VS 5Y AVG
-9.33%
CURRENT VS 10Y AVG
+20.94%
CURRENT VS 15Y AVG
+76.43%
CURRENT VS 20Y AVG
+91.08%
SECTOR MEDIAN · INDUSTRIALS
1.68
median of 336 covered companies
CURRENT VS SECTOR MEDIAN
+566.04%
vs the sector median at left
Ballard Power Systems Inc.
Market Cap
$625.56M
Current Ratio
11.19
TTM Avg
9.88
3Y Avg
10.60
5Y Avg
12.34
Market Cap
$565.16M
Current Ratio
1.53
TTM Avg
0.65
3Y Avg
0.73
5Y Avg
1.17
Market Cap
$678.90M
Current Ratio
2.09
TTM Avg
2.15
3Y Avg
2.13
5Y Avg
2.05
Market Cap
$699.03M
Current Ratio
N/A
TTM Avg
1.10
3Y Avg
1.10
5Y Avg
1.02
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ballard Power Systems Inc. (BLDP) | $625.56M | 11.19 | 9.88 | 10.60 | 12.34 |
| Elmet Group Co. (ELMT)vs › | $648.46M | 3.03 | 2.72 | 2.72 | 2.72 |
| Enovix Corporation (ENVX)vs › | $587.92M | 9.71 | 6.92 | 8.36 | 9.29 |
| Hertz Global Holdings, Inc. (HTZ)vs › | $565.16M | 1.53 | 0.65 | 0.73 | 1.17 |
| Kimball Electronics, Inc. (KE)vs › | $678.90M | 2.09 | 2.15 | 2.13 | 2.05 |
| Kelly Services, Inc. (KELYA)vs › | $547.77M | 1.50 | 1.59 | 1.57 | 1.57 |
| Cass Information Systems, Inc. (CASS)vs › | $699.03M | N/A | 1.10 | 1.10 | 1.02 |
| Euroseas Ltd. (ESEA)vs › | $517.51M | 5.46 | 3.18 | 2.08 | 1.59 |
| Kelly Services, Inc. (KELYB)vs › | $509.18M | 1.50 | 1.59 | 1.57 | 1.57 |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $495.37M | 1.71 | 2.08 | 1.50 | 1.40 |
Current Ratio
11.19
Quick Ratio
10.36
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 | 11.19 |
| 2026-03-31 | 10.70 |
| 2025-12-31 | 9.86 |
| 2025-09-30 | 8.33 |
| 2025-06-30 | 9.31 |
| 2025-03-31 | 9.00 |
| 2024-12-31 | 9.25 |
| 2024-09-30 | 9.01 |
| 2024-06-30 | 10.90 |
| 2024-03-31 | 11.66 |
| 2023-12-31 | 12.25 |
| 2023-09-30 | 12.57 |
| 2023-06-30 | 13.81 |
| 2023-03-31 | 14.24 |
| 2022-12-31 | 14.06 |
| 2022-09-30 | 14.44 |
| 2022-06-30 | 15.16 |
| 2022-03-31 | 15.36 |
| 2021-12-31 | 14.78 |
| 2021-09-30 | 20.92 |
| 2021-06-30 | 23.77 |
| 2021-03-31 | 26.03 |
| 2020-12-31 | 16.40 |
| 2020-09-30 | 9.10 |
| 2020-06-30 | 4.56 |
| 2020-03-31 | 4.43 |
| 2019-12-31 | 3.56 |
| 2019-09-30 | 3.91 |
| 2019-06-30 | 4.40 |
| 2019-03-31 | 5.35 |
| 2018-12-31 | 5.48 |
| 2018-09-30 | 2.52 |
| 2018-06-30 | 2.64 |
| 2018-03-31 | 2.81 |
| 2017-12-31 | 2.61 |
| 2017-09-30 | 2.70 |
| 2017-06-30 | 2.44 |
| 2017-03-31 | 2.43 |
| 2016-12-31 | 2.50 |
| 2016-09-30 | 2.67 |
| 2016-06-30 | 2.22 |
| 2016-03-31 | 2.62 |
| 2015-12-31 | 2.90 |
| 2015-09-30 | 2.82 |
| 2015-06-30 | 2.61 |
| 2015-03-31 | 3.09 |
| 2014-12-31 | 2.03 |
| 2014-09-30 | 2.76 |
| 2014-06-30 | 2.74 |
| 2014-03-31 | 2.95 |
| 2013-12-31 | 2.30 |
| 2013-09-30 | 1.69 |
| 2013-06-30 | 1.79 |
| 2013-03-31 | 1.85 |
| 2012-12-31 | 1.53 |
| 2012-09-30 | 1.53 |
| 2012-06-30 | 1.64 |
| 2012-03-31 | 1.70 |
| 2011-12-31 | 1.88 |
| 2011-09-30 | 1.98 |
| 2011-06-30 | 2.22 |
| 2011-03-31 | 2.38 |
| 2010-12-31 | 2.83 |
| 2010-09-30 | 3.14 |
| 2010-06-30 | 3.44 |
| 2010-03-31 | 3.80 |
| 2009-12-31 | 3.54 |
| 2009-09-30 | 2.86 |
| 2009-06-30 | 3.39 |
| 2009-03-31 | 3.37 |
| 2008-12-31 | 4.36 |
| 2008-09-30 | 4.64 |
| 2008-06-30 | 5.91 |
| 2008-03-31 | 7.39 |
| 2007-12-31 | 7.92 |
| 2007-09-30 | 7.77 |
| 2007-06-30 | 8.26 |
| 2007-03-31 | 8.23 |
| 2006-12-31 | 6.50 |
| 2006-09-30 | 6.73 |
| 2006-06-30 | 7.03 |
| 2006-03-31 | 7.03 |
| 2005-12-31 | 6.27 |
| 2005-09-30 | 5.85 |
| 2005-06-30 | 5.17 |
| 2005-03-31 | 4.91 |
| 2004-12-31 | 4.02 |
| 2004-09-30 | 4.64 |
| 2004-06-30 | 5.07 |
| 2004-03-31 | 4.78 |
| 2003-12-31 | 4.74 |
| 2003-09-30 | 5.14 |
| 2003-06-30 | 5.69 |
| 2003-03-31 | 5.72 |
| 2002-12-31 | 5.64 |
| 2002-09-30 | 5.22 |
