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 7.22 is in line with its 5-year average of 7.12, around the middle of its 5-year range (4.27–10.09).
As of the fiscal period ended Tuesday, June 30, 2026. 6.36% below its 12-month average of 7.71.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 7.22.
CURRENT RATIO
7.22
CURRENT RATIO AVG TTM
7.71
CURRENT RATIO AVG 3Y
7.47
CURRENT RATIO AVG 5Y
7.12
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-6.36%
CURRENT VS 3Y AVG
-3.44%
CURRENT VS 5Y AVG
+1.41%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.96
median of 464 covered companies
CURRENT VS SECTOR MEDIAN
+267.22%
vs the sector median at left
Grid Dynamics Holdings, Inc.
Market Cap
$638.06M
Current Ratio
7.22
TTM Avg
7.71
3Y Avg
7.47
5Y Avg
7.12
Market Cap
$629.89M
Current Ratio
1.13
TTM Avg
1.06
3Y Avg
1.08
5Y Avg
1.11
Market Cap
$620.13M
Current Ratio
3.65
TTM Avg
4.25
3Y Avg
4.07
5Y Avg
3.99
Market Cap
$661.63M
Current Ratio
1.90
TTM Avg
1.36
3Y Avg
1.60
5Y Avg
1.43
Market Cap
$683.01M
Current Ratio
1.97
TTM Avg
2.18
3Y Avg
1.99
5Y Avg
1.90
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Grid Dynamics Holdings, Inc. (GDYN) | $638.06M | 7.22 | 7.71 | 7.47 | 7.12 |
| Climb Global Solutions, Inc. (CLMB)vs › | $629.89M | 1.13 | 1.06 | 1.08 | 1.11 |
| indie Semiconductor, Inc. (INDI)vs › | $620.13M | 3.65 | 4.25 | 4.07 | 3.99 |
| Docebo Inc. (DCBO)vs › | $612.41M | 0.83 | 1.17 | 1.68 | 2.60 |
| Cognyte Software Ltd. (CGNT)vs › | $658.66M | 1.34 | 1.31 | 1.33 | 1.30 |
| Consensus Cloud Solutions, Inc. (CCSI)vs › | $661.63M | 1.90 | 1.36 | 1.60 | 1.43 |
| ADTRAN Holdings Inc. (ADTN)vs › | $594.53M | 1.79 | 1.90 | 2.12 | 2.38 |
| Gilat Satellite Networks Ltd. (GILT)vs › | $683.01M | 1.97 | 2.18 | 1.99 | 1.90 |
| IBEX Limited (IBEX)vs › | $588.85M | 2.10 | 1.96 | 2.15 | 1.90 |
| LightPath Technologies, Inc. (LPTH)vs › | $700.10M | 4.96 | 3.31 | 2.93 | 2.76 |
Current Ratio
7.22
Quick Ratio
7.22
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 | 7.22 |
| 2026-03-31 | 7.88 |
| 2025-12-31 | 8.43 |
| 2025-09-30 | 7.63 |
| 2025-06-30 | 7.37 |
| 2025-03-31 | 7.25 |
| 2024-12-31 | 7.62 |
| 2024-09-30 | 5.96 |
| 2024-06-30 | 7.14 |
| 2024-03-31 | 7.48 |
| 2023-12-31 | 7.67 |
| 2023-09-30 | 6.21 |
| 2023-06-30 | 6.01 |
| 2023-03-31 | 6.55 |
| 2022-12-31 | 8.35 |
| 2022-09-30 | 10.09 |
| 2022-06-30 | 5.39 |
| 2022-03-31 | 6.32 |
| 2021-12-31 | 7.61 |
| 2021-09-30 | 9.95 |
| 2021-06-30 | 4.27 |
| 2021-03-31 | 7.05 |
| 2020-12-31 | 10.11 |
| 2020-09-30 | 18.96 |
| 2020-06-30 | 18.98 |
| 2020-03-31 | 14.85 |
| 2019-12-31 | 7.95 |
| 2019-09-30 | 7.28 |
| 2019-06-30 | 2.01 |
| 2019-03-31 | 2.71 |
| 2018-12-31 | 4.46 |
| 2018-09-30 | 0.00 |