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 2.97 is in line with its 1-year average of 3.05, near the low end of its 1-year range (2.96–3.23).
As of the fiscal period ended Tuesday, June 30, 2026.
Reported quarterly current ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 2.97.
CURRENT RATIO
2.97
CURRENT RATIO AVG TTM
N/A
CURRENT RATIO AVG 3Y
N/A
CURRENT RATIO AVG 5Y
N/A
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.73
median of 391 covered companies
CURRENT VS SECTOR MEDIAN
+71.67%
vs the sector median at left
Innovative Aerosystems, Inc.
Market Cap
$346.54M
Current Ratio
2.97
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$330.55M
Current Ratio
1.67
TTM Avg
1.95
3Y Avg
1.53
5Y Avg
1.40
Market Cap
$306.71M
Current Ratio
93.61
TTM Avg
90.04
3Y Avg
46.81
5Y Avg
38.23
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Innovative Aerosystems, Inc. (IA) | $346.54M | 2.97 | N/A | N/A | N/A |
| StealthGas Inc. (GASS)vs › | $341.36M | 9.30 | 5.70 | 4.09 | 3.00 |
| NN, Inc. (NNBR)vs › | $339.56M | 1.79 | 1.92 | 2.13 | 2.21 |
| Deep Fission, Inc. (FISN)vs › | $338.77M | 11.47 | 10.16 | 10.16 | 10.16 |
| Perma-Fix Environmental Services, Inc. (PESI)vs › | $330.55M | 1.67 | 1.95 | 1.53 | 1.40 |
| Energy Recovery, Inc. (ERII)vs › | $363.65M | 8.05 | 8.93 | 8.78 | 8.65 |
| Electrovaya Inc. (ELVA)vs › | $324.77M | 7.53 | 2.60 | 1.70 | 1.37 |
| FTAI Infrastructure Inc. (FIP)vs › | $313.72M | 0.28 | 0.56 | 1.02 | 1.39 |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $306.71M | 93.61 | 90.04 | 46.81 | 38.23 |
| Matrix Service Company (MTRX)vs › | $303.56M | 0.98 | 0.97 | 1.12 | 1.33 |
Current Ratio
2.97
Quick Ratio
1.49
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 | 2.97 |
| 2026-03-31 | 3.23 |
| 2025-12-31 | 2.96 |
| 2025-09-30 | 3.04 |
