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 7.18 is 42% below its 5-year average of 12.39, near the low end of its 5-year range (3.60–25.53).
As of the fiscal period ended Tuesday, March 31, 2026. 18.86% above its 12-month average of 6.04.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
7.18
CURRENT RATIO AVG TTM
6.04
CURRENT RATIO AVG 3Y
8.06
CURRENT RATIO AVG 5Y
12.39
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+18.86%
CURRENT VS 3Y AVG
-11.01%
CURRENT VS 5Y AVG
-42.09%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.81
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+295.36%
vs the sector median at left
Market Cap
$9.62B
Current Ratio
1.39
TTM Avg
1.55
3Y Avg
1.59
5Y Avg
1.59
Market Cap
$12.42B
Current Ratio
1.55
TTM Avg
1.66
3Y Avg
1.79
5Y Avg
1.71
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MP Materials Corp. (MP) | $7.68B | 7.18 | 6.04 | 8.06 | 12.39 |
| Builders FirstSource, Inc. (BLDR)vs › | $7.82B | 1.86 | 1.81 | 1.82 | 1.87 |
| First Majestic Silver Corp. (AG)vs › | $8.01B | 2.60 | 2.58 | 2.48 | 2.62 |
| The Mosaic Company (MOS)vs › | $7.10B | 1.32 | 1.20 | 1.20 | 1.17 |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.62B | 1.39 | 1.55 | 1.59 | 1.59 |
| Alcoa Corporation (AA)vs › | $11.63B | 1.44 | 1.44 | 1.52 | 1.55 |
| United States Steel Corporation (X)vs › | $12.42B | 1.55 | 1.66 | 1.79 | 1.71 |
| Albemarle Corporation (ALB)vs › | $13.70B | 2.23 | 2.09 | 1.88 | 1.64 |
| RPM International Inc. (RPM)vs › | $13.77B | 1.68 | 1.92 | 1.99 | 1.93 |
| Lightwave Logic, Inc. (LWLG)vs › | $944.51M | 32.69 | 24.22 | 19.49 | 16.17 |
Current Ratio
7.18
Quick Ratio
6.67
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 |
|---|---|
| 2026-03-31 | 7.18 |
| 2025-12-31 | 7.24 |
| 2025-09-30 | 8.05 |
| 2025-06-30 | 3.60 |
| 2025-03-31 | 4.12 |
| 2024-12-31 | 6.29 |
| 2024-09-30 | 6.93 |
| 2024-06-30 | 6.90 |
| 2024-03-31 | 10.29 |
| 2023-12-31 | 10.42 |
| 2023-09-30 | 12.25 |
| 2023-06-30 | 16.15 |
| 2023-03-31 | 13.50 |
| 2022-12-31 | 13.27 |
| 2022-09-30 | 18.15 |
| 2022-06-30 | 20.39 |
| 2022-03-31 | 25.53 |
| 2021-12-31 | 21.44 |
| 2021-09-30 | 17.74 |
| 2021-06-30 | 13.80 |
| 2021-03-31 | 16.99 |
| 2020-12-31 | 13.03 |
| 2020-09-30 | 1.12 |
| 2020-06-30 | 1.27 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.88 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
