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 1.38 is 23% below its 5-year average of 1.80, near the low end of its 5-year range (1.38–2.52).
As of the fiscal period ended Tuesday, June 30, 2026. 11.14% below its 12-month average of 1.56.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.38.
CURRENT RATIO
1.38
CURRENT RATIO AVG TTM
1.56
CURRENT RATIO AVG 3Y
1.70
CURRENT RATIO AVG 5Y
1.80
CURRENT RATIO AVG 10Y
1.52
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-11.14%
CURRENT VS 3Y AVG
-18.62%
CURRENT VS 5Y AVG
-23.10%
CURRENT VS 10Y AVG
-9.04%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.78
median of 405 covered companies
CURRENT VS SECTOR MEDIAN
-22.26%
vs the sector median at left
Pangaea Logistics Solutions, Ltd.
Market Cap
$551.25M
Current Ratio
1.38
TTM Avg
1.56
3Y Avg
1.70
5Y Avg
1.80
Market Cap
$592.25M
Current Ratio
1.53
TTM Avg
0.65
3Y Avg
0.73
5Y Avg
1.17
Market Cap
$501.67M
Current Ratio
1.71
TTM Avg
2.08
3Y Avg
1.50
5Y Avg
1.40
Market Cap
$496.21M
Current Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$612.50M
Current Ratio
1.76
TTM Avg
1.46
3Y Avg
1.52
5Y Avg
1.61
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pangaea Logistics Solutions, Ltd. (PANL) | $551.25M | 1.38 | 1.56 | 1.70 | 1.80 |
| Kelly Services, Inc. (KELYA)vs › | $547.80M | 1.50 | 1.59 | 1.57 | 1.57 |
| Enovix Corporation (ENVX)vs › | $585.74M | 9.71 | 6.92 | 8.36 | 9.29 |
| Kelly Services, Inc. (KELYB)vs › | $515.46M | 1.50 | 1.59 | 1.57 | 1.57 |
| Hertz Global Holdings, Inc. (HTZ)vs › | $592.25M | 1.53 | 0.65 | 0.73 | 1.17 |
| Euroseas Ltd. (ESEA)vs › | $514.44M | 5.46 | 3.18 | 2.08 | 1.59 |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $501.67M | 1.71 | 2.08 | 1.50 | 1.40 |
| Accelevation Holdings Corp. (ACCV)vs › | $496.21M | N/A | N/A | N/A | N/A |
| Matthews International Corporation (MATW)vs › | $612.50M | 1.76 | 1.46 | 1.52 | 1.61 |
| Columbus McKinnon Corporation (CMCO)vs › | $486.82M | 2.00 | 1.92 | 1.96 | 2.02 |
Current Ratio
1.38
Quick Ratio
1.12
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 | 1.38 |
| 2026-03-31 | 1.63 |
| 2025-12-31 | 1.69 |
| 2025-09-30 | 1.62 |
| 2025-06-30 | 1.46 |
| 2025-03-31 | 1.61 |
| 2024-12-31 | 1.76 |
| 2024-09-30 | 2.05 |
| 2024-06-30 | 2.16 |
| 2024-03-31 | 1.97 |
| 2023-12-31 | 1.82 |
| 2023-09-30 | 1.72 |
| 2023-06-30 | 1.69 |
| 2023-03-31 | 2.52 |
| 2022-12-31 | 2.41 |
| 2022-09-30 | 2.44 |
| 2022-06-30 | 1.97 |
| 2022-03-31 | 1.81 |
| 2021-12-31 | 1.65 |
| 2021-09-30 | 1.60 |
| 2021-06-30 | 1.54 |
| 2021-03-31 | 1.82 |
| 2020-12-31 | 1.00 |
| 2020-09-30 | 1.20 |
| 2020-06-30 | 1.62 |
| 2020-03-31 | 1.39 |
| 2019-12-31 | 1.41 |
| 2019-09-30 | 1.28 |
| 2019-06-30 | 1.44 |
| 2019-03-31 | 1.64 |
| 2018-12-31 | 1.44 |
| 2018-09-30 | 1.54 |
| 2018-06-30 | 1.41 |
| 2018-03-31 | 1.24 |
| 2017-12-31 | 1.19 |
| 2017-09-30 | 1.31 |
| 2017-06-30 | 1.12 |
| 2017-03-31 | 0.99 |
| 2016-12-31 | 0.88 |
| 2016-09-30 | 0.96 |
| 2016-06-30 | 0.91 |
| 2016-03-31 | 0.95 |
| 2015-12-31 | 0.96 |
| 2015-09-30 | 0.60 |
| 2015-06-30 | 0.61 |
| 2015-03-31 | 0.61 |
| 2014-12-31 | 0.59 |
| 2014-09-30 | 0.58 |
| 2014-06-30 | 0.50 |
| 2014-03-31 | 6.51 |
| 2013-12-31 | 26.38 |
| 2013-09-30 | 0.05 |
| 2013-06-30 | 0.73 |
| 2013-03-31 | 0.00 |
