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 2.41 is 17% below its 5-year average of 2.91, near the low end of its 5-year range (1.87–5.55).
As of the fiscal period ended Friday, July 31, 2026. 5.60% below its 12-month average of 2.55.
Reported quarterly current ratio; no daily interpolation. Q2 FY2027 (2026-07-31): 2.41.
CURRENT RATIO
2.41
CURRENT RATIO AVG TTM
2.55
CURRENT RATIO AVG 3Y
2.33
CURRENT RATIO AVG 5Y
2.91
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-5.60%
CURRENT VS 3Y AVG
+3.16%
CURRENT VS 5Y AVG
-17.36%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.86
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+29.13%
vs the sector median at left
Market Cap
$8.14B
Current Ratio
2.78
TTM Avg
2.20
3Y Avg
1.89
5Y Avg
1.90
Market Cap
$7.68B
Current Ratio
1.09
TTM Avg
1.11
3Y Avg
1.11
5Y Avg
1.10
Market Cap
$7.36B
Current Ratio
2.38
TTM Avg
2.34
3Y Avg
2.07
5Y Avg
1.92
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GitLab Inc. (GTLB) | $7.91B | 2.41 | 2.55 | 2.33 | 2.91 |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.14B | 2.78 | 2.20 | 1.89 | 1.90 |
| Paylocity Holding Corporation (PCTY)vs › | $7.68B | 1.09 | 1.11 | 1.11 | 1.10 |
| Applied Digital Corp. (APLD)vs › | $7.56B | 4.01 | 2.39 | 1.48 | 2.00 |
| SentinelOne, Inc. (S)vs › | $7.54B | 1.45 | 1.56 | 1.81 | 2.89 |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.36B | 2.38 | 2.34 | 2.07 | 1.92 |
| AppFolio Inc. (APPF)vs › | $7.30B | 3.83 | 4.25 | 3.92 | 3.78 |
| Cipher Mining Inc. (CIFR)vs › | $7.25B | 3.00 | 2.54 | 2.71 | 91.77 |
| InterDigital, Inc. (IDCC)vs › | $8.62B | 1.74 | 1.77 | 2.46 | 2.69 |
| Plexus Corp. (PLXS)vs › | $7.04B | 1.49 | 1.54 | 1.49 | 1.57 |
Current Ratio
2.41
Quick Ratio
2.41
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 |
|---|---|
| 2026-07-31 | 2.41 |
| 2026-04-30 | 2.55 |
| 2026-01-31 | 2.54 |
| 2025-10-31 | 2.66 |
| 2025-07-31 | 2.60 |
| 2025-04-30 | 2.48 |
| 2025-01-31 | 2.45 |
| 2024-10-31 | 2.57 |
| 2024-07-31 | 1.97 |
| 2024-04-30 | 1.87 |
| 2024-01-31 | 1.90 |
| 2023-10-31 | 2.02 |
| 2023-07-31 | 3.56 |
| 2023-04-30 | 3.59 |
| 2023-01-31 | 3.65 |
| 2022-10-31 | 4.04 |
| 2022-07-31 | 4.31 |
| 2022-04-30 | 4.45 |
| 2022-01-31 | 4.35 |
| 2021-10-31 | 5.55 |
| 2021-07-31 | 2.32 |
| 2021-04-30 | 0.00 |
| 2021-01-31 | 0.00 |
| 2020-10-31 | 0.00 |
| 2020-07-31 | 0.00 |
| 2020-04-30 | 0.00 |