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 0.87 is in line with its 5-year average of 0.82, around the middle of its 5-year range (0.64–1.04).
As of the fiscal period ended Friday, July 31, 2026. 5.14% below its 12-month average of 0.92.
Reported quarterly current ratio; no daily interpolation. Quarter ended Jul 2026 (2026-07-31): 0.87.
CURRENT RATIO
0.87
CURRENT RATIO AVG TTM
0.92
CURRENT RATIO AVG 3Y
0.86
CURRENT RATIO AVG 5Y
0.82
CURRENT RATIO AVG 10Y
1.21
CURRENT RATIO AVG 15Y
1.40
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-5.14%
CURRENT VS 3Y AVG
+1.23%
CURRENT VS 5Y AVG
+6.30%
CURRENT VS 10Y AVG
-28.21%
CURRENT VS 15Y AVG
-37.96%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.86
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
-53.30%
vs the sector median at left
Palo Alto Networks, Inc.
Market Cap
$273.11B
Current Ratio
0.87
TTM Avg
0.92
3Y Avg
0.86
5Y Avg
0.82
Market Cap
$282.20B
Current Ratio
5.25
TTM Avg
5.60
3Y Avg
4.15
5Y Avg
4.15
Market Cap
$238.90B
Current Ratio
4.86
TTM Avg
4.23
3Y Avg
4.43
5Y Avg
4.55
Market Cap
$226.06B
Current Ratio
0.79
TTM Avg
0.99
3Y Avg
0.96
5Y Avg
0.95
Market Cap
$211.59B
Current Ratio
1.57
TTM Avg
1.72
3Y Avg
1.69
5Y Avg
1.84
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $273.11B | 0.87 | 0.92 | 0.86 | 0.82 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $282.20B | 5.25 | 5.60 | 4.15 | 4.15 |
| Sandisk Corporation (SNDK)vs › | $261.26B | 2.29 | 2.29 | 2.51 | 2.17 |
| SAP SE (SAP)vs › | $243.69B | 1.15 | 1.15 | 1.19 | 1.19 |
| Arista Networks, Inc. (ANET)vs › | $242.93B | 2.96 | 3.71 | 4.02 | 4.24 |
| KLA Corporation (KLAC)vs › | $238.93B | 2.88 | 2.75 | 2.47 | 2.52 |
| Texas Instruments Incorporated (TXN)vs › | $238.90B | 4.86 | 4.23 | 4.43 | 4.55 |
| International Business Machines Corporation (IBM)vs › | $226.06B | 0.79 | 0.99 | 0.96 | 0.95 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $211.59B | 1.57 | 1.72 | 1.69 | 1.84 |
| Marvell Technology, Inc. (MRVL)vs › | $205.81B | 3.17 | 1.77 | 1.65 | 1.65 |
Current Ratio
0.87
Quick Ratio
0.87
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 | 0.87 |
| 2026-04-30 | 0.86 |
| 2026-01-31 | 1.04 |
| 2025-10-31 | 0.93 |
| 2025-07-31 | 0.89 |
| 2025-04-30 | 0.90 |
| 2025-01-31 | 0.84 |
| 2024-10-31 | 0.84 |
| 2024-07-31 | 0.89 |
| 2024-04-30 | 0.84 |
| 2024-01-31 | 0.83 |
| 2023-10-31 | 0.86 |
| 2023-07-31 | 0.78 |
| 2023-04-30 | 0.74 |
| 2023-01-31 | 0.64 |
| 2022-10-31 | 0.70 |
| 2022-07-31 | 0.77 |
| 2022-04-30 | 0.74 |
| 2022-01-31 | 0.66 |
| 2021-10-31 | 0.68 |
| 2021-07-31 | 0.91 |
| 2021-04-30 | 1.38 |
| 2021-01-31 | 0.98 |
| 2020-10-31 | 1.63 |
| 2020-07-31 | 1.91 |
| 2020-04-30 | 1.29 |
| 2020-01-31 | 1.78 |
| 2019-10-31 | 1.78 |
| 2019-07-31 | 1.78 |
| 2019-04-30 | 1.86 |
| 2019-01-31 | 1.87 |
| 2018-10-31 | 2.10 |
| 2018-07-31 | 1.93 |
| 2018-04-30 | 1.14 |
| 2018-01-31 | 1.19 |
| 2017-10-31 | 1.17 |
| 2017-07-31 | 1.65 |
| 2017-04-30 | 1.80 |
| 2017-01-31 | 1.89 |
| 2016-10-31 | 1.33 |
| 2016-07-31 | 2.09 |
| 2016-04-30 | 1.17 |
| 2016-01-31 | 1.10 |
| 2015-10-31 | 0.96 |
| 2015-07-31 | 1.04 |
| 2015-04-30 | 1.10 |
| 2015-01-31 | 2.08 |
| 2014-10-31 | 2.59 |
| 2014-07-31 | 2.75 |
| 2014-04-30 | 1.21 |
| 2014-01-31 | 2.11 |
| 2013-10-31 | 2.42 |
| 2013-07-31 | 2.57 |
| 2013-04-30 | 2.60 |
| 2013-01-31 | 2.52 |
| 2012-10-31 | 2.77 |
| 2012-07-31 | 3.13 |
| 2012-04-30 | 1.34 |
| 2012-01-31 | 1.30 |
| 2011-10-31 | 0.00 |
| 2011-07-31 | 1.15 |
| 2011-04-30 | 0.00 |