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 8.18 is 109% above its 5-year average of 3.91, near the high end of its 5-year range (0.47–8.74).
As of the fiscal period ended Tuesday, March 31, 2026. 134.79% above its 12-month average of 3.48.
Reported quarterly current ratio; no daily interpolation. Q4 FY2025 (2026-03-31): 8.18.
CURRENT RATIO
8.18
CURRENT RATIO AVG TTM
3.48
CURRENT RATIO AVG 3Y
3.54
CURRENT RATIO AVG 5Y
3.91
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+134.79%
CURRENT VS 3Y AVG
+131.06%
CURRENT VS 5Y AVG
+109.25%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.76
median of 873 covered companies
CURRENT VS SECTOR MEDIAN
+117.47%
vs the sector median at left
Paranovus Entertainment Technology Ltd.
Market Cap
$3.28M
Current Ratio
8.18
TTM Avg
3.48
3Y Avg
3.54
5Y Avg
3.91
Market Cap
$3.14M
Current Ratio
2.35
TTM Avg
1.91
3Y Avg
2.68
5Y Avg
12.13
Market Cap
$3.07M
Current Ratio
1.41
TTM Avg
2.85
3Y Avg
1.58
5Y Avg
2.33
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paranovus Entertainment Technology Ltd. (PAVS) | $3.28M | 8.18 | 3.48 | 3.54 | 3.91 |
| Nexalin Technology, Inc. (NXL)vs › | $3.30M | 1.25 | 6.05 | 6.00 | 4.06 |
| MBody AI Ltd. (MBAI)vs › | $3.25M | 0.05 | 0.10 | 7.85 | 8.89 |
| Aethlon Medical, Inc. (AEMD)vs › | $3.21M | 5.42 | 3.49 | 5.10 | 6.32 |
| BioRestorative Therapies, Inc. (BRTX)vs › | $3.14M | 2.35 | 1.91 | 2.68 | 12.13 |
| Mustang Bio, Inc. (MBIO)vs › | $3.49M | 1.97 | 1.45 | 2.21 | 4.94 |
| Adagio Medical Holdings, Inc. (ADGM)vs › | $3.07M | 1.41 | 2.85 | 1.58 | 2.33 |
| Eocene Ltd. (EOCN)vs › | $3.50M | N/A | N/A | N/A | N/A |
| Moolec Science S.A. (MLEC)vs › | $3.50M | 0.15 | 0.91 | 0.63 | 0.64 |
| Cadrenal Therapeutics, Inc. Common Stock (CVKD)vs › | $3.53M | 3.73 | 3.25 | 4.33 | 4.33 |
Current Ratio
8.18
Quick Ratio
8.13
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 | 8.18 |
| 2025-09-30 | 1.15 |
| 2025-03-31 | 1.12 |
| 2024-09-30 | 8.74 |
| 2024-03-31 | 1.11 |
| 2023-09-30 | 4.00 |
| 2023-03-31 | 0.47 |
| 2022-09-30 | 2.01 |
| 2022-03-31 | 3.15 |
| 2021-09-30 | 6.75 |
| 2021-03-31 | 6.29 |
| 2020-09-30 | 12.82 |
| 2020-03-31 | 12.71 |
| 2019-09-30 | 11.72 |
| 2019-03-31 | 11.51 |
| 2018-09-30 | 0.00 |
| 2018-03-31 | 4.95 |
| 2017-09-30 | 0.00 |
