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 20.55 is 138% above its 5-year average of 8.62, around the middle of its 5-year range (0.02–54.68).
As of the fiscal period ended Tuesday, June 30, 2026. 43.56% below its 12-month average of 36.40.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 20.55.
CURRENT RATIO
20.55
CURRENT RATIO AVG TTM
36.40
CURRENT RATIO AVG 3Y
13.80
CURRENT RATIO AVG 5Y
8.62
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-43.56%
CURRENT VS 3Y AVG
+48.84%
CURRENT VS 5Y AVG
+138.45%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.97
median of 638 covered companies
CURRENT VS SECTOR MEDIAN
+942.90%
vs the sector median at left
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| D-Wave Quantum Inc. (QBTS) | $5.80B | 20.55 | 36.40 | 13.80 | 8.62 |
| EPAM Systems, Inc. (EPAM)vs › | $5.71B | 2.75 | 2.77 | 3.51 | 3.52 |
| Pegasystems Inc. (PEGA)vs › | $5.69B | 1.06 | 1.28 | 1.48 | 1.63 |
| Genpact Limited (G)vs › | $5.67B | 2.00 | 1.91 | 1.72 | 1.63 |
| Varonis Systems, Inc. (VRNS)vs › | $5.64B | 1.65 | 1.58 | 2.37 | 2.69 |
| Impinj, Inc. (PI)vs › | $5.62B | 3.28 | 1.83 | 4.72 | 5.39 |
| Lyft, Inc. (LYFT)vs › | $5.98B | 0.59 | 0.71 | 0.78 | 0.91 |
| Cirrus Logic, Inc. (CRUS)vs › | $6.00B | 7.58 | 6.86 | 6.09 | 5.24 |
| Open Text Corporation (OTEX)vs › | $5.51B | 0.81 | 0.81 | 0.78 | 1.05 |
| ExlService Holdings, Inc. (EXLS)vs › | $5.37B | 1.24 | 2.65 | 2.39 | 2.24 |
Current Ratio
20.55
Quick Ratio
20.42
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 | 20.55 |
| 2026-03-31 | 21.41 |
| 2025-12-31 | 42.38 |
| 2025-09-30 | 54.68 |
| 2025-06-30 | 42.99 |
| 2025-03-31 | 20.73 |
| 2024-12-31 | 6.14 |
| 2024-09-30 | 1.36 |
| 2024-06-30 | 1.09 |
| 2024-03-31 | 3.10 |
| 2023-12-31 | 4.18 |
| 2023-09-30 | 1.34 |
| 2023-06-30 | 0.38 |
| 2023-03-31 | 0.82 |
| 2022-12-31 | 0.87 |
| 2022-09-30 | 1.80 |
| 2022-06-30 | 0.64 |
| 2022-03-31 | 0.97 |
| 2021-12-31 | 1.53 |
| 2021-09-30 | 0.02 |
| 2021-06-30 | 0.02 |
| 2021-03-31 | 0.04 |
