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 0.94 is 59% below its 5-year average of 2.29, near the low end of its 5-year range (0.94–5.15).
As of the fiscal period ended Friday, July 31, 2026. 21.68% below its 12-month average of 1.20.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
0.94
CURRENT RATIO AVG TTM
1.20
CURRENT RATIO AVG 3Y
1.59
CURRENT RATIO AVG 5Y
2.29
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-21.68%
CURRENT VS 3Y AVG
-40.92%
CURRENT VS 5Y AVG
-58.92%
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
-49.66%
vs the sector median at left
Market Cap
$107.11B
Current Ratio
0.17
TTM Avg
0.61
3Y Avg
0.80
5Y Avg
0.88
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snowflake Inc. (SNOW) | $116.28B | 0.94 | 1.20 | 1.59 | 2.29 |
| Fortinet, Inc. (FTNT)vs › | $115.54B | 1.28 | 1.32 | 1.27 | 1.35 |
| Accenture plc (ACN)vs › | $109.56B | 1.34 | 1.26 | 1.26 | 1.28 |
| Automatic Data Processing, Inc. (ADP)vs › | $107.11B | 0.17 | 0.61 | 0.80 | 0.88 |
| AppLovin Corporation (APP)vs › | $104.82B | 4.30 | 2.75 | 2.64 | 2.79 |
| Adobe Inc. (ADBE)vs › | $102.26B | 0.75 | 1.04 | 1.13 | 1.15 |
| Cloudflare, Inc. (NET)vs › | $100.95B | 1.82 | 2.42 | 3.27 | 4.64 |
| ServiceNow, Inc. (NOW)vs › | $138.75B | 0.70 | 1.05 | 1.07 | 1.09 |
| Corning Inc (GLW)vs › | $142.98B | 1.81 | 1.60 | 1.58 | 1.67 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.49B | 1.07 | 1.23 | 1.23 | 1.26 |
Current Ratio
0.94
Quick Ratio
0.94
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 | 0.94 |
| 2026-04-30 | 1.00 |
| 2026-01-31 | 1.30 |
| 2025-10-31 | 1.32 |
| 2025-07-31 | 1.44 |
| 2025-04-30 | 1.54 |
| 2025-01-31 | 1.75 |
| 2024-10-31 | 1.85 |
| 2024-07-31 | 1.55 |
| 2024-04-30 | 1.71 |
| 2024-01-31 | 1.85 |
| 2023-10-31 | 2.12 |
| 2023-07-31 | 2.30 |
| 2023-04-30 | 2.42 |
| 2023-01-31 | 2.50 |
| 2022-10-31 | 3.08 |
| 2022-07-31 | 3.21 |
| 2022-04-30 | 3.18 |
| 2022-01-31 | 3.29 |
| 2021-10-31 | 4.49 |
| 2021-07-31 | 5.15 |
| 2021-04-30 | 5.43 |
| 2021-01-31 | 5.45 |
| 2020-10-31 | 9.11 |
| 2020-07-31 | 1.66 |
| 2020-04-30 | 2.31 |
| 2020-01-31 | 1.60 |
| 2019-10-31 | 0.00 |
| 2019-07-31 | 0.00 |
| 2019-04-30 | 0.00 |