Understanding the Current Ratio
Worked Example: These Figures Today
The companies used as examples above, with the live figures behind them. Illustrations of the metric — not a ranking, not a shortlist, and not a recommendation.
| Ticker | Company | Price | Change | Market Cap | P/E | MoonshotScore |
|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | $332.61 | +1.85% | $4.9T | 37.5 | 89 |
| F | Ford Motor Company | $13.90 | +3.35% | $55.4B | 7.5 | 42 |
| BA | The Boeing Company | $204.80 | -0.78% | $161.9B | 76.7 | 45 |
Shortlist Context
“MoonshotScore rates a US-listed stock 0 to 100 — higher means stronger numbers. Most carry an older nine-factor score; the rest use five sector-relative pillars, re-ranked daily — common stocks and ADRs only. Funds, ETFs, warrants, units, SPACs, preferreds, and notes carry none. It is built for education and deeper due diligence, not financial advice.”
Questions worth resolving before acting on the screen
What is considered a good current ratio?
A current ratio between 1.5 and 2.0 is generally considered healthy, indicating sufficient liquidity. However, the ideal ratio varies by industry.
What are the limitations of the current ratio?
The current ratio does not consider the liquidity of individual current assets. Inventory, for example, might not be easily converted to cash. It's also a static measure, providing a snapshot at a specific point in time.
How can the current ratio be used in conjunction with other financial metrics?
The current ratio is most effective when used with other liquidity and solvency ratios, such as the quick ratio and debt-to-equity ratio, to provide a comprehensive view of a company's financial health.
Why is the current ratio important for investors?
The current ratio helps investors assess a company's financial risk and ability to meet its short-term obligations, which can impact its long-term stability and growth potential.
Can a high current ratio be a bad sign?
Yes, a very high current ratio may indicate that a company is not efficiently utilizing its assets, such as by holding too much cash or inventory, instead of reinvesting in growth opportunities.