S&P 500 Aggregate Current Ratio

Live value temporarily unavailable.

Source: Company filings (aggregated)

Data updated daily

What it measures

The S&P 500 current ratio measures aggregate current assets relative to aggregate current liabilities for index constituents. Current assets include cash, receivables, and inventories; current liabilities include payables, short-term debt, and near-term obligations. A reading of 1.5x means S&P 500 companies collectively hold $1.50 of liquid assets for every $1.00 of near-term obligations.

Why it matters

The current ratio is the primary short-term liquidity gauge — it measures whether a business can meet its near-term obligations without external financing. A ratio below 1.0x does not necessarily signal distress if the company has ready access to revolving credit or generates strong operating cash flow; many large-cap technology companies operate below 1.0x with no liquidity concern. Declines over time are more informative than the absolute level: they can signal working capital deterioration or aggressive payable stretching. At the index level, sector composition significantly affects this metric.

How it is calculated

Current Ratio = Σ Current Assets ÷ Σ Current Liabilities

LENSE computes the S&P 500 current ratio as aggregate current assets divided by aggregate current liabilities — not a simple average of per-company ratios. Both figures are sourced from the most recently reported quarter-end balance sheets using as-reported data. Constituents with zero current liabilities are excluded from the denominator. Index constituency is resolved point-in-time using point-in-time index constituency.

Recent (monthly)

Recent data unavailable.

Data source: Company filings (aggregated). Computed and published by LENSE Analytics.