Current ratio

Current ratio, excluding deferred revenue from the liabilities

One of the 64 measures in Stock Scorer, under Resilience — Can the balance sheet absorb a bad year?

How it is worked out

Current assets ÷ (current liabilities − deferred revenue)

Current means due, or convertible to cash, within a year. Deferred revenue is taken out of the liabilities because money customers have already paid is a promise to deliver, not a bill that has to be settled in cash.

How to read it

3.0 earns a 10, 1.0 a 1

Highest on this measure

#	Company	Current ratio
1	DOMH Dominari Holdings Inc.	48.08 x
2	CLDN.L CALEDONIA INVESTMENTS PLC	38.51 x
3	VEEV Veeva Systems Inc.	35.80 x
4	LGND LIGAND PHARMACEUTICALS INCORPORATED	31.60 x
5	BLSH Bullish	29.28 x
6	UUUU ENERGY FUELS INC.	27.90 x
7	USLM UNITED STATES LIME & MINERALS INC	27.54 x
8	GENC GENCOR INDUSTRIES, INC.	25.31 x

The fifty highest on this measure, worked out from the same filings.

Which figures it needs

Computed from 3 figures taken from the filing:

current_assets
current_liabilities
deferred_revenue

The XBRL tags behind it

These are the element names looked for in a filing, in order. The first one a company reports is the one used, and the company page names which it was — so any figure here can be checked against the filing it came from.

AssetsCurrent
CurrentAssets
CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners
LiabilitiesCurrent
CurrentLiabilities
CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale
ContractWithCustomerLiabilityCurrent
DeferredRevenueCurrent
CurrentContractLiabilities

Whether it counts

This measure is counted in Resilience by default. It can be taken out on the dashboard, and the dimension is then measured over whatever is left.