American Express (AXP) Current Ratio
Price: $270.32
Market Cap: $190.43B
Avg Volume: 2.75M
Market Cap: $190.43B
Avg Volume: 2.75M
Country: US
Industry: Financial - Credit Services
Sector: Financial Services
Industry: Financial - Credit Services
Sector: Financial Services
American Express Current Ratio
- Annual: 1.02
- Quarterly: 1.01
- TTM: 1.01
What is the Current Ratio?
The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.
Related Metrics
Other important metrics to assess American Express's financial health include:
- Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
- Annual: 0.01
- Quarterly: 0.30
- TTM: 0.30
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.32
- Quarterly: 0.62
- TTM: 0.62
These metrics provide insights into American Express's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Current Ratio
1.02
Quarterly Current Ratio
1.01
TTM Current Ratio
1.01
American Express Historical Current Ratio
Historical Quick Ratio
Historical Cash Ratio
American Express Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
Year | Current Ratio | Quick Ratio | Cash Ratio |
---|---|---|---|
2023 | 1.02 | 0.01 | 0.32 |
2022 | 2.73 | 0.33 | 2.49 |
2021 | 2.08 | -3.89 | 1.71 |
2020 | 8.36 | -1.66 | 2.87 |
2019 | 4.68 | 0.37 | 1.28 |
2018 | 2.12 | -0.09 | 1.76 |
2017 | 1.77 | -0.75 | 12.08 |
2016 | 1.42 | -0.81 | 6.18 |
2015 | 0.86 | 0.86 | 0.32 |
2014 | 4.85 | 4.85 | 1.54 |