GE Vernova (GEV) Current Ratio

Price: $336.2
Market Cap: $92.76B
Avg Volume: 4.01M
Country: US
Industry: Renewable Utilities
Sector: Utilities
Beta: 0.8019874
52W Range: $119-447.5
Website: GE Vernova

GE Vernova Current Ratio

  • Annual: 1.06
  • Quarterly: 1.08
  • TTM: 1.08

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 GE Vernova's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 0.79
    • Quarterly: 0.83
    • TTM: 0.83
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.26
    • Quarterly: 0.26
    • TTM: 0.26

These metrics provide insights into GE Vernova'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

1.06

Quarterly Current Ratio

1.08

TTM Current Ratio

1.08

GE Vernova Historical Current Ratio
1.541.541.031.030.510.510.000.00Current Ratio20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Quick Ratio
0.790.790.630.630.470.470.320.320.160.160.000.00Quick Ratio20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Cash Ratio
0.260.260.210.210.160.160.100.100.050.050.000.00Cash Ratio20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025

GE Vernova Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Current Ratio Quick Ratio Cash Ratio
2024 1.06 0.79 0.26
2023 0.94 0.69 0.05
2022 0.95 0.69 0.08
2021 0.00 0.00 0.00

Related Metrics

Explore detailed financial metrics and analysis for GEV.