JPMorgan Chase & (JPM) Current Ratio
Price: $224.26
Market Cap: $638.06B
Avg Volume: 8.63M
Market Cap: $638.06B
Avg Volume: 8.63M
Country: US
Industry: Banks - Diversified
Sector: Financial Services
Industry: Banks - Diversified
Sector: Financial Services
JPMorgan Chase & Current Ratio
- Annual: 39.12
- Quarterly: 2.44
- TTM: 2.44
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 JPMorgan Chase &'s financial health include:
- Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
- Annual: 80.63
- Quarterly: 7.89
- TTM: 7.89
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 13.96
- Quarterly: 1.19
- TTM: 1.19
These metrics provide insights into JPMorgan Chase &'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
39.12
Quarterly Current Ratio
2.44
TTM Current Ratio
2.44
JPMorgan Chase & Historical Current Ratio
Historical Quick Ratio
Historical Cash Ratio
JPMorgan Chase & 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 | 39.12 | 80.63 | 13.96 |
2022 | 4.79 | 9.57 | 1.65 |
2021 | 5.52 | 11.03 | 2.34 |
2020 | 5.68 | 11.36 | 1.90 |
2019 | 4.52 | 9.05 | 1.05 |
2018 | 6.52 | 13.33 | 1.51 |
2017 | 22.87 | 58.54 | 8.30 |
2016 | 97.19 | 251.35 | 33.19 |
2015 | 4.31 | 4.31 | 23.17 |
2014 | 3.51 | 3.51 | 1.87 |