JPMorgan Chase & (JPM) Current Ratio

Price: $224.26
Market Cap: $638.06B
Avg Volume: 8.63M
Country: US
Industry: Banks - Diversified
Sector: Financial Services
Beta: 1.102
52W Range: $135.19-225.92
Website: JPMorgan Chase &

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