Principal Financial Group (PFG) Current Ratio

Price: $85.6
Market Cap: $19.31B
Avg Volume: 1.48M
Country: US
Industry: Insurance - Diversified
Sector: Financial Services
Beta: 1.169
52W Range: $72.21-91.98
Website: Principal Financial Group

Principal Financial Group Current Ratio

  • Annual: 0.23
  • Quarterly: 0.00
  • TTM: 0.00

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 Principal Financial Group's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 0.23
    • Quarterly: 0.00
    • TTM: 0.00
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.23
    • Quarterly: 0.00
    • TTM: 0.00

These metrics provide insights into Principal Financial Group'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

0.23

Quarterly Current Ratio

0.00

TTM Current Ratio

0.00

Principal Financial Group Historical Current Ratio
1600.001600.001200.001200.00800.00800.00400.00400.000.000.00Current Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Quick Ratio
2000.002000.001600.001600.001200.001200.00800.00800.00400.00400.000.000.00Quick Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Cash Ratio
80.0080.0060.0060.0040.0040.0020.0020.000.000.00Cash Ratio20162016201720172018201820192019202020202021202120222022202320232024202420252025

Principal Financial Group 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 0.23 0.23 0.23
2023 372.53 372.53 64.49
2022 0.53 5.14 0.24
2021 1031.69 1113.77 29.22
2020 983.28 1074.33 33.65
2019 796.17 874.25 26.94
2018 1503.48 1689.33 69.41
2017 45.67 1261.16 43.96
2016 43.83 1044.51 42.30
2015 13.38 13.38 12.86

Related Metrics

Explore detailed financial metrics and analysis for PFG.