U.S. Bancorp Current Ratio

• Annual: 12.13
• Quarterly: 3.10
• TTM: 3.10

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 U.S. Bancorp's financial health include:

• Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
  • Annual: 17.47
  • Quarterly: 3.10
  • TTM: 3.10
• Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
  • Annual: 5.34
  • Quarterly: 3.10
  • TTM: 3.10

These metrics provide insights into U.S. Bancorp'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.

U.S. Bancorp Historical Current Ratio

Historical Quick Ratio

Historical Cash Ratio