Wells Fargo & Current Ratio

• Annual: 1.59
• Quarterly: 0.29
• TTM: 0.29

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 Wells Fargo &'s financial health include:

• Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
  • Annual: 8.96
  • Quarterly: 0.29
  • TTM: 0.29
• Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
  • Annual: 3.33
  • Quarterly: 0.29
  • TTM: 0.29

These metrics provide insights into Wells Fargo &'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.

Wells Fargo & Historical Current Ratio

Historical Quick Ratio

Historical Cash Ratio