ETRADE Financial Current Ratio

ETFC -- USA Stock  

USD 48.44  0.64  1.34%

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ETRADE Financial Current Ratio Analysis

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
ETRADE Financial 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
 = 
1.42X

ETRADE Financial Distress Driver Correlations

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).Compare to competition
Accumulated Other Comprehensive Income
In accordance with recently published financial statements ETRADE Financial Corporation has Current Ratio of 1.42 times. This is much higher than that of the Financial Services sector, and significantly higher than that of Capital Markets industry, The Current Ratio for all stocks is notably lower than the firm.

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