As of June 6, 2025, Colfax Corp (CFX) reports a Current Ratio of 1.68.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Colfax Corp's Current Ratio
Over recent years, Colfax Corp's Current Ratio has shown a stable trend. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-12-31 | 1.68 |
| 2020-12-31 | 1.68 |
| 2019-12-31 | 1.64 |
| 2018-12-31 | 1.63 |
| 2017-12-31 | 1.89 |
This slight upward trend highlights how Colfax Corp manages its short-term assets and liabilities over time.
Comparing Colfax Corp's Current Ratio to Peers
To better understand Colfax Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Colfax Corp (CFX) | 1.68 |
| Mueller Industries Inc (MLI) | 5.06 |
| Snap-On Inc (SNA) | 4.15 |
| Graco Inc (GGG) | 3.69 |
| Gates Industrial Corporation PLC (GTES) | 3.20 |
| Timken Co (TKR) | 3.07 |
Compared to its competitors, Colfax Corp's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.