As of June 8, 2025, Copart Inc (CPRT) reports a Current Ratio of 7.03.
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 Copart Inc's Current Ratio
Over recent years, Copart Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-07-31 | 7.03 |
| 2023-07-31 | 6.62 |
| 2022-07-31 | 5.00 |
| 2021-07-31 | 4.04 |
| 2020-07-31 | 2.71 |
This steady improvement highlights how Copart Inc manages its short-term assets and liabilities over time.
Comparing Copart Inc's Current Ratio to Peers
To better understand Copart Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Copart Inc (CPRT) | 7.03 |
| Eko International Corp (EKNL) | 1943.50 |
| AMREP Corp (AXR) | 20.16 |
| ITEX Corp (ITEX) | 3.46 |
| UniFirst Corp (UNF) | 3.25 |
| Performant Financial Corp (PFMT) | 3.21 |
Compared to its competitors, Copart Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.