As of June 16, 2025, Cisco Systems Inc (CSCO) reports a Current Ratio of 0.91.
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 Cisco Systems Inc's Current Ratio
Over recent years, Cisco Systems Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2024-07-27 | 0.91 |
2023-07-29 | 1.38 |
2022-07-30 | 1.43 |
2021-07-31 | 1.49 |
2020-07-25 | 1.72 |
This gradual decrease highlights how Cisco Systems Inc manages its short-term assets and liabilities over time.
Comparing Cisco Systems Inc's Current Ratio to Peers
To better understand Cisco Systems Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Cisco Systems Inc (CSCO) | 0.91 |
Nuveen California Quality Municipal Income Fund (NAC) | 3.09 |
Nuveen Quality Municipal Income Fund (NAD) | 2.83 |
Adams Diversified Equity Fund Inc (ADX) | 2.77 |
Tri-Continental Corp (TY) | 2.59 |
Pope and Talbot Inc (PTBTQ) | 2.52 |
Compared to its competitors, Cisco Systems Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.