As of May 25, 2025, Synchrony Financial (SYF) reports a Current Ratio of 1.86.
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.
Comparing Synchrony Financial's Current Ratio to Peers
To better understand Synchrony Financial's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Synchrony Financial (SYF) | 1.86 |
| Enova International Inc (ENVA) | 19.26 |
| Bit Digital Inc (BTBT) | 5.39 |
| Firstcash Holdings Inc (FCFS) | 4.14 |
| OneMain Holdings Inc (OMF) | 2.91 |
| QC Holdings Inc (QCCO) | 2.73 |
Compared to its competitors, Synchrony Financial's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.