Discover Financial Services (DFS)
Create an AlertDiscover Financial Services Current Ratio:
1.913 for March 31, 2013Discover Financial Services Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 1.913 |
| Nov. 30, 2012 | 1.084 |
| Aug. 31, 2012 | 1.950 |
| May 31, 2012 | 1.959 |
| Feb. 29, 2012 | 2.292 |
| Nov. 30, 2011 | 0.9468 |
| Aug. 31, 2011 | 23.73 |
| May 31, 2011 | 20.14 |
| Feb. 28, 2011 | 20.46 |
| Nov. 30, 2010 | 2.478 |
| Aug. 31, 2010 | 28.63 |
| May 31, 2010 | 3.850 |
| Feb. 28, 2010 | 5.467 |
About Current Ratio
The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. The ratio illustrates a company's ability to remain solvent.
A current ratio of one means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning current assets twice as large as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.
Other similar solvency ratios include :
Cash Ratio - Measures the amount of cash that can be used to pay liabilities (most strict)
Quick Ratio - Measures the amount of cash, short term equivalents, and accounts receivables that can be used to pay liabilities (more lenient than cash ratio, but stricter than current ratio)
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DFS Current Ratio Benchmarks
| Companies | |
|---|---|
| Visa | 1.954 |
| Capital One Financial | 25.45 |
| MasterCard | 1.990 |
DFS Current Ratio Rankings
| Overall |
76th percentile 4017 of 16770 |
| Sector |
68th percentile 639 of 2011 in Financial Services |
| Industry |
61st percentile 30 of 77 in Credit Services |
DFS Current Ratio Range, Past 5 Years
| Minimum | 0.9468 | Nov 2011 |
| Maximum | 28.63 | Aug 2010 |
| Average | 8.653 |