Progressive Corporation (PGR)
Add to Watchlists Create an AlertProgressive Corporation Current Ratio:
3.038 for March 31, 2013Progressive Corporation Historical Current Ratio Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 3.038 |
| Dec. 31, 2012 | 2.921 |
| Sept. 30, 2012 | 3.280 |
| June 30, 2012 | 2.966 |
| March 31, 2012 | 2.855 |
| Dec. 31, 2011 | 2.658 |
| Sept. 30, 2011 | 2.803 |
| June 30, 2011 | 2.762 |
| March 31, 2011 | 2.710 |
| Dec. 31, 2010 | 2.372 |
| Sept. 30, 2010 | 2.917 |
| June 30, 2010 | 2.984 |
| March 31, 2010 | 2.927 |
| Dec. 31, 2009 | 2.900 |
| Sept. 30, 2009 | 2.905 |
| June 30, 2009 | 2.774 |
| March 31, 2009 | 2.928 |
| Dec. 31, 2008 | 2.408 |
| Sept. 30, 2008 | 2.174 |
| June 30, 2008 | 2.027 |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
| March 31, 2007 | Go Pro |
| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
| June 30, 2006 | Go Pro |
| March 31, 2006 | Go Pro |
| Dec. 31, 2005 | Go Pro |
| Sept. 30, 2005 | Go Pro |
| June 30, 2005 | Go Pro |
| March 31, 2005 | Go Pro |
| Dec. 31, 2004 | Go Pro |
| Sept. 30, 2004 | Go Pro |
| June 30, 2004 | Go Pro |
| March 31, 2004 | Go Pro |
| Dec. 31, 2003 | Go Pro |
| Sept. 30, 2003 | Go Pro |
| June 30, 2003 | Go Pro |
| March 31, 2003 | Go Pro |
| Dec. 31, 2002 | Go Pro |
| Sept. 30, 2002 | Go Pro |
| June 30, 2002 | Go Pro |
| March 31, 2002 | Go Pro |
| Dec. 31, 2001 | Go Pro |
| Sept. 30, 2001 | Go Pro |
| June 30, 2001 | Go Pro |
| March 31, 2001 | Go Pro |
| Dec. 31, 2000 | Go Pro |
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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PGR Current Ratio Benchmarks
| Companies | |
|---|---|
| Allstate | |
| XL Group | 11.31 |
| Axis Capital | 8.800 |
PGR Current Ratio Rankings
| Overall |
79th percentile 1548 of 7600 |
| Sector |
66th percentile 305 of 916 in Financial Services |
| Industry |
60th percentile 24 of 60 in Insurance - Property & Casualty |
PGR Current Ratio Range, Past 5 Years
| Minimum | 2.027 | Jun 2008 |
| Maximum | 3.280 | Sep 2012 |
| Average | 2.766 |
