Wells Fargo Current Ratio:
0.2672 for Dec. 31, 2012Wells Fargo Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 0.2672 |
| Dec. 31, 2012 | 0.9171 |
| Sept. 30, 2012 | 0.3269 |
| June 30, 2012 | 0.3001 |
| March 31, 2012 | 0.3336 |
| Dec. 31, 2011 | 1.028 |
| Sept. 30, 2011 | 0.3607 |
| June 30, 2011 | 0.4465 |
| March 31, 2011 | 0.3102 |
| Dec. 31, 2010 | 0.811 |
| Sept. 30, 2010 | 0.3155 |
| June 30, 2010 | 0.3889 |
| March 31, 2010 | 0.3518 |
| Dec. 31, 2009 | 0.695 |
| Sept. 30, 2009 | 0.5595 |
| June 30, 2009 | 0.3719 |
| March 31, 2009 | 0.3078 |
| Dec. 31, 2008 | 0.2199 |
| Sept. 30, 2008 | 0.3572 |
| June 30, 2008 | 0.158 |
| 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 |
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| 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 |
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| Dec. 31, 2003 | Go Pro |
| Sept. 30, 2003 | Go Pro |
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| 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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WFC Current Ratio Benchmarks
| Companies | |
|---|---|
| U.S. Bancorp | 0.2555 |
| JPMorgan Chase | 1.498 |
| Bank of America Corporation | 4.382 |
WFC Current Ratio Rankings
| Overall |
42nd percentile 4588 of 8002 |
| Sector |
56th percentile 415 of 955 in Financial Services |
| Industry |
67th percentile 143 of 445 in Banks - Regional - US |
WFC Current Ratio Range, Past 5 Years
| Minimum | 0.1580 | Jun 2008 |
| Maximum | 1.028 | Dec 2011 |
| Average | 0.4413 |
