International Business Machines current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.
International Business Machines's current ratio is 0.85: current assets of 31.19B USD against current liabilities of 36.49B USD due within a year.
- Today
- 0.85
- Average, 5 years
- 0.96
- Low, 5 years
- 0.79
- High, 5 years
- 1.16
Current ratio = current assets ÷ current liabilities = 31.19B ÷ 36.49B = 0.85
Current assets over current liabilities at each quarter end: above 1, what falls due within a year is covered by what turns into cash within a year.
Current ratio by year and by quarter
| Fiscal year | Period ending | Current ratio | Total current assets | Total current liabilities |
|---|---|---|---|---|
| Today | 0.85 | 31.19B | 36.49B | |
| FY2025 | 31 Dec 2025 | 0.93 | 35.86B | 38.66B |
| FY2024 | 31 Dec 2024 | 1.04 | 34.48B | 33.14B |
| FY2023 | 31 Dec 2023 | 0.96 | 32.91B | 34.12B |
| FY2022 | 31 Dec 2022 | 0.92 | 29.12B | 31.51B |
| FY2021 | 31 Dec 2021 | 0.88 | 29.54B | 33.62B |
| FY2020 | 31 Dec 2020 | 0.98 | 39.17B | 39.87B |
| FY2019 | 31 Dec 2019 | 1.02 | 38.42B | 37.70B |
| FY2018 | 31 Dec 2018 | 1.29 | 49.15B | 38.23B |
| FY2017 | 31 Dec 2017 | 1.33 | 49.74B | 37.36B |
| FY2016 | 31 Dec 2016 | 1.21 | 43.89B | 36.28B |
| FY2015 | 31 Dec 2015 | 1.24 | 42.50B | 34.27B |
| FY2014 | 31 Dec 2014 | 1.20 | 47.38B | 39.58B |
| FY2013 | 31 Dec 2013 | 1.28 | 51.35B | 40.15B |
| FY2012 | 31 Dec 2012 | 1.13 | 49.43B | 43.63B |
| FY2011 | 31 Dec 2011 | 1.21 | 50.93B | 42.12B |
| FY2010 | 31 Dec 2010 | 1.19 | 48.12B | 40.56B |
| FY2009 | 31 Dec 2009 | 1.36 | 48.94B | 36.00B |
| FY2008 | 31 Dec 2008 | 1.15 | 49.00B | 42.44B |
| FY2007 | 31 Dec 2007 | 1.20 | 53.18B | 44.31B |
| FY2006 | 31 Dec 2006 | 1.11 | 44.66B | 40.09B |
| FY2005 | 31 Dec 2005 | 1.30 | 45.66B | 35.15B |
| FY2004 | 31 Dec 2004 | 1.18 | 46.97B | 39.79B |
| FY2003 | 31 Dec 2003 | 1.20 | 45.00B | 37.62B |
| FY2002 | 31 Dec 2002 | 1.21 | 41.65B | 34.55B |
| FY2001 | 31 Dec 2001 | 1.21 | 42.46B | 35.12B |
| FY2000 | 31 Dec 2000 | 1.21 | 43.88B | 36.41B |
| FY1999 | 31 Dec 1999 | 1.09 | 43.16B | 39.58B |
| FY1998 | 31 Dec 1998 | 1.15 | 42.36B | 36.83B |
| FY1997 | 31 Dec 1997 | 1.21 | 40.42B | 33.51B |
| FY1996 | 31 Dec 1996 | 1.20 | 40.70B | 34.00B |
| FY1995 | 31 Dec 1995 | 1.29 | 40.69B | 31.65B |
| FY1994 | 31 Dec 1994 | 1.41 | 41.34B | 29.23B |
| FY1993 | 31 Dec 1993 | 1.18 | 39.20B | 33.15B |
| FY1992 | 31 Dec 1992 | 1.08 | 39.69B | 36.74B |
| FY1991 | 31 Dec 1991 | 1.22 | 40.97B | 33.62B |
| FY1990 | 31 Dec 1990 | 1.54 | 38.92B | 25.28B |
| FY1989 | 31 Dec 1989 | 1.65 | 35.88B | 21.70B |
| FY1988 | 31 Dec 1988 | 2.03 | 35.34B | 17.39B |
| FY1987 | 31 Dec 1987 | 2.32 | 31.02B | 13.38B |
| FY1986 | 31 Dec 1986 | 2.18 | 27.75B | 12.74B |
| FY1985 | 31 Dec 1985 | 2.28 | 26.07B | 11.43B |
| Quarter | Period ending | Current ratio | Total current assets | Total current liabilities |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 0.85 | 31.19B | 36.49B |
| Q2 FY2026 | 30 Jun 2026 | 0.79 | 28.40B | 35.91B |
| Q1 FY2026 | 31 Mar 2026 | 0.80 | 31.91B | 40.10B |
| Q4 FY2025 | 31 Dec 2025 | 0.93 | 35.86B | 38.66B |
| Q3 FY2025 | 30 Sept 2025 | 0.93 | 32.74B | 35.14B |
| Q2 FY2025 | 30 Jun 2025 | 0.91 | 34.25B | 37.73B |
| Q1 FY2025 | 31 Mar 2025 | 1.01 | 35.34B | 35.11B |
| Q4 FY2024 | 31 Dec 2024 | 1.04 | 34.48B | 33.14B |
| Q3 FY2024 | 30 Sept 2024 | 1.06 | 30.54B | 28.85B |
| Q2 FY2024 | 30 Jun 2024 | 1.12 | 33.30B | 29.65B |
| Q1 FY2024 | 31 Mar 2024 | 1.13 | 36.66B | 32.40B |
| Q4 FY2023 | 31 Dec 2023 | 0.96 | 32.91B | 34.12B |
| Q3 FY2023 | 30 Sept 2023 | 0.91 | 27.71B | 30.61B |
| Q2 FY2023 | 30 Jun 2023 | 1.06 | 34.46B | 32.51B |
| Q1 FY2023 | 31 Mar 2023 | 1.16 | 35.98B | 30.99B |
| Q4 FY2022 | 31 Dec 2022 | 0.92 | 29.12B | 31.51B |
| Q3 FY2022 | 30 Sept 2022 | 0.95 | 29.00B | 30.47B |
| Q2 FY2022 | 30 Jun 2022 | 0.88 | 27.90B | 31.84B |
| Q1 FY2022 | 31 Mar 2022 | 0.92 | 31.33B | 34.06B |
| Q4 FY2021 | 31 Dec 2021 | 0.88 | 29.54B | 33.62B |
| Q3 FY2021 | 30 Sept 2021 | 0.84 | 29.97B | 35.83B |
| Q2 FY2021 | 30 Jun 2021 | 0.84 | 30.77B | 36.62B |
| Q1 FY2021 | 31 Mar 2021 | 0.93 | 34.04B | 36.54B |
| Q4 FY2020 | 31 Dec 2020 | 0.98 | 39.17B | 39.87B |
| Q3 FY2020 | 30 Sept 2020 | 1.05 | 39.85B | 37.99B |
| Q2 FY2020 | 30 Jun 2020 | 1.04 | 39.95B | 38.44B |
| Q1 FY2020 | 31 Mar 2020 | 0.96 | 38.93B | 40.67B |
| Q4 FY2019 | 31 Dec 2019 | 1.02 | 38.42B | 37.70B |
| Q3 FY2019 | 30 Sept 2019 | 1.09 | 38.12B | 35.07B |
| Q2 FY2019 | 30 Jun 2019 | 1.83 | 77.52B | 42.35B |
| Q1 FY2019 | 31 Mar 2019 | 1.36 | 52.71B | 38.87B |
| Q4 FY2018 | 31 Dec 2018 | 1.29 | 49.15B | 38.23B |
| Q3 FY2018 | 30 Sept 2018 | 1.31 | 48.26B | 36.82B |
| Q2 FY2018 | 30 Jun 2018 | 1.32 | 46.80B | 35.44B |
| Q1 FY2018 | 31 Mar 2018 | 1.37 | 49.12B | 35.73B |
| Q4 FY2017 | 31 Dec 2017 | 1.33 | 49.74B | 37.36B |
| Q3 FY2017 | 30 Sept 2017 | 1.41 | 44.74B | 31.70B |
| Q2 FY2017 | 30 Jun 2017 | 1.25 | 45.01B | 35.97B |
| Q1 FY2017 | 31 Mar 2017 | 1.18 | 42.89B | 36.48B |
| Q4 FY2016 | 31 Dec 2016 | 1.21 | 43.89B | 36.28B |
| Q3 FY2016 | 30 Sept 2016 | 1.20 | 41.43B | 34.45B |
| Q2 FY2016 | 30 Jun 2016 | 1.30 | 43.52B | 33.59B |
| Q1 FY2016 | 31 Mar 2016 | 1.37 | 47.62B | 34.66B |
| Q4 FY2015 | 31 Dec 2015 | 1.24 | 42.50B | 34.27B |
| Q3 FY2015 | 30 Sept 2015 | 1.25 | 42.11B | 33.73B |
| Q2 FY2015 | 30 Jun 2015 | 1.27 | 45.19B | 35.54B |
| Q1 FY2015 | 31 Mar 2015 | 1.30 | 46.32B | 35.64B |
| Q4 FY2014 | 31 Dec 2014 | 1.20 | 47.38B | 39.58B |
| Q3 FY2014 | 30 Sept 2014 | 1.11 | 47.16B | 42.31B |
| Q2 FY2014 | 30 Jun 2014 | 1.14 | 48.18B | 42.43B |
| Q1 FY2014 | 31 Mar 2014 | 1.17 | 47.96B | 41.06B |
| Q4 FY2013 | 31 Dec 2013 | 1.28 | 51.35B | 40.15B |
| Q3 FY2013 | 30 Sept 2013 | 1.21 | 47.53B | 39.22B |
| Q2 FY2013 | 30 Jun 2013 | 1.17 | 47.91B | 41.04B |
| Q1 FY2013 | 31 Mar 2013 | 1.16 | 48.95B | 42.12B |
| Q4 FY2012 | 31 Dec 2012 | 1.13 | 49.43B | 43.63B |
| Q3 FY2012 | 30 Sept 2012 | 1.22 | 48.14B | 39.50B |
| Q2 FY2012 | 30 Jun 2012 | 1.22 | 47.39B | 38.90B |
| Q1 FY2012 | 31 Mar 2012 | 1.28 | 48.85B | 38.21B |
| Q4 FY2011 | 31 Dec 2011 | 1.21 | 50.93B | 42.12B |
| Q3 FY2011 | 30 Sept 2011 | 1.26 | 45.37B | 36.03B |
| Q2 FY2011 | 30 Jun 2011 | 1.18 | 46.94B | 39.84B |
| Q1 FY2011 | 31 Mar 2011 | 1.18 | 47.52B | 40.39B |
| Q4 FY2010 | 31 Dec 2010 | 1.19 | 48.12B | 40.56B |
| Q3 FY2010 | 30 Sept 2010 | 1.25 | 44.47B | 35.44B |
| Q2 FY2010 | 30 Jun 2010 | 1.28 | 44.90B | 34.99B |
| Q1 FY2010 | 31 Mar 2010 | 1.32 | 45.70B | 34.58B |
| Q4 FY2009 | 31 Dec 2009 | 1.36 | 48.94B | 36.00B |
| Q3 FY2009 | 30 Sept 2009 | 1.32 | 43.45B | 32.96B |
| Q2 FY2009 | 30 Jun 2009 | 1.22 | 44.44B | 36.43B |
| Q1 FY2009 | 31 Mar 2009 | 1.18 | 44.00B | 37.43B |
| Q4 FY2008 | 31 Dec 2008 | 1.15 | 49.00B | 42.44B |
| Q3 FY2008 | 30 Sept 2008 | 0.99 | 44.19B | 44.75B |
| Q2 FY2008 | 30 Jun 2008 | 1.04 | 46.31B | 44.68B |
| Q1 FY2008 | 31 Mar 2008 | 1.03 | 48.43B | 47.05B |
| Q4 FY2007 | 31 Dec 2007 | 1.20 | 53.18B | 44.31B |
| Q3 FY2007 | 30 Sept 2007 | 1.04 | 46.59B | 45.01B |
| Q2 FY2007 | 30 Jun 2007 | 0.88 | 42.29B | 48.08B |
| Q1 FY2007 | 31 Mar 2007 | 1.15 | 42.45B | 36.76B |
| Q4 FY2006 | 31 Dec 2006 | 1.11 | 44.66B | 40.09B |
| Q3 FY2006 | 30 Sept 2006 | 1.16 | 40.67B | 34.93B |
| Q2 FY2006 | 30 Jun 2006 | 1.16 | 39.59B | 34.12B |
| Q1 FY2006 | 31 Mar 2006 | 1.25 | 41.58B | 33.27B |
| Q4 FY2005 | 31 Dec 2005 | 1.30 | 45.66B | 35.15B |
| Q3 FY2005 | 30 Sept 2005 | 1.31 | 39.14B | 29.96B |
| Q2 FY2005 | 30 Jun 2005 | 1.26 | 40.51B | 32.20B |
| Q1 FY2005 | 31 Mar 2005 | 1.22 | 41.34B | 33.82B |
| Q4 FY2004 | 31 Dec 2004 | 1.18 | 46.97B | 39.79B |
| Q3 FY2004 | 30 Sept 2004 | 1.21 | 42.43B | 35.17B |
| Q2 FY2004 | 30 Jun 2004 | 1.21 | 41.41B | 34.36B |
| Q1 FY2004 | 31 Mar 2004 | 1.20 | 42.62B | 35.39B |
| Q4 FY2003 | 31 Dec 2003 | 1.20 | 45.00B | 37.62B |
| Q3 FY2003 | 30 Sept 2003 | 1.24 | 40.57B | 32.60B |
| Q2 FY2003 | 30 Jun 2003 | 1.26 | 39.80B | 31.51B |
| Q1 FY2003 | 31 Mar 2003 | 1.25 | 39.74B | 31.79B |
| Q4 FY2002 | 31 Dec 2002 | 1.21 | 41.65B | 34.55B |
| Q3 FY2002 | 30 Sept 2002 | 1.23 | 37.32B | 30.24B |
| Q2 FY2002 | 30 Jun 2002 | 1.13 | 36.72B | 32.60B |
| Q1 FY2002 | 31 Mar 2002 | 1.24 | 37.39B | 30.08B |
| Q4 FY2001 | 31 Dec 2001 | 1.21 | 42.46B | 35.12B |
| Q3 FY2001 | 30 Sept 2001 | 1.23 | 40.31B | 32.88B |
| Q2 FY2001 | 30 Jun 2001 | 1.35 | 40.57B | 29.95B |
| Q1 FY2001 | 31 Mar 2001 | 1.28 | 41.98B | 32.90B |
| Q4 FY2000 | 31 Dec 2000 | 1.21 | 43.88B | 36.41B |
| Q3 FY2000 | 30 Sept 2000 | 1.22 | 40.04B | 32.81B |
| Q2 FY2000 | 30 Jun 2000 | 1.16 | 39.44B | 33.86B |
| Q1 FY2000 | 31 Mar 2000 | 1.10 | 39.14B | 35.61B |
| Q4 FY1999 | 31 Dec 1999 | 1.09 | 43.16B | 39.58B |
| Q3 FY1999 | 30 Sept 1999 | 1.13 | 42.88B | 37.78B |
| Q2 FY1999 | 30 Jun 1999 | 1.21 | 43.45B | 35.96B |
| Q1 FY1999 | 31 Mar 1999 | 1.20 | 39.80B | 33.28B |
| Q4 FY1998 | 31 Dec 1998 | 1.15 | 42.36B | 36.83B |
| Q3 FY1998 | 30 Sept 1998 | 1.23 | 38.80B | 31.51B |
| Q2 FY1998 | 30 Jun 1998 | 1.23 | 37.01B | 30.05B |
| Q1 FY1998 | 31 Mar 1998 | 1.25 | 37.57B | 29.99B |
| Q4 FY1997 | 31 Dec 1997 | 1.21 | 40.42B | 33.51B |
| Q3 FY1997 | 30 Sept 1997 | 1.25 | 38.19B | 30.59B |
| Q2 FY1997 | 30 Jun 1997 | 1.19 | 38.64B | 32.56B |
| Q1 FY1997 | 31 Mar 1997 | 1.19 | 37.32B | 31.24B |
| Q4 FY1996 | 31 Dec 1996 | 1.20 | 40.70B | 34.00B |
| Q3 FY1996 | 30 Sept 1996 | 1.27 | 39.38B | 31.07B |
| Q2 FY1996 | 30 Jun 1996 | 1.27 | 38.94B | 30.63B |
| Q1 FY1996 | 31 Mar 1996 | 1.28 | 38.85B | 30.33B |
| Q4 FY1995 | 31 Dec 1995 | 1.29 | 40.69B | 31.65B |
| Q3 FY1995 | 30 Sept 1995 | 1.30 | 37.64B | 29.02B |
| Q2 FY1995 | 30 Jun 1995 | 1.46 | 41.70B | 28.53B |
| Q1 FY1995 | 31 Mar 1995 | 1.47 | 41.03B | 27.89B |
| Q4 FY1994 | 31 Dec 1994 | 1.41 | 41.34B | 29.23B |
| Q3 FY1994 | 30 Sept 1994 | 1.42 | 40.15B | 28.28B |
| Q2 FY1994 | 30 Jun 1994 | 1.36 | 38.90B | 28.63B |
| Q1 FY1994 | 31 Mar 1994 | 1.25 | 39.17B | 31.38B |
| Q4 FY1993 | 31 Dec 1993 | 1.18 | 39.20B | 33.15B |
| Q3 FY1993 | 30 Sept 1993 | 1.16 | 40.25B | 34.80B |
| Q2 FY1993 | 30 Jun 1993 | 1.08 | 40.87B | 37.79B |
| Q1 FY1993 | 31 Mar 1993 | 1.09 | 39.75B | 36.37B |
| Q4 FY1992 | 31 Dec 1992 | 1.08 | 39.69B | 36.74B |
| Q3 FY1992 | 30 Sept 1992 | 1.29 | 40.14B | 31.22B |
| Q2 FY1992 | 30 Jun 1992 | 1.29 | 38.15B | 29.60B |
| Q1 FY1992 | 31 Mar 1992 | 1.24 | 38.44B | 31.08B |
| Q4 FY1991 | 31 Dec 1991 | 1.22 | 40.97B | 33.62B |
| Q3 FY1991 | 30 Sept 1991 | 1.41 | 37.85B | 26.91B |
| Q2 FY1991 | 30 Jun 1991 | 1.59 | 35.52B | 22.29B |
| Q1 FY1991 | 31 Mar 1991 | 1.64 | 37.66B | 23.02B |
| Q4 FY1990 | 31 Dec 1990 | 1.54 | 38.92B | 25.28B |
| Q3 FY1990 | 30 Sept 1990 | 1.63 | 36.53B | 22.46B |
| Q2 FY1990 | 30 Jun 1990 | 1.64 | 34.94B | 21.29B |
| Q1 FY1990 | 31 Mar 1990 | 1.65 | 34.87B | 21.13B |
| Q4 FY1989 | 31 Dec 1989 | 1.65 | 35.88B | 21.70B |
| Q3 FY1989 | 30 Sept 1989 | — | — | — |
| Q2 FY1989 | 30 Jun 1989 | — | — | — |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | 2.03 | 35.34B | 17.39B |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 2.32 | 31.02B | 13.38B |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 2.18 | 27.75B | 12.74B |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 2.28 | 26.07B | 11.43B |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Debt to equity,All ratios
Common questions about International Business Machines's current ratio
Source: Financial Modeling Prep
