INTERNATIONAL BUSINESS MACHINES CORP (IBM) Current Ratio
- Current ratio · latest quarter: Value 0.79×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 0.79× | Current assets / current liabilities. $28.40B ÷ $35.91B ≈ 0.79× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 28.40B USD | Assets, Current |
| Current obligations | 35.91B USD | Liabilities, Current |
| Cash and equivalents | 7.17B USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | Marketable Securities, Current · Debt Securities, Available-for-sale, Current |
| Customer receivables | 6.04B USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | 1.75B USD | Inventory, Net |
| Payables | 4.39B USD | Accounts Payable, Current |
| Borrowing debt due within one year | (m) | Long-term Debt, Current Maturities |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $28.40B | $35.91B | $7.17B | (m) | $6.04B | $1.75B | $4.39B | (m) | 0.79× |
| 2026-03-31 | $31.91B | $40.10B | $10.82B | (m) | $6.49B | $1.48B | $4.04B | (m) | 0.80× |
| 2025-12-31 | $36.94B | $38.66B | $13.59B | (m) | $8.11B | $1.22B | $4.76B | (m) | 0.96× |
| 2025-09-30 | $32.74B | $35.14B | $11.57B | (m) | $5.53B | $1.40B | $3.87B | (m) | 0.93× |
| 2025-06-30 | $34.25B | $37.73B | $11.94B | (m) | $5.97B | $1.25B | $3.97B | (m) | 0.91× |
| 2025-03-31 | $35.34B | $35.11B | $11.04B | (m) | $5.86B | $1.43B | $3.58B | (m) | 1.01× |
| 2024-12-31 | $34.48B | $33.14B | $13.95B | (m) | $6.80B | $1.29B | $4.03B | (m) | 1.04× |
| 2024-09-30 | $30.54B | $28.85B | $13.20B | (m) | $5.39B | $1.37B | $3.27B | (m) | 1.06× |
| 2024-06-30 | $33.30B | $29.65B | $12.21B | (m) | $5.77B | $1.23B | $3.63B | (m) | 1.12× |
| 2024-03-31 | $36.66B | $32.40B | $14.60B | (m) | $6.04B | $1.21B | $3.59B | (m) | 1.13× |
| 2023-12-31 | $32.91B | $34.12B | $13.07B | (m) | $7.21B | $1.16B | $4.13B | (m) | 0.96× |
| 2023-09-30 | $27.70B | $30.61B | $7.26B | (m) | $5.33B | $1.40B | $3.34B | (m) | 0.91× |
| 2023-06-30 | $34.46B | $32.51B | $9.39B | (m) | $5.67B | $1.50B | $3.73B | (m) | 1.06× |
| 2023-03-31 | $35.98B | $30.99B | $9.34B | (m) | $5.76B | $1.60B | $3.73B | (m) | 1.16× |
| 2022-12-31 | $29.12B | $31.50B | $7.89B | (m) | $6.54B | $1.55B | $4.05B | (m) | 0.92× |
| 2022-09-30 | $29.00B | $30.47B | $7.82B | (m) | $5.53B | $1.79B | $3.81B | (m) | 0.95× |
| 2022-06-30 | $27.90B | $31.84B | $7.03B | (m) | $5.87B | $1.68B | $3.71B | (m) | 0.88× |
| 2022-03-31 | $31.33B | $34.06B | $9.93B | (m) | $5.96B | $1.78B | $3.45B | (m) | 0.92× |
| 2021-12-31 | $29.54B | $33.62B | $6.65B | (m) | $6.75B | $1.65B | $3.96B | (m) | 0.88× |
| 2021-09-30 | $29.97B | $35.83B | $7.46B | (m) | $6.61B | $1.89B | $4.25B | (m) | 0.84× |
| 2021-06-30 | $30.77B | $36.62B | $7.35B | (m) | $6.83B | $1.81B | $4.21B | (m) | 0.84× |
| 2021-03-31 | $34.04B | $36.54B | $10.53B | $600.00M | $6.46B | $1.83B | $4.14B | (m) | 0.93× |
| 2020-12-31 | $39.16B | $39.87B | $13.19B | (m) | $5.79B | $1.81B | $4.03B | (m) | 0.98× |
| 2020-09-30 | $39.84B | $37.99B | $14.39B | $1.20B | $6.10B | $1.95B | $3.98B | (m) | 1.05× |
| 2020-06-30 | $39.95B | $38.44B | $12.04B | $2.06B | $6.54B | $1.87B | $4.72B | (m) | 1.04× |
| 2020-03-31 | $38.93B | $40.67B | $11.22B | $647.00M | $6.93B | $1.79B | $4.17B | (m) | 0.96× |
| 2019-12-31 | $38.42B | $37.70B | $8.17B | $696.00M | $7.87B | $1.62B | $4.90B | (m) | 1.02× |
| 2019-09-30 | $38.12B | $35.07B | $10.09B | $733.00M | $6.75B | $1.71B | $4.04B | $5.15B | 1.09× |
| 2019-06-30 | $77.52B | $42.35B | $45.40B | $874.00M | $7.41B | $1.75B | $4.72B | $6.53B | 1.83× |
| 2019-03-31 | $52.70B | $38.87B | $17.13B | $872.00M | $6.99B | $1.77B | $5.71B | $7.11B | 1.36× |
| 2018-12-31 | $49.15B | $38.23B | $11.38B | $618.00M | $7.43B | $1.68B | $6.56B | (m) | 1.29× |
| 2018-09-30 | $48.26B | $36.82B | $11.56B | $2.93B | $7.07B | $1.89B | $5.38B | $6.77B | 1.31× |
| 2018-06-30 | $46.80B | $35.44B | $10.74B | $966.00M | $7.45B | $1.74B | $5.52B | $5.45B | 1.32× |
| 2018-03-31 | $49.12B | $35.73B | $11.95B | $893.00M | $7.78B | $1.75B | $5.74B | $3.76B | 1.37× |
| 2017-12-31 | $49.73B | $37.36B | $11.97B | $608.00M | $8.93B | $1.58B | $6.45B | $5.21B | 1.33× |
| 2017-09-30 | $44.74B | $31.70B | $10.91B | $600.00M | $8.15B | $1.71B | $5.44B | $3.89B | 1.41× |
| 2017-06-30 | $45.01B | $35.97B | $11.70B | $599.00M | $8.40B | $1.60B | $5.13B | $7.83B | 1.25× |
| 2017-03-31 | $42.89B | $36.48B | $10.10B | $599.00M | $8.38B | $1.61B | $5.32B | $8.05B | 1.18× |
| 2016-12-31 | $43.89B | $36.27B | $7.83B | $701.00M | $9.18B | $1.55B | $6.21B | $6.24B | 1.21× |
| 2016-09-30 | $41.43B | $34.45B | $9.04B | $929.00M | $8.29B | $1.73B | $5.27B | $6.56B | 1.20× |
| 2016-06-30 | $43.52B | $33.59B | $10.02B | $600.00M | $8.78B | $1.69B | $5.48B | $4.59B | 1.30× |
| 2016-03-31 | $47.62B | $34.66B | $14.35B | $515.00M | $8.53B | $1.69B | $5.30B | $5.00B | 1.37× |
| 2015-12-31 | $42.50B | $34.27B | $7.69B | $508.00M | $8.33B | $1.55B | $6.03B | $5.27B | 1.24× |
| 2015-09-30 | $42.11B | $33.73B | $9.48B | $88.00M | $7.99B | $1.61B | $5.17B | $5.29B | 1.25× |
| 2015-06-30 | $45.19B | $35.53B | $8.39B | $367.00M | $8.63B | $1.91B | $5.94B | $3.93B | 1.27× |
| 2015-03-31 | $46.32B | $35.64B | $8.80B | $8.00M | $8.81B | $1.97B | $6.31B | $4.07B | 1.30× |
| 2014-12-31 | $47.38B | $39.58B | $8.48B | $0.00 | $9.09B | $2.10B | $6.86B | $4.60B | 1.20× |
| 2014-09-30 | $47.16B | $42.31B | $9.56B | $4.00M | $9.12B | $2.36B | $5.86B | $6.07B | 1.11× |
| 2014-06-30 | $48.18B | $42.43B | $9.71B | $5.00M | $9.90B | $2.34B | $6.27B | $5.48B | 1.14× |
| 2014-03-31 | $47.96B | $41.06B | $9.41B | $295.00M | $9.68B | $2.46B | $6.87B | (m) | 1.17× |
| 2013-12-31 | $51.35B | $40.15B | $10.72B | $350.00M | $10.46B | $2.31B | $7.46B | $3.85B | 1.28× |
| 2013-09-30 | $47.53B | $39.22B | $10.07B | $160.00M | $9.87B | $2.49B | $6.26B | (m) | 1.21× |
| 2013-06-30 | $47.91B | $41.04B | $9.56B | $799.00M | $10.28B | $2.39B | $6.82B | (m) | 1.17× |
| 2013-03-31 | $48.95B | $42.12B | $10.59B | $1.41B | $10.08B | $2.42B | $7.20B | (m) | 1.16× |
| 2012-12-31 | $49.43B | $43.63B | $10.41B | $717.00M | $10.67B | $2.29B | $7.95B | $5.59B | 1.13× |
| 2012-09-30 | $48.14B | $39.50B | $11.91B | $345.00M | $9.77B | $2.59B | $7.08B | (m) | 1.22× |
| 2012-06-30 | $47.39B | $38.90B | $10.86B | $323.00M | $10.17B | $2.76B | $7.48B | (m) | 1.22× |
| 2012-03-31 | $48.85B | $38.21B | $11.84B | $500.00M | $10.01B | $2.75B | $7.42B | (m) | 1.28× |
| 2011-12-31 | $50.93B | $42.12B | $11.92B | $0.00 | $11.18B | $2.60B | $8.52B | $4.31B | 1.21× |
| 2011-09-30 | $45.37B | $36.03B | $11.30B | (m) | $9.72B | $2.66B | $7.09B | (m) | 1.26× |
| 2011-06-30 | $46.94B | $39.84B | $11.71B | $50.00M | $10.54B | $2.57B | $7.11B | (m) | 1.18× |
| 2011-03-31 | $47.52B | $40.39B | $12.76B | $482.00M | (m) | $2.55B | $6.75B | (m) | 1.18× |
| 2010-12-31 | $48.12B | $40.56B | $10.66B | $990.00M | $10.83B | $2.45B | $7.80B | $4.02B | 1.19× |
| 2010-09-30 | $44.47B | $35.44B | $9.86B | $1.23B | (m) | $2.63B | $7.08B | (m) | 1.25× |
| 2010-06-30 | $44.90B | $34.99B | $10.32B | $1.92B | (m) | $2.60B | $7.23B | (m) | 1.28× |
| 2010-03-31 | $45.70B | $34.58B | $12.47B | $1.50B | (m) | $2.52B | $6.34B | (m) | 1.32× |
| 2009-12-31 | $48.94B | $36.00B | $12.18B | $1.79B | (m) | $2.49B | $7.44B | $2.22B | 1.36× |
| 2009-09-30 | $43.45B | $32.96B | $9.53B | $1.98B | (m) | $2.55B | $6.14B | (m) | 1.32× |
| 2009-06-30 | $44.44B | $36.43B | $11.68B | $848.00M | (m) | $2.69B | $5.87B | (m) | 1.22× |
| 2008-12-31 | $49.00B | $42.44B | $12.74B | $166.00M | (m) | $2.70B | $7.01B | (m) | 1.15× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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