Callaway Golf CoFRA:CLY +3.51%72 Current Ratio is 2.28 as of Mar. 2026, which is 29% above its 10-year median of 1.77. GuruFocus rates FRA:CLY with a GF Score™ of 72/100 and a GF Value™ of €10.38 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 858 Travel & Leisure companies, Callaway Golf Co ranks better than 71.68% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Callaway Golf Co's current ratio for the quarter that ended in Mar. 2026 was 2.28.
Callaway Golf Co has a current ratio of 2.28. It generally indicates good short-term financial strength.
The historical rank and industry rank for Callaway Golf Co's Current Ratio or its related term are showing as below:
FRA:CLY'
s Current Ratio Range Over the Past 10 Years
Min: 1.21 Med: 1.77 Max: 2.98
Current: 2.28
During the past 13 years, Callaway Golf Co's highest Current Ratio was 2.98. The lowest was 1.21. And the median was 1.77.
FRA:CLY's Current Ratio is ranked better than 71.68% of 858
companies
in the Travel & Leisure industry
Industry Median: 1.375
vs FRA:CLY: 2.28
Callaway Golf Co (FRA:CLY) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Callaway Golf Co Current Ratio Related Terms
Callaway Golf Co Current Ratio Historical Data
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The historical data trend for Callaway Golf Co's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:CLY vs YETI, OSW, MAT: Current Ratio Comparison
For the Leisure subindustry, Callaway Golf Co's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Callaway Golf Co Current Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Callaway Golf Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Callaway Golf Co's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Callaway Golf Co (FRA:CLY) has a Current Ratio of 2.28 as of Mar. 2026. This is 29% above median its historical median of 1.77. Over the past decade, Callaway Golf Co's Current Ratio has ranged from 1.21 to 2.98. According to the industry distribution chart, Callaway Golf Co ranks #243 out of 858 companies in the Travel & Leisure industry, placing it in the top 28.3%.
Is Callaway Golf Co's Current Ratio too high?
Callaway Golf Co's current Current Ratio of 2.28 is 29% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.98. The Travel & Leisure industry median Current Ratio is 1.38. Callaway Golf Co's value of 2.28 is 65.8% above this industry median. Based on the distribution chart, Callaway Golf Co ranks #243 out of 858 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Callaway Golf Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Callaway Golf Co's Current Ratio compare to YETI and OSW?
According to the Travel & Leisure industry distribution chart, Callaway Golf Co ranks #243 out of 858 companies for Current Ratio. This puts Callaway Golf Co in the upper half of its industry. The industry median Current Ratio is 1.38. Callaway Golf Co's value of 2.28 is 65.8% above this benchmark. Historically, Callaway Golf Co's own Current Ratio has ranged from 1.21 to 2.98 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.38, Callaway Golf Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Travel & Leisure company?
The median Current Ratio among Travel & Leisure companies is 1.38, based on 858 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Callaway Golf Co's current Current Ratio of 2.28 is 65.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median Current Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Callaway Golf Co's current Current Ratio is 2.28, which is 29% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Callaway Golf Co stock overvalued right now?
Based on GuruFocus' analysis, Callaway Golf Co (FRA:CLY) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.38, compared to a current price of €16.80 — trading 61.8% above its estimated fair value. The current Current Ratio is 2.28, which is 29% above median its 10-year median of 1.77 and 65.8% above the Travel & Leisure industry median of 1.38. Callaway Golf Co's overall GF Score™ is 72/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Callaway Golf Co (FRA:CLY), the current Current Ratio is 2.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Callaway Golf Co (FRA:CLY) Overvalued in 2026?
Based on GuruFocus' analysis, Callaway Golf Co stock appears to be overvalued.
The current stock price of €16.80 is trading 61.8% above its estimated GF Value™ of €10.38.
GuruFocus considers Callaway Golf Co to be Significantly Overvalued.
Key valuation signals for FRA:CLY:
Current Ratio: 2.28 (29% above median its 10-year median of 1.77)
GF Value™: €10.38 vs. price of €16.80 (61.8% above fair value)
Industry Position: 65.8% above the Travel & Leisure median (#243 of 858)
No single metric tells the full story. See the FRA:CLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Callaway Golf Co is a golf equipment, gear and apparel company with a portfolio of world-wide brands, including Callaway Golf, Odyssey, TravisMathew, and OGIO. Callaway designs, manufactures, and sells high-performance golf clubs, golf balls, apparel, bags, and other accessories-setting the standard for performance in the game of golf. The company has two operating and reportable business segments: Golf Equipment and Apparel, Gear and Other. Geographically, the company operates in United States, Europe, Asia, and Rest of World, of which it derives maximum revenue from United States.
72GF Score
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