Honeywell AerospaceHONA +2.94%15 Current Ratio is 1.62 as of Mar. 2026, which is 23% above its 10-year median of 1.32. GuruFocus rates HONA with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 358 Aerospace & Defense companies, Honeywell Aerospace ranks worse than 60.61% 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. Honeywell Aerospace's current ratio for the quarter that ended in Mar. 2026 was 1.62.
Honeywell Aerospace has a current ratio of 1.62. It generally indicates good short-term financial strength.
The historical rank and industry rank for Honeywell Aerospace's Current Ratio or its related term are showing as below:
HONA'
s Current Ratio Range Over the Past 10 Years
Min: 1.28 Med: 1.32 Max: 1.62
Current: 1.62
During the past 3 years, Honeywell Aerospace's highest Current Ratio was 1.62. The lowest was 1.28. And the median was 1.32.
HONA's Current Ratio is ranked worse than 60.61% of 358
companies
in the Aerospace & Defense industry
Industry Median: 1.92
vs HONA: 1.62
Honeywell Aerospace (NAS:HONA) 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.
Honeywell Aerospace Current Ratio Related Terms
Honeywell Aerospace Current Ratio Historical Data
* Premium members only.
The historical data trend for Honeywell Aerospace'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.
Honeywell Aerospace Current Ratio Chart
Honeywell Aerospace Annual Data
Trend
Dec23
Dec24
Dec25
Current Ratio
0.00
1.32
1.28
Honeywell Aerospace Quarterly Data
Dec24
Mar25
Dec25
Mar26
Current Ratio
1.32
0.00
1.28
1.62
HONA vs NOC, TDG, LHX: Current Ratio Comparison
For the Aerospace & Defense subindustry, Honeywell Aerospace'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.
Honeywell Aerospace Current Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Honeywell Aerospace's Current Ratio distribution charts can be found below:
* The bar in red indicates where Honeywell Aerospace'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.
Honeywell Aerospace (HONA) has a Current Ratio of 1.62 as of Mar. 2026. This is 23% above median its historical median of 1.32. Over the past decade, Honeywell Aerospace's Current Ratio has ranged from 1.28 to 1.62. According to the industry distribution chart, Honeywell Aerospace ranks #217 out of 358 companies in the Aerospace & Defense industry, placing it in the top 60.6%.
Is Honeywell Aerospace's Current Ratio too high?
Honeywell Aerospace's current Current Ratio of 1.62 is 23% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 1.62. The Aerospace & Defense industry median Current Ratio is 1.92. Honeywell Aerospace's value of 1.62 is 15.6% below this industry median. Based on the distribution chart, Honeywell Aerospace ranks #217 out of 358 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Honeywell Aerospace has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Honeywell Aerospace's Current Ratio compare to NOC and TDG?
According to the Aerospace & Defense industry distribution chart, Honeywell Aerospace ranks #217 out of 358 companies for Current Ratio. This places Honeywell Aerospace in the lower half of its industry. The industry median Current Ratio is 1.92. Honeywell Aerospace's value of 1.62 is 15.6% below this benchmark. Historically, Honeywell Aerospace's own Current Ratio has ranged from 1.28 to 1.62 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.92, Honeywell Aerospace has consistently been below 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 an Aerospace & Defense company?
The median Current Ratio among Aerospace & Defense companies is 1.92, based on 358 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. Honeywell Aerospace's current Current Ratio of 1.62 is 15.6% below 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 Aerospace & Defense industry, the median Current Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Aerospace's current Current Ratio is 1.62, which is 23% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Aerospace stock overvalued right now?
Honeywell Aerospace (HONA) has a current Current Ratio of 1.62. The current Current Ratio is 1.62, which is 23% above median its 10-year median of 1.32 and 15.6% below the Aerospace & Defense industry median of 1.92. Honeywell Aerospace's overall GF Score™ is 15/100 with 4 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 Honeywell Aerospace (HONA), the current Current Ratio is 1.62 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.
Honeywell Aerospace Inc operates as an aerospace and defense supplier of systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Its products support original equipment manufacturer (OEM), government, defense prime contractor, and aircraft operator customers across the Commercial Air Transport, Business Aviation, and Defense and Space end markets. The company has three operating segments: Electronic Solutions (ES), Engines & Power Systems (E&PS), and Control Systems (CS ). The majority of revenue is derived from the Electronic Solutions segment, which offers Avionics, Navigation and Sensors, Electromagnetic Defensive Solutions, and Space systems. Geographically, the maximum revenue is generated from the United States.
15GF Score
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