JMKE (Jersey Mike's Subs) Current Ratio: 1.82 (As of Jun. 2026) — 58% Below Median

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JMKE Jersey Mike's Subs Inc JMKE
16 GF Score
Price $19.98
! 3 Warning Signs
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What is Jersey Mike's Subs Current Ratio?

Jersey Mike's Subs JMKE -0.75% 16 Current Ratio is 1.82 as of Jun. 2026, which is 58% below its 10-year median of 4.38. GuruFocus rates JMKE with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 365 Restaurants companies, Jersey Mike's Subs ranks better than 84.11% 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. Jersey Mike's Subs's current ratio for the quarter that ended in Jun. 2026 was 1.82.

Jersey Mike's Subs has a current ratio of 1.82. It generally indicates good short-term financial strength.

The historical rank and industry rank for Jersey Mike's Subs's Current Ratio or its related term are showing as below:

JMKE' s Current Ratio Range Over the Past 10 Years
Min: 2.02   Med: 4.38   Max: 6.73
Current: 2.02

During the past 3 years, Jersey Mike's Subs's highest Current Ratio was 6.73. The lowest was 2.02. And the median was 4.38.

JMKE's Current Ratio is ranked better than
84.11% of 365 companies
in the Restaurants industry
Industry Median: 1.04 vs JMKE: 2.02

Jersey Mike's Subs  (NYSE:JMKE) 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.


Jersey Mike's Subs Current Ratio Related Terms


Jersey Mike's Subs Current Ratio Historical Data

* Premium members only.

The historical data trend for Jersey Mike's Subs'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.

Jersey Mike's Subs Current Ratio Chart

Jersey Mike's Subs Annual Data
Trend Dec23 Dec24 Dec25
Current Ratio
0.00 6.73 2.02

Jersey Mike's Subs Quarterly Data
Mar25 Jun25 Mar26 Jun26
Current Ratio 0.00 0.00 1.51 1.82

JMKE vs CAKE, BROS, WING: Current Ratio Comparison

For the Restaurants subindustry, Jersey Mike's Subs'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.


Jersey Mike's Subs Current Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jersey Mike's Subs's Current Ratio distribution charts can be found below:

* The bar in red indicates where Jersey Mike's Subs's Current Ratio falls into.


JMKE
16GF Score
Jersey Mike's Subs Inc JMKE
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jersey Mike's Subs Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Jersey Mike's Subs's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=305/151
=2.02

Jersey Mike's Subs's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=319/175
=1.82

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.82 mean?
Jersey Mike's Subs (JMKE) has a Current Ratio of 1.82 as of Jun. 2026. This is 58% below median its historical median of 4.38. Over the past decade, Jersey Mike's Subs' Current Ratio has ranged from 2.02 to 6.73. According to the industry distribution chart, Jersey Mike's Subs ranks #58 out of 365 companies in the Restaurants industry, placing it in the top 15.9%.
Is Jersey Mike's Subs' Current Ratio too high?
Jersey Mike's Subs' current Current Ratio of 1.82 is 58% below median its 10-year median of 4.38. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 6.73. The Restaurants industry median Current Ratio is 1.04. Jersey Mike's Subs' value of 1.82 is 75% above this industry median. Based on the distribution chart, Jersey Mike's Subs ranks #58 out of 365 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Jersey Mike's Subs has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Jersey Mike's Subs' Current Ratio compare to CAKE and BROS?
According to the Restaurants industry distribution chart, Jersey Mike's Subs ranks #58 out of 365 companies for Current Ratio. This places Jersey Mike's Subs in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.04. Jersey Mike's Subs' value of 1.82 is 75% above this benchmark. Historically, Jersey Mike's Subs' own Current Ratio has ranged from 2.02 to 6.73 over the past decade. While the company's 10-year median is 4.38 vs. the industry median of 1.04, Jersey Mike's Subs 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 Restaurants company?
The median Current Ratio among Restaurants companies is 1.04, based on 365 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. Jersey Mike's Subs's current Current Ratio of 1.82 is 75% 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 Restaurants industry, the median Current Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jersey Mike's Subs's current Current Ratio is 1.82, which is 58% below median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jersey Mike's Subs stock overvalued right now?
Jersey Mike's Subs (JMKE) has a current Current Ratio of 1.82. The current Current Ratio is 1.82, which is 58% below median its 10-year median of 4.38 and 75% above the Restaurants industry median of 1.04. Jersey Mike's Subs' overall GF Score™ is 16/100 with 3 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 Jersey Mike's Subs (JMKE), the current Current Ratio is 1.82 as of Jun. 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.
16GF Score

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