Citrix Systems (LTS:0HYR) Current Ratio: 0.82 (As of Jun. 2022) — 38% Below Median

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What is Citrix Systems Current Ratio?

Citrix Systems LTS:0HYR 4 Current Ratio is 0.82 as of Jun. 2022, which is 38% below its 10-year median of 1.32. GuruFocus rates LTS:0HYR with a GF Score™ of 4/100. The stock has 6 warning signs investors should review.

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. Citrix Systems's current ratio for the quarter that ended in Jun. 2022 was 0.82.

Citrix Systems has a current ratio of 0.82. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Citrix Systems has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Citrix Systems's Current Ratio or its related term are showing as below:

LTS:0HYR' s Current Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.32   Max: 24.87
Current: 0.82

During the past 13 years, Citrix Systems's highest Current Ratio was 24.87. The lowest was 0.66. And the median was 1.32.

LTS:0HYR's Current Ratio is not ranked
in the Software industry.
Industry Median: 1.77 vs LTS:0HYR: 0.82

Citrix Systems  (LTS:0HYR) 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.


Citrix Systems Current Ratio Related Terms


Citrix Systems Current Ratio Historical Data

* Premium members only.

The historical data trend for Citrix Systems'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.

Citrix Systems Current Ratio Chart

Citrix Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 0.72 0.83 0.93 0.73

Citrix Systems Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.66 0.73 0.74 0.82

LTS:0HYR vs SSNC, BILL, TYL: Current Ratio Comparison

For the Software - Application subindustry, Citrix Systems'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.


Citrix Systems Current Ratio vs Software Industry

For the Software industry and Technology sector, Citrix Systems's Current Ratio distribution charts can be found below:

* The bar in red indicates where Citrix Systems's Current Ratio falls into.



Citrix Systems 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.

Citrix Systems's Current Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Current Ratio (A: Dec. 2021 )=Total Current Assets (A: Dec. 2021 )/Total Current Liabilities (A: Dec. 2021 )
=1718.985/2354.071
=0.73

Citrix Systems's Current Ratio for the quarter that ended in Jun. 2022 is calculated as

Current Ratio (Q: Jun. 2022 )=Total Current Assets (Q: Jun. 2022 )/Total Current Liabilities (Q: Jun. 2022 )
=1897.835/2307.273
=0.82

* 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 0.82 mean?
Citrix Systems (LTS:0HYR) has a Current Ratio of 0.82 as of Jun. 2022. This is 38% below median its historical median of 1.32. Over the past decade, Citrix Systems' Current Ratio has ranged from 0.66 to 24.87.
Is Citrix Systems' Current Ratio too high?
Citrix Systems' current Current Ratio of 0.82 is 38% below median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 24.87. The Software industry median Current Ratio is 1.77. Citrix Systems' value of 0.82 is 53.7% below this industry median. Overall, Citrix Systems has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Citrix Systems' Current Ratio compare to SSNC and BILL?
Citrix Systems' Current Ratio of 0.82 can be compared against companies in the Software industry. The industry median Current Ratio is 1.77. Citrix Systems' value of 0.82 is 53.7% below this benchmark. Historically, Citrix Systems' own Current Ratio has ranged from 0.66 to 24.87 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.77, Citrix Systems 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 a Software company?
The median Current Ratio among Software companies is 1.77, based on 2,875 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. Citrix Systems's current Current Ratio of 0.82 is 53.7% 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 Software industry, the median Current Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citrix Systems's current Current Ratio is 0.82, which is 38% below 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 Citrix Systems stock overvalued right now?
Citrix Systems (LTS:0HYR) has a current Current Ratio of 0.82. The current Current Ratio is 0.82, which is 38% below median its 10-year median of 1.32 and 53.7% below the Software industry median of 1.77. Citrix Systems' overall GF Score™ is 4/100 with 6 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 Citrix Systems (LTS:0HYR), the current Current Ratio is 0.82 as of Jun. 2022. 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.

Citrix Systems Business Description

Address 851 West Cypress Creek Road, Fort Lauderdale, FL, USA, 33309
Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.