National Presto IndustriesNPK +0.80%76 Current Ratio is 5.88 as of Mar. 2026, which is 4% below its 10-year median of 6.15. GuruFocus rates NPK with a GF Score™ of 76/100 and a GF Value™ of $121.70 (Fairly Valued). The stock has 3 warning signs investors should review. Among 357 Aerospace & Defense companies, National Presto Industries ranks better than 89.36% 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. National Presto Industries's current ratio for the quarter that ended in Mar. 2026 was 5.88.
National Presto Industries has a current ratio of 5.88. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for National Presto Industries's Current Ratio or its related term are showing as below:
NPK'
s Current Ratio Range Over the Past 10 Years
Min: 3.53 Med: 6.15 Max: 8.6
Current: 5.88
During the past 13 years, National Presto Industries's highest Current Ratio was 8.60. The lowest was 3.53. And the median was 6.15.
NPK's Current Ratio is ranked better than 89.36% of 357
companies
in the Aerospace & Defense industry
Industry Median: 1.93
vs NPK: 5.88
National Presto Industries (NYSE:NPK) 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.
National Presto Industries Current Ratio Related Terms
National Presto Industries Current Ratio Historical Data
* 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.
For the Aerospace & Defense subindustry, National Presto Industries'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.
National Presto Industries Current Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, National Presto Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where National Presto Industries'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.
National Presto Industries (NPK) has a Current Ratio of 5.88 as of Mar. 2026. This is near median its historical median of 6.15. Over the past decade, National Presto Industries' Current Ratio has ranged from 3.53 to 8.60. According to the industry distribution chart, National Presto Industries ranks #38 out of 357 companies in the Aerospace & Defense industry, placing it in the top 10.6%.
Is National Presto Industries' Current Ratio too high?
National Presto Industries' current Current Ratio of 5.88 is near median its 10-year median of 6.15. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 8.60. The Aerospace & Defense industry median Current Ratio is 1.93. National Presto Industries' value of 5.88 is 204.7% above this industry median. Based on the distribution chart, National Presto Industries ranks #38 out of 357 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, National Presto Industries has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Presto Industries' Current Ratio compare to MRLN and EH?
According to the Aerospace & Defense industry distribution chart, National Presto Industries ranks #38 out of 357 companies for Current Ratio. This places National Presto Industries in the top 11% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.93. National Presto Industries' value of 5.88 is 204.7% above this benchmark. Historically, National Presto Industries' own Current Ratio has ranged from 3.53 to 8.60 over the past decade. While the company's 10-year median is 6.15 vs. the industry median of 1.93, National Presto Industries 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 an Aerospace & Defense company?
The median Current Ratio among Aerospace & Defense companies is 1.93, based on 357 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. National Presto Industries's current Current Ratio of 5.88 is 204.7% 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 Aerospace & Defense industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Presto Industries's current Current Ratio is 5.88, which is near median its own 10-year median of 6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Presto Industries stock overvalued right now?
Based on GuruFocus' analysis, National Presto Industries (NPK) is currently considered Fairly Valued. The stock's GF Value™ is $121.70, compared to a current price of $127.00 — trading 4.4% above its estimated fair value. The current Current Ratio is 5.88, which is near median its 10-year median of 6.15 and 204.7% above the Aerospace & Defense industry median of 1.93. National Presto Industries' overall GF Score™ is 76/100 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 National Presto Industries (NPK), the current Current Ratio is 5.88 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 National Presto Industries (NPK) Overvalued in 2026?
Based on GuruFocus' analysis, National Presto Industries stock appears to be overvalued.
The current stock price of $127.00 is trading 4.4% above its estimated GF Value™ of $121.70.
GuruFocus considers National Presto Industries to be Fairly Valued.
Key valuation signals for NPK:
Current Ratio: 5.88 (near median its 10-year median of 6.15)
GF Value™: $121.70 vs. price of $127.00 (4.4% above fair value)
Industry Position: 204.7% above the Aerospace & Defense median (#38 of 357)
No single metric tells the full story. See the NPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Presto Industries Inc has an electric product portfolio consisting of household appliances, ammunition, and diapers. The company operates in three segments, namely Defense, Housewares/Small Appliance, and Safety. The defense segment, which is engaged in manufacturing 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases, performs Load, Assemble, and Pack (LAP) operations on ordnance-related products for the U.S. Government and prime contractor. While the Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, the safety segment provides safety technology empowering organizations and individuals to protect what is more important.
76GF Score
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