NPWR (NET Power) Current Ratio: 23.82 (As of Mar. 2026) — 144% Above Median


NPWR NET Power Inc NPWR
31 GF Score
Price $1.71
! 4 Warning Signs
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What is NET Power Current Ratio?

NET Power NPWR -3.67% 31 Current Ratio is 23.82 as of Mar. 2026, which is 144% above its 10-year median of 9.77. GuruFocus rates NPWR with a GF Score™ of 31/100. The stock has 4 warning signs investors should review. Among 3,081 Industrial Products companies, NET Power ranks better than 99.12% 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. NET Power's current ratio for the quarter that ended in Mar. 2026 was 23.82.

NET Power has a current ratio of 23.82. 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 NET Power's Current Ratio or its related term are showing as below:

NPWR' s Current Ratio Range Over the Past 10 Years
Min: 0.07   Med: 9.77   Max: 121.31
Current: 23.82

During the past 5 years, NET Power's highest Current Ratio was 121.31. The lowest was 0.07. And the median was 9.77.

NPWR's Current Ratio is ranked better than
99.12% of 3081 companies
in the Industrial Products industry
Industry Median: 1.96 vs NPWR: 23.82

NET Power  (NYSE:NPWR) 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.


NET Power Current Ratio Related Terms


NET Power Current Ratio Historical Data

* Premium members only.

The historical data trend for NET Power'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.

NET Power Current Ratio Chart

NET Power Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
6.41 0.89 53.31 28.65 7.24

NET Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 23.30 9.77 16.58 7.24 23.82

NPWR vs ZJK, TAYD, HUHU: Current Ratio Comparison

For the Specialty Industrial Machinery subindustry, NET Power'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.


NET Power Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NET Power's Current Ratio distribution charts can be found below:

* The bar in red indicates where NET Power's Current Ratio falls into.


NPWR
31GF Score
NET Power Inc NPWR
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NET Power 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.

NET Power'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 )
=343.764/47.465
=7.24

NET Power's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=311.06/13.057
=23.82

* 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 23.82 mean?
NET Power (NPWR) has a Current Ratio of 23.82 as of Mar. 2026. This is 144% above median its historical median of 9.77. Over the past decade, NET Power's Current Ratio has ranged from 0.07 to 121.31. According to the industry distribution chart, NET Power ranks #27 out of 3081 companies in the Industrial Products industry, placing it in the top 0.90000000000001%.
Is NET Power's Current Ratio too high?
NET Power's current Current Ratio of 23.82 is 144% above median its 10-year median of 9.77. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 121.31. The Industrial Products industry median Current Ratio is 1.96. NET Power's value of 23.82 is 1115.3% above this industry median. Based on the distribution chart, NET Power ranks #27 out of 3081 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NET Power has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does NET Power's Current Ratio compare to ZJK and TAYD?
According to the Industrial Products industry distribution chart, NET Power ranks #27 out of 3081 companies for Current Ratio. This places NET Power in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. NET Power's value of 23.82 is 1115.3% above this benchmark. Historically, NET Power's own Current Ratio has ranged from 0.07 to 121.31 over the past decade. While the company's 10-year median is 9.77 vs. the industry median of 1.96, NET Power 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 Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,081 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. NET Power's current Current Ratio of 23.82 is 1115.3% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NET Power's current Current Ratio is 23.82, which is 144% above median its own 10-year median of 9.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NET Power stock overvalued right now?
NET Power (NPWR) has a current Current Ratio of 23.82. The current Current Ratio is 23.82, which is 144% above median its 10-year median of 9.77 and 1115.3% above the Industrial Products industry median of 1.96. NET Power's overall GF Score™ is 31/100 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 NET Power (NPWR), the current Current Ratio is 23.82 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.

NET Power Business Description

Address 320 Roney Street, Suite 200, Durham, NC, USA, 27701
NET Power Inc is a clean energy technology company that has developed a novel power generation system, which it refers to as the NET Power Cycle, designed to produce clean, reliable, and low-cost electricity from natural gas while capturing virtually all atmospheric emissions. Its business model is to license its technology to customers and enable them to build, own, and operate facilities that utilize the Net Power Cycle. The company has conducted a successful demonstration of its technology at the La Porte Demonstration Facility and is developing a utility-scale power plant in Texas named Project Permian.
31GF Score

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