Coinbase Global (XSWX:COIN) Current Ratio: 2.14 (As of Mar. 2026) — 46% Above Median


XSWX:COIN Coinbase Global Inc XSWX:COIN
60 GF Score
Price CHF120.05
GF Value CHF190.94
Valuation Possible Value Trap
! 9 Warning Signs
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What is Coinbase Global Current Ratio?

Coinbase Global XSWX:COIN 60 Current Ratio is 2.14 as of Mar. 2026, which is 46% above its 10-year median of 1.47. GuruFocus rates XSWX:COIN with a GF Score™ of 60/100 and a GF Value™ of CHF190.94 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 690 Capital Markets companies, Coinbase Global ranks worse than 51.88% 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. Coinbase Global's current ratio for the quarter that ended in Mar. 2026 was 2.14.

Coinbase Global has a current ratio of 2.14. It generally indicates good short-term financial strength.

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

XSWX:COIN' s Current Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.47   Max: 2.52
Current: 2.14

During the past 7 years, Coinbase Global's highest Current Ratio was 2.52. The lowest was 1.02. And the median was 1.47.

XSWX:COIN's Current Ratio is ranked worse than
51.88% of 690 companies
in the Capital Markets industry
Industry Median: 2.35 vs XSWX:COIN: 2.14

Coinbase Global  (XSWX:COIN) 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.


Coinbase Global Current Ratio Related Terms


Coinbase Global Current Ratio Historical Data

* Premium members only.

The historical data trend for Coinbase Global'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.

Coinbase Global Current Ratio Chart

Coinbase Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 1.61 1.07 2.07 2.28 2.34

Coinbase Global 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 2.52 2.13 2.40 2.34 2.14

XSWX:COIN vs MSCI, NDAQ, CBOE: Current Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Coinbase Global'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.


Coinbase Global Current Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coinbase Global's Current Ratio distribution charts can be found below:

* The bar in red indicates where Coinbase Global's Current Ratio falls into.


XSWX:COIN
60GF Score
Coinbase Global Inc XSWX:COIN
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Coinbase Global 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.

Coinbase Global'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 )
=16247.552/6934.052
=2.34

Coinbase Global'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 )
=15493.914/7235.988
=2.14

* 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 2.14 mean?
Coinbase Global (XSWX:COIN) has a Current Ratio of 2.14 as of Mar. 2026. This is 46% above median its historical median of 1.47. Over the past decade, Coinbase Global's Current Ratio has ranged from 1.02 to 2.52. According to the industry distribution chart, Coinbase Global ranks #358 out of 690 companies in the Capital Markets industry, placing it in the top 51.9%.
Is Coinbase Global's Current Ratio too high?
Coinbase Global's current Current Ratio of 2.14 is 46% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.52. The Capital Markets industry median Current Ratio is 2.35. Coinbase Global's value of 2.14 is 8.9% below this industry median. Based on the distribution chart, Coinbase Global ranks #358 out of 690 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Coinbase Global has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Coinbase Global's Current Ratio compare to MSCI and NDAQ?
According to the Capital Markets industry distribution chart, Coinbase Global ranks #358 out of 690 companies for Current Ratio. This places Coinbase Global in the lower half of its industry. The industry median Current Ratio is 2.35. Coinbase Global's value of 2.14 is 8.9% below this benchmark. Historically, Coinbase Global's own Current Ratio has ranged from 1.02 to 2.52 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 2.35, Coinbase Global 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 Capital Markets company?
The median Current Ratio among Capital Markets companies is 2.35, based on 690 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. Coinbase Global's current Current Ratio of 2.14 is 8.9% 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 Capital Markets industry, the median Current Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coinbase Global's current Current Ratio is 2.14, which is 46% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coinbase Global stock overvalued right now?
Based on GuruFocus' analysis, Coinbase Global (XSWX:COIN) is currently considered Possible Value Trap. The stock's GF Value™ is CHF190.94, compared to a current price of CHF120.05 — trading 37.1% below its estimated fair value. The current Current Ratio is 2.14, which is 46% above median its 10-year median of 1.47 and 8.9% below the Capital Markets industry median of 2.35. Coinbase Global's overall GF Score™ is 60/100 with 9 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 Coinbase Global (XSWX:COIN), the current Current Ratio is 2.14 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 Coinbase Global (XSWX:COIN) Overvalued in 2026?

Based on GuruFocus' analysis, Coinbase Global stock appears to be undervalued. The current stock price of CHF120.05 is trading 37.1% below its estimated GF Value™ of CHF190.94. GuruFocus considers Coinbase Global to be Possible Value Trap.

Key valuation signals for XSWX:COIN:

  • Current Ratio: 2.14 (46% above median its 10-year median of 1.47)
  • GF Value™: CHF190.94 vs. price of CHF120.05 (37.1% below fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 8.9% below the Capital Markets median (#358 of 690)

No single metric tells the full story. See the XSWX:COIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coinbase Global Business Description

Address One Madison Avenue, Suite 2400, New York, NY, USA, 10010
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
60GF Score

Get the complete analysis for XSWX:COIN

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF120.05
Price
CHF190.94
GF Value