Air Products and Chemicals Total Current Assets decreased by 1.8% to $5.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.4%, from $5.19B to $5.01B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows a downward trend with a -7.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
total_current_assets| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.38B | $8.38B | $6.48B | $6.25B | $6.37B | $6.28B | $6.32B | $5.72B | $5.35B | $5.20B | $5.65B | $6.06B | $5.68B | $6.36B | $5.35B | $5.19B | $6.15B | $5.83B | $5.10B | $5.01B |
| QoQ Change | — | -0.0% | -22.6% | -3.6% | +1.9% | -1.3% | +0.6% | -9.5% | -6.4% | -2.9% | +8.6% | +7.2% | -6.3% | +12.1% | -15.9% | -3.1% | +18.5% | -5.2% | -12.4% | -1.8% |
| YoY Change | — | — | — | — | -24.0% | -25.0% | -2.5% | -8.4% | -15.9% | -17.2% | -10.6% | +5.9% | +6.0% | +22.4% | -5.3% | -14.4% | +8.3% | -8.4% | -4.6% | -3.4% |