Arcosa Inc (ACA)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 954,000 | 912,000 | 856,800 | 767,900 | 664,900 |
| Total current liabilities | US$ in thousands | 516,000 | 431,200 | 367,700 | 364,000 | 310,300 |
| Current ratio | 1.85 | 2.12 | 2.33 | 2.11 | 2.14 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $954,000K ÷ $516,000K
= 1.85
The current ratio for Arcosa Inc has shown stability and strength over the past five years. The ratio peaked at 2.33 on December 31, 2022, indicating that the company had $2.33 in current assets to cover each dollar of current liabilities. This demonstrates the company's ability to meet its short-term obligations comfortably. Although there was a slight decline in the current ratio to 1.85 on December 31, 2024, it still remains above 1, indicating that Arcosa Inc continues to have sufficient current assets to cover its current liabilities. Overall, the company's current ratio suggests a healthy liquidity position and the ability to manage its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024