Arcosa Inc (ACA)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 954,000 | 1,559,700 | 990,900 | 993,700 | 912,000 | 951,500 | 975,100 | 912,900 | 856,800 | 922,800 | 871,300 | 841,600 | 767,900 | 810,900 | 784,000 | 697,800 | 664,900 | 740,600 | 705,900 | 772,000 |
| Total current liabilities | US$ in thousands | 516,000 | 432,300 | 429,400 | 434,900 | 431,200 | 405,100 | 420,800 | 380,400 | 367,700 | 423,400 | 416,400 | 403,700 | 364,000 | 389,400 | 353,000 | 312,200 | 310,300 | 312,200 | 285,900 | 279,000 |
| Current ratio | 1.85 | 3.61 | 2.31 | 2.28 | 2.12 | 2.35 | 2.32 | 2.40 | 2.33 | 2.18 | 2.09 | 2.08 | 2.11 | 2.08 | 2.22 | 2.24 | 2.14 | 2.37 | 2.47 | 2.77 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $954,000K ÷ $516,000K
= 1.85
The current ratio of Arcosa Inc has shown some fluctuations over the past few years, ranging from a low of 1.85 as of December 31, 2024, to a high of 3.61 as of September 30, 2024. The current ratio measures the company's ability to meet its short-term obligations using its current assets. Generally, a current ratio above 1 indicates that a company has more current assets than current liabilities, suggesting it can easily cover its short-term debts.
During the period under review, Arcosa Inc's current ratio has remained mostly above 2, indicating a healthy liquidity position. However, the ratio did exhibit some volatility, with notable decreases in the ratio towards the end of 2024. This decline may signal a potential strain on the company's ability to meet its short-term obligations with its current assets.
It is essential for Arcosa Inc to closely monitor its current ratio and ensure it maintains a balance between current assets and current liabilities to sustain its liquidity position and financial stability in the long run. Further analysis of the underlying components of current assets and liabilities would be beneficial in understanding the factors driving the fluctuations in the current ratio.
Peer comparison
Dec 31, 2024