ACI Worldwide Inc (ACIW)
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 | 990,822 | 1,085,600 | 1,381,210 | 1,298,600 | 1,403,340 | 1,226,710 | 1,028,500 | 954,036 | 1,114,800 | 1,210,960 | 1,045,800 | 1,009,730 | 937,434 | 1,011,540 | 985,230 | 956,252 | 1,154,910 | 870,331 | 852,407 | 806,446 |
| Total current liabilities | US$ in thousands | 602,628 | 697,294 | 1,044,120 | 948,820 | 1,037,250 | 945,630 | 781,866 | 700,910 | 858,842 | 997,974 | 845,002 | 813,612 | 754,155 | 803,485 | 766,459 | 716,119 | 905,605 | 590,182 | 580,459 | 556,356 |
| Current ratio | 1.64 | 1.56 | 1.32 | 1.37 | 1.35 | 1.30 | 1.32 | 1.36 | 1.30 | 1.21 | 1.24 | 1.24 | 1.24 | 1.26 | 1.29 | 1.34 | 1.28 | 1.47 | 1.47 | 1.45 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $990,822K ÷ $602,628K
= 1.64
The current ratio of ACI Worldwide Inc has shown some fluctuation over the past few years, ranging from a low of 1.24 to a high of 1.64. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a positive sign.
The trend in ACI Worldwide Inc's current ratio shows a slight decline towards the end of 2023, with a subsequent increase in the ratio in the last two quarters of 2024. This improvement suggests that the company may have strengthened its liquidity position and ability to meet its short-term obligations. However, the ratio still remains within a relatively narrow range, indicating a stable liquidity position overall.
Overall, while the current ratio of ACI Worldwide Inc has experienced some fluctuations, it has generally remained above 1, indicating a satisfactory ability to meet short-term obligations with current assets. It is important for investors and stakeholders to continue monitoring this ratio to gauge the company's liquidity and financial health.
Peer comparison
Dec 31, 2024