Adobe Systems Incorporated (ADBE)
Current ratio
| Feb 28, 2025 | Nov 30, 2024 | Nov 29, 2024 | Aug 31, 2024 | Aug 30, 2024 | May 31, 2024 | Mar 1, 2024 | Feb 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Sep 1, 2023 | Aug 31, 2023 | Jun 2, 2023 | May 31, 2023 | Mar 3, 2023 | Feb 28, 2023 | Dec 2, 2022 | Nov 30, 2022 | Sep 2, 2022 | Aug 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 10,855,000 | 11,232,000 | 11,232,000 | 10,716,000 | 10,716,000 | 11,023,000 | 10,008,000 | 10,008,000 | 11,084,000 | 11,084,000 | 10,410,000 | 10,410,000 | 9,274,000 | 9,274,000 | 8,342,000 | 8,342,000 | 8,996,000 | 8,996,000 | 8,489,000 | 8,489,000 |
| Total current liabilities | US$ in thousands | 9,163,000 | 10,521,000 | 10,521,000 | 9,644,000 | 9,644,000 | 9,474,000 | 9,537,000 | 9,537,000 | 8,251,000 | 8,251,000 | 8,334,000 | 8,334,000 | 8,019,000 | 8,019,000 | 7,437,000 | 7,437,000 | 8,128,000 | 8,128,000 | 7,438,000 | 7,438,000 |
| Current ratio | 1.18 | 1.07 | 1.07 | 1.11 | 1.11 | 1.16 | 1.05 | 1.05 | 1.34 | 1.34 | 1.25 | 1.25 | 1.16 | 1.16 | 1.12 | 1.12 | 1.11 | 1.11 | 1.14 | 1.14 |
February 28, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $10,855,000K ÷ $9,163,000K
= 1.18
The current ratio of Adobe Systems Incorporated has fluctuated over the past few periods, ranging from 1.05 to 1.34. As of February 28, 2025, the current ratio stands at 1.18, indicating that the company has $1.18 in current assets for every $1 of current liabilities.
A current ratio above 1 suggests that Adobe has more than enough current assets to cover its current liabilities, which is generally a positive sign of liquidity and short-term financial health. However, it's important to note that a very high current ratio may indicate an inefficient use of assets, while a very low ratio could signal potential liquidity issues.
In the case of Adobe Systems, the current ratio has generally remained within a reasonable range, reflecting a healthy balance between current assets and liabilities. Continued monitoring of this ratio will be essential to ensure that the company maintains an appropriate level of liquidity to meet its short-term obligations.
Peer comparison
Feb 28, 2025