Autoliv Inc (ALV)
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 | 3,483,000 | 3,865,000 | 3,703,000 | 4,011,000 | 3,974,000 | 3,879,000 | 3,898,000 | 4,061,000 | 3,714,000 | 3,587,000 | 3,285,000 | 3,923,000 | 3,675,000 | 3,710,000 | 3,804,000 | 4,399,000 | 4,269,000 | 4,036,500 | 3,382,900 | 3,307,000 |
| Total current liabilities | US$ in thousands | 3,633,000 | 4,034,000 | 3,785,000 | 3,658,000 | 4,035,000 | 3,851,000 | 3,756,000 | 3,529,000 | 3,642,000 | 3,458,000 | 3,061,000 | 3,073,000 | 2,821,000 | 2,811,000 | 2,852,000 | 3,188,000 | 3,146,900 | 3,221,300 | 2,152,000 | 2,226,200 |
| Current ratio | 0.96 | 0.96 | 0.98 | 1.10 | 0.98 | 1.01 | 1.04 | 1.15 | 1.02 | 1.04 | 1.07 | 1.28 | 1.30 | 1.32 | 1.33 | 1.38 | 1.36 | 1.25 | 1.57 | 1.49 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,483,000K ÷ $3,633,000K
= 0.96
Autoliv Inc's current ratio has shown a decreasing trend over the past few years, starting at 1.49 in March 2020 and declining to 0.96 by December 2024. 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.
The declining current ratio for Autoliv Inc may indicate a weakening liquidity position or potential difficulties in meeting its short-term obligations. A ratio below 1 suggests that the company may have difficulties in paying off its current liabilities with its current assets alone. It is important for investors and stakeholders to monitor this trend closely as it could impact the company's financial health and ability to operate effectively in the short term.
Peer comparison
Dec 31, 2024