Autoliv Inc (ALV)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	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	3,002,100	2,908,800	3,052,200	3,111,100
Total current liabilities	US$ in thousands	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	3,147,000	3,221,300	2,152,000	2,226,200	2,410,200	2,304,800	2,418,400	2,738,500
Current ratio		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	1.25	1.26	1.26	1.14

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,974,000K ÷ $4,035,000K
= 0.98

Autoliv Inc.'s current ratio has shown fluctuations in recent quarters. The current ratio measures the company's ability to meet its short-term obligations using its current assets. A current ratio of less than 1 indicates that the company may have difficulty meeting its short-term liabilities with its current assets alone. Autoliv's current ratio has been below 1 in the most recent quarter, indicating potential liquidity concerns. This could be a cause for further investigation into the company's financial health and ability to meet its short-term obligations. Additionally, the downward trend in the current ratio over the past few quarters raises concerns about the company's liquidity position and may require management's attention to address any potential liquidity risks.