Amgen Inc (AMGN)
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 | 30,332,000 | 48,477,000 | 47,380,000 | 44,703,000 | 22,186,000 | 24,062,000 | 19,322,000 | 18,520,000 | 19,385,000 | 24,380,000 | 19,099,000 | 21,299,000 | 21,144,000 | 22,661,000 | 22,895,000 | 18,813,000 | 18,440,000 | 31,051,000 | 30,746,000 | 35,151,000 |
| Total current liabilities | US$ in thousands | 18,392,000 | 16,954,000 | 17,097,000 | 14,215,000 | 15,687,000 | 14,331,000 | 12,618,000 | 12,886,000 | 12,184,000 | 14,842,000 | 14,585,000 | 12,869,000 | 11,653,000 | 9,953,000 | 10,523,000 | 11,827,000 | 12,835,000 | 10,737,000 | 10,622,000 | 12,706,000 |
| Current ratio | 1.65 | 2.86 | 2.77 | 3.14 | 1.41 | 1.68 | 1.53 | 1.44 | 1.59 | 1.64 | 1.31 | 1.66 | 1.81 | 2.28 | 2.18 | 1.59 | 1.44 | 2.89 | 2.89 | 2.77 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $30,332,000K ÷ $18,392,000K
= 1.65
The current ratio of AMGEN Inc. has exhibited fluctuations over the past eight quarters. The trend shows an increase from Q4 2022 to Q1 2023, reaching a peak of 3.14 in Q1 2023. However, the ratio decreased in the subsequent quarters, with Q4 2023 showing a current ratio of 1.65. These fluctuations suggest that AMGEN Inc. may have experienced changes in its liquidity position and ability to meet short-term obligations over the analyzed period. It is important for investors and stakeholders to closely monitor the company's current ratio to assess its short-term financial health and liquidity management.
Peer comparison
Dec 31, 2023