Amentum Holdings Inc. (AMTM)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,084,000 | 3,084,000 | 1,931,120 | 1,359,000 | — |
| Total current liabilities | US$ in thousands | 1,965,000 | 1,965,000 | 1,376,000 | 713,000 | — |
| Current ratio | 1.57 | 1.57 | 1.40 | 1.91 | — |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,084,000K ÷ $1,965,000K
= 1.57
The current ratio of Amentum Holdings Inc. has shown varying trends over the years. As of December 31, 2022, the current ratio stood at 1.91, indicating that the company had $1.91 in current assets for every $1 in current liabilities. This suggests a healthy liquidity position and the company's ability to meet its short-term obligations comfortably.
However, by December 31, 2023, the current ratio decreased to 1.40, signaling a potential deterioration in liquidity. A ratio below 2 may raise concerns about the company's short-term financial health and ability to cover its immediate liabilities.
The current ratio then improved to 1.57 as of both September 30, 2024, and December 31, 2024. While an increase from the previous year is positive, further monitoring is prudent to ensure sustained liquidity levels to meet short-term obligations effectively.
In conclusion, Amentum Holdings Inc.'s current ratio has experienced fluctuations in recent years, highlighting the importance of closely monitoring liquidity levels to ensure the company's ability to manage short-term financial commitments.
Peer comparison
Dec 31, 2024