Amentum Holdings Inc. (AMTM)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,140,000 | 3,084,000 | 1,312,000 | 1,331,000 | 1,330,000 | 1,931,000 |
| Total current liabilities | US$ in thousands | 1,971,000 | 1,965,000 | 629,000 | 640,000 | 643,000 | 1,376,000 |
| Current ratio | 1.59 | 1.57 | 2.09 | 2.08 | 2.07 | 1.40 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,140,000K ÷ $1,971,000K
= 1.59
The current ratio of Amentum Holdings Inc. has shown a fluctuating trend over the past several quarters. As of December 31, 2023, the company had a current ratio of 2.07, indicating that it had more than double the current assets to cover its current liabilities. This suggests a strong short-term liquidity position.
The current ratio improved slightly to 2.08 and 2.09 in the following quarters, showcasing continued strength in the company's ability to meet its short-term obligations. However, in the most recent quarter ending December 31, 2024, the current ratio dropped to 1.59, which is still above the industry average but lower than in the previous quarters.
The fluctuation in the current ratio may indicate changes in the company's financial position and management of current assets and liabilities. While the current ratio has dipped in the most recent quarter, it is important for the company to closely monitor and manage its liquidity position to ensure it can meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024