Amentum Holdings Inc. (AMTM)
Quick ratio
| Dec 31, 2024 | Sep 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 452,000 | 452,000 | 305,000 | 207,000 | — |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | — | 2,401,000 | — | — | — |
| Total current liabilities | US$ in thousands | 1,965,000 | 1,965,000 | 1,376,000 | 713,000 | — |
| Quick ratio | 0.23 | 1.45 | 0.22 | 0.29 | — |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($452,000K
+ $—K
+ $—K)
÷ $1,965,000K
= 0.23
The quick ratio of Amentum Holdings Inc. has shown fluctuations over the years. In December 31, 2021, the quick ratio was not available. The ratio improved to 0.29 by December 31, 2022, indicating a higher level of liquidity compared to the previous period. However, there was a decrease in liquidity as the ratio declined to 0.22 by December 31, 2023, suggesting potential difficulties in meeting short-term obligations.
The quick ratio significantly improved to 1.45 by September 30, 2024, which indicates a substantial increase in the company's ability to cover its short-term liabilities with its most liquid assets. However, this improvement might not be sustainable as the ratio dropped to 0.23 by December 31, 2024, signaling a potential decrease in liquidity in the most recent period.
Overall, the trend in Amentum Holdings Inc.'s quick ratio shows variability in liquidity levels, with fluctuations that may indicate potential concerns about the company's short-term financial health and ability to meet immediate obligations. It is important for stakeholders to monitor the company's liquidity position closely to assess its financial stability.
Peer comparison
Dec 31, 2024