Amentum Holdings Inc. (AMTM)
Quick ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 522,000 | 452,000 | 196,000 | 179,000 | 192,000 | 305,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,971,000 | 1,965,000 | 629,000 | 640,000 | 643,000 | 1,376,000 |
| Quick ratio | 0.26 | 0.23 | 0.31 | 0.28 | 0.30 | 0.22 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($522,000K
+ $—K
+ $—K)
÷ $1,971,000K
= 0.26
The quick ratio of Amentum Holdings Inc. has shown fluctuations over the past year. The quick ratio, which measures the company's ability to meet its short-term obligations with its most liquid assets, stood at 0.22 as of September 30, 2023. It improved to 0.30 by December 31, 2023, indicating a slightly better liquidity position. However, the ratio decreased to 0.28 by March 31, 2024, and then increased to 0.31 by June 30, 2024. Subsequently, there was a decline to 0.23 as of September 30, 2024, followed by a slight recovery to 0.26 as of December 31, 2024.
Overall, the quick ratio has displayed variability, suggesting some instability in the company's ability to cover its short-term obligations with its readily available assets. Further analysis of the underlying components contributing to this ratio may be necessary to understand the specific factors driving these fluctuations in liquidity over the periods under consideration.
Peer comparison
Dec 31, 2024