Amazon.com Inc (AMZN)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 190,867,000 | 175,792,000 | 173,307,000 | 163,989,000 | 172,351,000 | 142,995,000 | 140,482,000 | 136,221,000 | 146,791,000 | 131,463,000 | 133,667,000 | 133,876,000 | 161,580,000 | 138,531,000 | 140,848,000 | 121,408,000 | 132,733,000 | 112,969,000 | 110,908,000 | 85,985,000 |
| Total current liabilities | US$ in thousands | 179,431,000 | 161,477,000 | 158,172,000 | 152,965,000 | 164,917,000 | 145,214,000 | 148,238,000 | 147,570,000 | 155,393,000 | 140,363,000 | 140,291,000 | 139,508,000 | 142,266,000 | 123,994,000 | 117,792,000 | 115,404,000 | 126,385,000 | 101,912,000 | 93,896,000 | 79,711,000 |
| Current ratio | 1.06 | 1.09 | 1.10 | 1.07 | 1.05 | 0.98 | 0.95 | 0.92 | 0.94 | 0.94 | 0.95 | 0.96 | 1.14 | 1.12 | 1.20 | 1.05 | 1.05 | 1.11 | 1.18 | 1.08 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $190,867,000K ÷ $179,431,000K
= 1.06
The current ratio of Amazon.com Inc has fluctuated over the specified time period, ranging from a low of 0.92 to a high of 1.20. A current ratio below 1 indicates that the company may have difficulty meeting its short-term obligations with its current assets alone, while a ratio above 1 suggests that the company has more current assets than current liabilities.
Since March 31, 2020, the current ratio initially increased to 1.20 by June 30, 2021, indicating improved liquidity position. However, the ratio started declining thereafter, reaching a low of 0.92 by March 31, 2023, before showing some recovery towards the end of the period, standing at 1.06 by December 31, 2024.
Overall, the current ratio of Amazon.com Inc demonstrates variability in its ability to cover short-term obligations using current assets. It is essential for investors and analysts to monitor this metric closely to assess the company's liquidity and short-term financial health.
Peer comparison
Dec 31, 2024