ANSYS Inc (ANSS)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,831,490 | 2,049,570 | 1,664,120 | 1,638,570 | 1,719,240 |
| Total current liabilities | US$ in thousands | 941,184 | 889,294 | 794,836 | 778,492 | 728,825 |
| Current ratio | 3.01 | 2.30 | 2.09 | 2.10 | 2.36 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,831,490K ÷ $941,184K
= 3.01
The current ratio of ANSYS Inc has shown a generally stable trend over the past five years, ranging from 2.09 to 3.01. This indicates that the company has been able to maintain a healthy level of short-term liquidity, with the ability to cover its current liabilities using its current assets. A current ratio above 1 is typically considered favorable, suggesting that ANSYS Inc has a solid ability to meet its short-term obligations. The gradual increase from 2022 to 2024 suggests an improvement in the company's liquidity position, providing a buffer against unexpected financial challenges. Overall, the current ratio analysis indicates that ANSYS Inc is effectively managing its short-term financial obligations.
Peer comparison
Dec 31, 2024