ANSYS Inc (ANSS)

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	2,831,490	2,348,080	2,091,820	1,981,170	2,049,570	1,542,500	1,414,240	1,384,080	1,664,120	1,449,880	1,327,220	1,449,880	1,638,570	1,756,680	1,622,360	1,660,950	1,719,240	1,458,720	1,294,260	1,290,700
Total current liabilities	US$ in thousands	941,184	754,490	708,742	706,574	889,294	634,431	643,837	650,915	794,836	609,690	624,699	634,620	778,492	600,431	595,385	624,047	728,825	561,847	543,806	537,142
Current ratio		3.01	3.11	2.95	2.80	2.30	2.43	2.20	2.13	2.09	2.38	2.12	2.28	2.10	2.93	2.72	2.66	2.36	2.60	2.38	2.40

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 fluctuations over the past few years, ranging from a low of 2.09 as of December 31, 2022, to a high of 3.11 as of September 30, 2024. This ratio measures the company's ability to meet its short-term obligations with its current assets. Generally, a current ratio above 1 indicates that a company has more current assets than current liabilities, suggesting good liquidity.

ANSYS Inc's current ratio has generally been above 2, indicating a strong ability to cover its current liabilities with current assets. The ratio peaked at 3.11 as of September 30, 2024, suggesting a high level of liquidity. However, the ratio decreased to 2.30 as of December 31, 2023, before increasing again to 3.01 by December 31, 2024.

Overall, the current ratio of ANSYS Inc demonstrates that the company has maintained a healthy liquidity position, with its current assets consistently exceeding its current liabilities throughout the period under review.