Artivion Inc (AORT)
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 | 290,080 | 287,958 | 234,288 | 226,634 | 230,864 | 267,109 | 263,898 | 240,681 | 247,334 | 237,989 | 240,428 | 244,533 | 247,697 | 257,343 | 238,054 | 235,683 | 234,589 | 233,699 | 287,121 | 214,082 |
| Total current liabilities | US$ in thousands | 66,823 | 152,838 | 50,582 | 45,830 | 57,862 | 54,959 | 56,230 | 43,961 | 49,675 | 45,992 | 41,646 | 42,837 | 44,953 | 61,130 | 58,944 | 58,018 | 60,468 | 53,667 | 48,933 | 43,685 |
| Current ratio | 4.34 | 1.88 | 4.63 | 4.95 | 3.99 | 4.86 | 4.69 | 5.47 | 4.98 | 5.17 | 5.77 | 5.71 | 5.51 | 4.21 | 4.04 | 4.06 | 3.88 | 4.35 | 5.87 | 4.90 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $290,080K ÷ $66,823K
= 4.34
Artivion Inc's current ratio has shown fluctuations over the period under review. The ratio peaked at 5.87 on June 30, 2020, and has generally remained above 4.0, indicating a healthy liquidity position. However, there was a significant drop in the current ratio to 1.88 on September 30, 2024, which may raise concerns about the company's short-term liquidity and ability to meet its current obligations. It is important to further investigate the reasons behind this sharp decline and monitor the current ratio closely in future periods to assess the company's liquidity management.
Peer comparison
Dec 31, 2024