Amphenol Corporation (APH)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 9,686,000 | 6,835,300 | 6,479,100 | 5,958,200 | 5,490,800 |
| Total current liabilities | US$ in thousands | 4,083,800 | 3,152,700 | 2,676,100 | 2,447,100 | 2,304,300 |
| Current ratio | 2.37 | 2.17 | 2.42 | 2.43 | 2.38 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $9,686,000K ÷ $4,083,800K
= 2.37
The current ratio of Amphenol Corporation has exhibited stability and strength over the past five years, ranging from 2.17 to 2.43. This indicates that the company has a healthy ability to meet its short-term obligations with its current assets. The consistent values suggest efficient management of current assets and liabilities, maintaining a balance between liquidity and operational needs. A current ratio above 1 signifies that Amphenol has more than enough current assets to cover its current liabilities, which is a positive indicator of financial health and solvency. Overall, the current ratio trend reflects Amphenol Corporation's sound liquidity position and ability to manage its short-term financial obligations effectively.