Amphenol Corporation (APH)
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 | 9,686,000 | 7,772,800 | 6,971,800 | 7,041,700 | 6,835,300 | 6,773,300 | 6,321,300 | 6,394,000 | 6,479,100 | 6,326,900 | 6,311,000 | 6,108,700 | 5,958,200 | 6,919,800 | 6,491,200 | 6,186,700 | 5,490,800 | 5,037,000 | 4,618,000 | 5,517,500 |
| Total current liabilities | US$ in thousands | 4,083,800 | 3,901,700 | 3,455,800 | 3,423,100 | 3,152,700 | 2,908,800 | 2,709,700 | 2,426,200 | 2,676,100 | 2,654,900 | 2,580,700 | 2,397,200 | 2,447,100 | 2,885,000 | 2,996,500 | 2,547,900 | 2,304,300 | 2,215,000 | 1,785,200 | 2,170,200 |
| Current ratio | 2.37 | 1.99 | 2.02 | 2.06 | 2.17 | 2.33 | 2.33 | 2.64 | 2.42 | 2.38 | 2.45 | 2.55 | 2.43 | 2.40 | 2.17 | 2.43 | 2.38 | 2.27 | 2.59 | 2.54 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $9,686,000K ÷ $4,083,800K
= 2.37
Amphenol Corporation's current ratio has shown fluctuations over the past few years. The current ratio, which measures the company's ability to cover its short-term liabilities with its current assets, has generally remained above 2, indicating a healthy liquidity position.
In recent quarters, the current ratio has hovered around 2.0 to 2.6, reflecting a stable liquidity position. However, there have been slight decreases observed in the most recent quarters, such as the drop to 2.06 as of March 31, 2024, and 1.99 as of September 30, 2024. These decreases might raise concerns about the company's ability to meet its short-term obligations efficiently.
Overall, while the current ratio for Amphenol Corporation has generally remained at acceptable levels, investors and stakeholders may need to monitor the trend closely to ensure the company can maintain its liquidity position and meet its short-term financial commitments effectively.