ArcBest Corp (ARCB)

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	675,642	691,909	767,213	758,478	884,783	890,136	865,190	917,030	989,783	998,028	935,557	860,579	776,053	953,126	843,531	768,719	758,168	730,240	902,043	869,531
Total current liabilities	US$ in thousands	665,985	665,568	645,850	618,575	701,563	668,374	641,266	688,043	768,470	757,372	748,169	740,111	702,694	615,676	560,260	500,742	506,547	497,516	439,652	422,853
Current ratio		1.01	1.04	1.19	1.23	1.26	1.33	1.35	1.33	1.29	1.32	1.25	1.16	1.10	1.55	1.51	1.54	1.50	1.47	2.05	2.06

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $675,642K ÷ $665,985K
= 1.01

ArcBest Corp's current ratio has shown some fluctuations over the past few years. The current ratio measures the company's ability to meet its short-term obligations with its current assets.

From March 31, 2020, to June 30, 2022, the company maintained a current ratio above 2, indicating a healthy liquidity position. However, starting from September 30, 2022, the current ratio began to decline gradually, reaching a low of 1.01 as of December 31, 2024.

A current ratio above 1 typically indicates that the company has more current assets than current liabilities, reflecting a strong ability to cover its short-term debts. However, a declining current ratio may raise concerns about the company's liquidity and its ability to meet its short-term obligations.

It would be important for stakeholders to monitor the trend of ArcBest Corp's current ratio closely and assess the reasons behind the decrease to determine if it poses any potential risks to the company's financial health.