Aramark Holdings (ARMK)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	3,167,420	5,220,030	3,725,880	3,596,560	3,435,140	3,291,990	3,198,040	3,073,150	2,910,670	2,898,860	2,620,920	3,506,510	3,416,100	4,675,810	4,557,140	3,656,340	2,828,910	2,658,390	2,642,120	2,630,600
Total current liabilities	US$ in thousands	2,489,410	5,029,970	2,875,960	2,968,080	2,684,220	3,285,890	2,559,900	2,699,570	2,371,210	2,857,430	2,342,250	2,397,170	2,276,620	2,347,460	2,119,310	2,297,860	2,297,490	2,705,300	2,159,400	2,311,100
Current ratio		1.27	1.04	1.30	1.21	1.28	1.00	1.25	1.14	1.23	1.01	1.12	1.46	1.50	1.99	2.15	1.59	1.23	0.98	1.22	1.14

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,167,420K ÷ $2,489,410K
= 1.27

The current ratio of Aramark Holdings has shown some fluctuations over the past few quarters. The ratio, which indicates the company's ability to cover its short-term liabilities with its current assets, has generally been above 1, suggesting that the company has had sufficient current assets to meet its short-term obligations.

In the most recent quarter, the current ratio was 1.27, which indicates that the company had $1.27 in current assets for every $1 of current liabilities. This represents an improvement compared to the previous quarter's ratio of 1.04.

Looking at the trend over the past few quarters, we can see that the current ratio has been somewhat volatile, with fluctuations between 1.00 and 2.15. This variation may suggest changes in the company's liquidity position and its ability to manage short-term obligations effectively.

Overall, while the current ratio of Aramark Holdings has shown some variability, it has generally remained above 1, indicating a sound ability to cover short-term liabilities with current assets. However, investors and analysts may want to further investigate the reasons behind the fluctuations in the ratio to get a better understanding of the company's liquidity and financial health.