Arrow Electronics Inc (ARW)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 18,401,400 | 18,327,500 | 18,340,300 | 15,893,300 | 13,152,900 |
| Total current liabilities | US$ in thousands | 12,636,200 | 13,187,900 | 12,389,600 | 11,326,100 | 9,130,880 |
| Current ratio | 1.46 | 1.39 | 1.48 | 1.40 | 1.44 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $18,401,400K ÷ $12,636,200K
= 1.46
Arrow Electronics Inc's current ratio has shown some fluctuations over the past five years. The current ratio decreased from 1.44 in December 31, 2020, to 1.40 in December 31, 2021, indicating a slight weakening in the company's short-term liquidity position. However, in the following years, the current ratio improved to 1.48 in December 31, 2022, and then dropped slightly to 1.39 in December 31, 2023, before increasing again to 1.46 in December 31, 2024.
Overall, Arrow Electronics Inc's current ratio has generally remained above 1, which suggests that the company has had sufficient current assets to cover its current liabilities over the period analyzed. However, the fluctuations in the ratio indicate potential changes in the company's ability to meet its short-term obligations with its current assets. Further analysis of the components of current assets and liabilities would provide additional insights into the company's liquidity position.
Peer comparison
Dec 31, 2024