AptarGroup Inc (ATR)

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 1,478,380 1,665,600 1,593,650 1,560,010 1,549,280 1,502,760 1,516,020 1,481,510 1,430,290 1,399,730 1,558,640 1,642,090 1,358,210 1,344,060 1,492,450 1,406,980 1,369,000 1,327,200 1,343,570 1,514,650
Total current liabilities US$ in thousands 1,068,280 1,026,650 1,168,110 1,196,140 1,251,310 1,231,640 1,029,780 1,041,160 917,176 896,652 822,032 861,493 982,492 908,368 782,566 755,929 780,329 787,121 829,767 891,298
Current ratio 1.38 1.62 1.36 1.30 1.24 1.22 1.47 1.42 1.56 1.56 1.90 1.91 1.38 1.48 1.91 1.86 1.75 1.69 1.62 1.70

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,478,380K ÷ $1,068,280K
= 1.38

AptarGroup Inc's current ratio has fluctuated over the past few years, ranging from a low of 1.22 on September 30, 2023, to a high of 1.91 on March 31, 2021 and June 30, 2022.

A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a positive sign of short-term liquidity. However, the current ratio should be evaluated in conjunction with industry benchmarks and trends over time to provide a more accurate assessment of the company's liquidity position.

Overall, AptarGroup Inc's current ratio has shown some variability but generally remains at a healthy level, providing a sufficient buffer to meet its short-term obligations. Core factors impacting the fluctuation may include changes in the company's working capital management, investment in current assets, and overall financial performance.