CF Industries Holdings Inc (CF)
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 | 2,520,000 | 2,850,000 | 2,801,000 | 2,719,000 | 3,050,000 | 4,190,000 | 4,072,000 | 3,848,000 | 3,673,000 | 3,680,000 | 3,738,000 | 3,826,000 | 2,593,000 | 1,814,000 | 1,569,000 | 1,489,000 | 1,367,000 | 1,171,000 | 1,136,000 | 1,480,000 |
| Total current liabilities | US$ in thousands | 818,000 | 1,013,000 | 596,000 | 690,000 | 800,000 | 926,000 | 622,000 | 862,000 | 995,000 | 1,381,000 | 1,097,000 | 2,228,000 | 1,432,000 | 1,015,000 | 643,000 | 891,000 | 906,000 | 681,000 | 615,000 | 1,235,000 |
| Current ratio | 3.08 | 2.81 | 4.70 | 3.94 | 3.81 | 4.52 | 6.55 | 4.46 | 3.69 | 2.66 | 3.41 | 1.72 | 1.81 | 1.79 | 2.44 | 1.67 | 1.51 | 1.72 | 1.85 | 1.20 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,520,000K ÷ $818,000K
= 3.08
The current ratio of CF Industries Holdings Inc has shown fluctuations over the periods presented. It started at 1.20 on March 31, 2020, and gradually increased to 6.55 on June 30, 2023, indicating a significant improvement in the company's short-term liquidity position during this period. However, it decreased to 2.81 on September 30, 2024, and then slightly increased to 3.08 by December 31, 2024.
The current ratio measures the company's ability to cover its short-term obligations with its current assets. A ratio above 1 indicates that the company has more current assets than current liabilities. CF Industries Holdings Inc maintained a current ratio above 1 throughout the period, which generally suggests that the company had sufficient current assets to meet its short-term obligations.
The significant fluctuations in the current ratio over the years could be attributed to changes in the company's current assets and liabilities. It is essential for investors and stakeholders to monitor the current ratio over time to assess the company's liquidity position and short-term financial health.
Peer comparison
Dec 31, 2024