Church & Dwight Company Inc (CHD)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,240,600 | 1,529,700 | 1,395,900 | 1,233,400 | 1,112,400 |
| Total current liabilities | US$ in thousands | 1,315,900 | 1,422,000 | 1,183,800 | 2,075,200 | 1,388,600 |
| Current ratio | 1.70 | 1.08 | 1.18 | 0.59 | 0.80 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,240,600K ÷ $1,315,900K
= 1.70
The current ratio of Church & Dwight Company Inc has shown fluctuations over the past five years. It was 0.80 in 2020, indicating that current liabilities exceeded current assets at that time. However, there was a significant improvement in 2022 when the current ratio increased to 1.18, reflecting a healthier liquidity position with current assets now exceeding current liabilities. The ratio slightly decreased in 2023 to 1.08, but remained above 1, which indicates the company still had more current assets than current liabilities. In 2024, the current ratio further improved to 1.70, indicating a robust liquidity position with ample current assets to cover current obligations. Overall, the trend suggests that Church & Dwight Company Inc has been managing its short-term financial obligations effectively, strengthening its position over the years.
Peer comparison
Dec 31, 2024