Church & Dwight Company Inc (CHD)
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 | 2,240,600 | 2,016,700 | 1,755,200 | 1,534,300 | 1,529,700 | 1,744,600 | 1,576,400 | 1,334,900 | 1,395,900 | 1,564,400 | 1,750,700 | 1,221,800 | 1,233,400 | 1,176,800 | 1,128,700 | 1,111,800 | 1,112,400 | 1,444,500 | 1,276,700 | 1,828,800 |
| Total current liabilities | US$ in thousands | 1,315,900 | 1,246,600 | 1,149,700 | 1,151,100 | 1,422,000 | 1,188,400 | 1,121,800 | 1,126,900 | 1,183,800 | 1,450,600 | 1,726,800 | 1,871,600 | 2,075,200 | 1,584,400 | 1,376,100 | 1,274,300 | 1,388,600 | 971,900 | 996,600 | 1,769,000 |
| Current ratio | 1.70 | 1.62 | 1.53 | 1.33 | 1.08 | 1.47 | 1.41 | 1.18 | 1.18 | 1.08 | 1.01 | 0.65 | 0.59 | 0.74 | 0.82 | 0.87 | 0.80 | 1.49 | 1.28 | 1.03 |
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 exhibited some fluctuations over the period from March 31, 2020, to December 31, 2024. Initially, the current ratio was low at 1.03 on March 31, 2020, indicating a relatively lower level of current assets to cover its current liabilities.
Subsequently, there was an improvement in the current ratio, reaching a peak of 1.70 on December 31, 2024. This suggests that the company had a more favorable position in terms of current assets to meet its short-term obligations as of the end of 2024.
Throughout the period, the current ratio fluctuated, indicating varying levels of liquidity and ability to cover short-term obligations. It is important to note that a current ratio above 1 indicates the company has more current assets than current liabilities, providing a buffer for meeting its short-term financial commitments.
Overall, the trend in Church & Dwight Company Inc's current ratio shows variability but generally demonstrates an improvement in liquidity and ability to meet short-term obligations over the period analyzed.
Peer comparison
Dec 31, 2024