CH Robinson Worldwide Inc (CHRW)

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	2,969,600	3,338,990	3,179,170	3,124,180	2,880,690	2,959,240	3,051,480	3,234,650	3,589,240	4,433,370	5,168,260	5,279,230	4,804,150	4,430,660	3,722,560	3,410,110	2,941,700	2,852,700	2,603,930	2,606,640
Total current liabilities	US$ in thousands	2,324,900	2,240,840	2,244,210	2,274,290	2,051,990	2,649,540	2,761,490	2,947,870	3,322,850	3,358,880	3,485,750	3,541,200	3,326,340	3,251,690	2,586,380	2,300,910	1,839,730	1,760,980	1,673,380	1,804,720
Current ratio		1.28	1.49	1.42	1.37	1.40	1.12	1.11	1.10	1.08	1.32	1.48	1.49	1.44	1.36	1.44	1.48	1.60	1.62	1.56	1.44

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,969,600K ÷ $2,324,900K
= 1.28

The current ratio of CH Robinson Worldwide Inc has shown some variability over the past few years, ranging from 1.08 to 1.62. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A ratio above 1 indicates that the company has more current assets than current liabilities.

In the recent periods, the current ratio has generally remained above 1, indicating that the company has had sufficient current assets to cover its short-term liabilities. However, there has been a decreasing trend in the current ratio from a high of 1.62 in September 2020 to 1.28 in December 2024. This trend suggests there may be a potential strain on the company's liquidity in meeting short-term obligations.

It is important for stakeholders to monitor the current ratio closely to ensure that the company can continue to meet its short-term financial obligations without facing liquidity issues. Further analysis of the company's current assets and liabilities composition may provide insights into the factors influencing the fluctuations in the current ratio.