The Clorox Company (CLX)
Current ratio
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,608,000 | 1,590,000 | 1,632,000 | 1,576,000 | 1,622,000 | 1,661,000 | 1,804,000 | 1,911,000 | 1,828,000 | 1,745,000 | 1,622,000 | 1,763,000 | 1,725,000 | 1,869,000 | 1,741,000 | 1,820,000 | 1,829,000 | 1,962,000 | 2,103,000 | 2,144,000 |
| Total current liabilities | US$ in thousands | 1,919,000 | 2,155,000 | 1,730,000 | 1,579,000 | 1,574,000 | 1,846,000 | 2,022,000 | 2,228,000 | 1,917,000 | 1,996,000 | 1,878,000 | 2,010,000 | 1,784,000 | 2,643,000 | 2,596,000 | 2,639,000 | 2,056,000 | 1,819,000 | 1,738,000 | 1,516,000 |
| Current ratio | 0.84 | 0.74 | 0.94 | 1.00 | 1.03 | 0.90 | 0.89 | 0.86 | 0.95 | 0.87 | 0.86 | 0.88 | 0.97 | 0.71 | 0.67 | 0.69 | 0.89 | 1.08 | 1.21 | 1.41 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,608,000K ÷ $1,919,000K
= 0.84
The current ratio of The Clorox Company exhibits a declining trend from September 30, 2020, through March 31, 2021, decreasing from 1.41 to 1.08. This decline continued into June 30, 2021, reaching 0.89, and further dropped to 0.69 by September 30, 2021. The ratio remained relatively stable around 0.67 on December 31, 2021, before experiencing a slight increase to 0.71 in March 2022. A subsequent upward movement led to a ratio of 0.97 by June 30, 2022, and it stabilized near 0.88 to 0.86 in the subsequent quarters, with values of 0.88 on September 30, 2022, and 0.86 on December 31, 2022. Modest fluctuations persisted through 2023, with the ratio reaching 0.87 on March 31, 2023, and increasing to 0.95 on June 30, 2023. The ratio then declined slightly to 0.86 by September 30, 2023, before increasing again to 0.89 at the end of 2023. During the first half of 2024, the ratio improved, reaching 1.03 on June 30, 2024, but decreased slightly to 1.00 by September 30, 2024. It further dipped to 0.94 at the end of 2024, followed by a notable decline to 0.74 on March 31, 2025, and a subsequent recovery to 0.84 by June 30, 2025.
Overall, the current ratio has demonstrated a pattern of initial decline through 2021 and early 2022, suggesting increasing short-term liquidity pressures during that period. The ratio regained some stability and strength during mid-2022 through 2024, indicating improved liquidity positioning. However, the fluctuation around 1.0 or slightly below over the more recent periods highlights that the company's liquidity remains somewhat tight, and continuous monitoring would be necessary to assess its ability to meet short-term obligations.