PC Connection Inc (CNXN)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,166,850 | 1,048,640 | 953,792 | 932,413 | 858,980 |
| Total current liabilities | US$ in thousands | 371,205 | 327,965 | 310,517 | 374,632 | 342,260 |
| Current ratio | 3.14 | 3.20 | 3.07 | 2.49 | 2.51 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,166,850K ÷ $371,205K
= 3.14
The current ratio of PC Connection Inc has shown a generally positive trend over the past five years, increasing from 2.51 in December 2020 to 3.14 in December 2024. This indicates that the company's ability to meet its short-term obligations with its current assets has improved steadily. A current ratio above 1 suggests that the company has more than enough current assets to cover its current liabilities, and PC Connection Inc's current ratio consistently above 2 demonstrates a healthy liquidity position. The latest ratio of 3.14 as of December 31, 2024, reveals that the company has a strong ability to pay off its short-term debts. Overall, the current ratio trend suggests that PC Connection Inc has managed its liquidity effectively and is in a strong financial position to meet its short-term obligations.
Peer comparison
Dec 31, 2024