PC Connection Inc (CNXN)
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 | 1,166,850 | 1,151,730 | 1,147,500 | 1,023,360 | 1,048,640 | 1,040,700 | 1,021,930 | 974,116 | 953,792 | 986,257 | 975,375 | 950,740 | 932,413 | 862,279 | 877,988 | 802,851 | 858,980 | 843,716 | 791,741 | 748,983 |
| Total current liabilities | US$ in thousands | 371,205 | 367,453 | 388,642 | 289,808 | 327,965 | 339,963 | 347,305 | 318,309 | 310,517 | 352,920 | 366,883 | 369,803 | 374,632 | 293,348 | 330,494 | 274,944 | 342,260 | 338,360 | 308,207 | 277,309 |
| Current ratio | 3.14 | 3.13 | 2.95 | 3.53 | 3.20 | 3.06 | 2.94 | 3.06 | 3.07 | 2.79 | 2.66 | 2.57 | 2.49 | 2.94 | 2.66 | 2.92 | 2.51 | 2.49 | 2.57 | 2.70 |
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 some fluctuation over the periods provided. The ratio indicates the company's ability to meet its short-term obligations with its current assets. A higher ratio typically suggests better liquidity and financial health.
From March 31, 2020, to June 30, 2020, the current ratio decreased from 2.70 to 2.57, indicating a slight decline in liquidity. However, the ratio improved in the following quarters, reaching a peak of 3.53 on March 31, 2024, suggesting a stronger ability to cover short-term liabilities.
It is important to note that while the current ratio has generally been within a healthy range above 2, the fluctuation observed over the quarters should be monitored closely to assess the company's ongoing liquidity position and ability to manage short-term obligations efficiently.
Peer comparison
Dec 31, 2024