Corsair Gaming Inc (CRSR)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 623,388 | 711,589 | 622,793 | 705,775 | 690,971 |
| Total current liabilities | US$ in thousands | 396,313 | 418,487 | 342,998 | 446,747 | 505,381 |
| Current ratio | 1.57 | 1.70 | 1.82 | 1.58 | 1.37 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $623,388K ÷ $396,313K
= 1.57
The current ratio of Corsair Gaming Inc has shown a generally positive trend over the past five years, increasing from 1.37 in December 31, 2020, to 1.57 in December 31, 2024. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. With a current ratio above 1 in each year, Corsair Gaming Inc has maintained a healthy level of liquidity, indicating that it possesses sufficient current assets to meet its short-term obligations. The peak current ratio of 1.82 in December 31, 2022, suggests the company had a strong liquidity position during that period. Although there was a slight decrease in the current ratio in 2024 compared to the previous year, the company's liquidity position remains robust overall.
Peer comparison
Dec 31, 2024