Corsair Gaming Inc (CRSR)
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 | 623,388 | 571,553 | 579,624 | 621,182 | 711,589 | 679,373 | 661,680 | 632,970 | 622,793 | 515,421 | 554,697 | 626,526 | 705,775 | 708,124 | 731,973 | 711,644 | 690,971 | 627,618 | 503,549 | 390,752 |
| Total current liabilities | US$ in thousands | 396,313 | 361,124 | 322,730 | 342,101 | 418,487 | 394,722 | 365,735 | 348,892 | 342,998 | 325,038 | 356,533 | 384,764 | 446,747 | 475,551 | 494,029 | 499,270 | 505,381 | 444,357 | 365,588 | 257,652 |
| Current ratio | 1.57 | 1.58 | 1.80 | 1.82 | 1.70 | 1.72 | 1.81 | 1.81 | 1.82 | 1.59 | 1.56 | 1.63 | 1.58 | 1.49 | 1.48 | 1.43 | 1.37 | 1.41 | 1.38 | 1.52 |
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 fluctuations over the past few years, hovering around an average of 1.5. The ratio peaked at 1.82 in March 2023 and June 2024, indicating a relatively strong short-term liquidity position. On the other hand, the ratio decreased to 1.37 in December 2020, which might suggest potential liquidity concerns. Overall, the company's current ratio has generally been above 1, indicating that Corsair Gaming Inc has, on average, had sufficient current assets to cover its current liabilities. However, it is essential to monitor the trend and ensure that the company maintains a healthy balance between current assets and liabilities to meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024