Carlisle Companies Incorporated (CSL)
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 | 1,926,300 | 2,911,400 | 3,152,100 | 3,463,400 | 3,408,100 | 3,657,000 | 379,300 | 2,152,300 | 2,245,000 | 2,770,900 | 2,532,600 | 2,228,800 | 2,150,900 | 2,081,800 | 2,512,500 | 2,144,500 | 2,209,300 | 2,140,200 | 2,152,900 | 2,608,600 |
| Total current liabilities | US$ in thousands | 665,800 | 1,068,400 | 1,089,700 | 1,174,700 | 1,186,300 | 875,600 | 1,045,300 | 930,000 | 1,078,400 | 1,552,100 | 1,259,700 | 1,188,600 | 1,169,500 | 851,300 | 761,700 | 660,100 | 646,200 | 645,700 | 613,900 | 602,700 |
| Current ratio | 2.89 | 2.73 | 2.89 | 2.95 | 2.87 | 4.18 | 0.36 | 2.31 | 2.08 | 1.79 | 2.01 | 1.88 | 1.84 | 2.45 | 3.30 | 3.25 | 3.42 | 3.31 | 3.51 | 4.33 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,926,300K ÷ $665,800K
= 2.89
The current ratio of Carlisle Companies Incorporated has exhibited fluctuations over the past few years. The current ratio measures the company's ability to cover its short-term obligations with its current assets. From March 31, 2020, through March 31, 2021, the company maintained a relatively high current ratio above 3, indicating a healthy liquidity position.
However, starting from the third quarter of 2021, the current ratio began to decline, reaching a low of 0.36 on June 30, 2023. This sharp decrease suggests potential difficulties in meeting short-term obligations with current assets during that period.
From September 30, 2023, the current ratio improved significantly, reaching a high of 4.18, indicating a strong liquidity position and potential ease in meeting short-term obligations. Despite some fluctuations, the current ratio stabilized around 2.89 to 3.00 in the last few quarters of 2024, indicating a relatively healthy liquidity position for the company.
Overall, monitoring the current ratio of Carlisle Companies Incorporated is crucial as it provides insights into the company's liquidity and ability to manage short-term financial obligations efficiently.
Peer comparison
Dec 31, 2024