CSX Corporation (CSX)
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 | 2,820,000 | 3,577,000 | 3,180,000 | 3,472,000 | 3,384,000 | 3,359,000 | 2,911,000 | 3,355,000 | 3,849,000 | 4,310,000 | 2,784,000 | 3,757,000 | 3,873,000 | 3,897,000 | 4,573,000 | 4,305,000 | 4,441,000 | 4,228,000 | 3,791,000 | 3,821,000 |
| Total current liabilities | US$ in thousands | 3,276,000 | 2,569,000 | 2,739,000 | 3,024,000 | 3,224,000 | 2,934,000 | 2,055,000 | 2,321,000 | 2,471,000 | 2,508,000 | 2,393,000 | 2,575,000 | 2,233,000 | 2,268,000 | 1,951,000 | 1,800,000 | 2,019,000 | 2,294,000 | 2,347,000 | 2,211,000 |
| Current ratio | 0.86 | 1.39 | 1.16 | 1.15 | 1.05 | 1.14 | 1.42 | 1.45 | 1.56 | 1.72 | 1.16 | 1.46 | 1.73 | 1.72 | 2.34 | 2.39 | 2.20 | 1.84 | 1.62 | 1.73 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,820,000K ÷ $3,276,000K
= 0.86
CSX Corporation's current ratio has shown fluctuations over the reported periods, ranging from 0.86 to 2.39. A current ratio above 1 indicates that the company has more current assets than current liabilities, suggesting its ability to cover its short-term obligations. The company's current ratio peaked at 2.39 on March 31, 2021, reflecting strong liquidity position. However, it decreased gradually to 0.86 by December 31, 2024, indicating a potential liquidity concern. It is important for investors and analysts to closely monitor CSX Corporation's current ratio to assess its short-term liquidity risks and financial health.
Peer comparison
Dec 31, 2024