Curtiss-Wright Corporation (CW)
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 | 1,849,590 | 1,952,080 | 1,835,880 | 1,737,220 | 1,717,080 | 1,545,120 | 1,523,560 | 1,446,260 | 1,516,010 | 1,414,680 | 1,438,420 | 1,309,880 | 1,307,810 | 1,423,810 | 1,401,390 | 1,286,740 | 1,300,820 | 1,580,750 | 1,267,210 | 1,282,940 |
| Total current liabilities | US$ in thousands | 1,095,950 | 986,655 | 896,516 | 858,275 | 806,544 | 775,379 | 720,927 | 672,190 | 981,045 | 840,364 | 1,059,210 | 800,251 | 734,867 | 765,143 | 774,472 | 734,802 | 810,377 | 665,834 | 661,978 | 629,057 |
| Current ratio | 1.69 | 1.98 | 2.05 | 2.02 | 2.13 | 1.99 | 2.11 | 2.15 | 1.55 | 1.68 | 1.36 | 1.64 | 1.78 | 1.86 | 1.81 | 1.75 | 1.61 | 2.37 | 1.91 | 2.04 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,849,590K ÷ $1,095,950K
= 1.69
The current ratio of Curtiss-Wright Corporation has fluctuated over the past few years, ranging from a low of 1.36 to a high of 2.37. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a positive sign.
Looking at the trend of the current ratio for Curtiss-Wright Corporation, we can see that there have been fluctuations over time. The ratio peaked at 2.37 on September 30, 2020, indicating a strong ability to cover short-term obligations at that point. However, the ratio decreased to a low of 1.36 on June 30, 2022, which may raise concerns about the company's liquidity position at that time.
Overall, while the current ratio has shown some variability, it has generally remained above 1, suggesting that Curtiss-Wright Corporation has been able to maintain a sufficient level of current assets to cover its short-term liabilities. It is important for investors and stakeholders to continue monitoring the company's current ratio to ensure that its liquidity position remains stable over time.
Peer comparison
Dec 31, 2024