Darling Ingredients Inc (DAR)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,439,440 | 1,855,670 | 1,638,100 | 1,089,010 | 986,994 |
| Total current liabilities | US$ in thousands | 1,043,500 | 998,137 | 1,068,440 | 752,684 | 675,305 |
| Current ratio | 1.38 | 1.86 | 1.53 | 1.45 | 1.46 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,439,440K ÷ $1,043,500K
= 1.38
The current ratio of Darling Ingredients Inc has exhibited fluctuations over the past five years. Starting at 1.46 on December 31, 2020, the ratio decreased slightly to 1.45 by the end of 2021 before showing an uptick to 1.53 on December 31, 2022. The ratio experienced a more significant increase to 1.86 by the end of 2023, indicating improved liquidity. However, there was a notable drop in the current ratio to 1.38 by December 31, 2024. Overall, the company's current ratio has varied, signaling changes in its short-term liquidity position during the period under review.
Peer comparison
Dec 31, 2024