Dupont De Nemours Inc (DD)

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	6,364,000	6,439,000	6,163,000	7,067,000	7,514,000	7,935,000	11,127,000	11,200,000	11,315,000	14,350,000	14,006,000	14,443,000	8,065,000	8,497,000	10,492,000	12,540,000	10,877,000	12,606,000	11,986,000	10,392,000
Total current liabilities	US$ in thousands	4,801,000	2,825,000	2,786,000	3,032,000	3,098,000	3,688,000	3,739,000	3,406,000	3,848,000	6,014,000	5,494,000	5,122,000	4,262,000	4,221,000	3,940,000	5,667,000	4,699,000	6,984,000	8,010,000	8,545,000
Current ratio		1.33	2.28	2.21	2.33	2.43	2.15	2.98	3.29	2.94	2.39	2.55	2.82	1.89	2.01	2.66	2.21	2.31	1.80	1.50	1.22

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $6,364,000K ÷ $4,801,000K
= 1.33

The current ratio of Dupont De Nemours Inc has shown fluctuations over the past few years, ranging from a low of 1.22 on March 31, 2020, to a high of 3.29 on March 31, 2023. Generally, a current ratio above 1 indicates that the company has more current assets than current liabilities, suggesting it can meet its short-term obligations.

The trend of the current ratio indicates an improvement in liquidity from 2020 to 2023, with the ratio consistently above 2 during this period. However, there was a slight decrease in the current ratio towards the end of the period, dropping to 2.28 on September 30, 2024.

An increasing current ratio typically signifies stronger short-term financial health and a better ability to cover obligations. On the other hand, a declining current ratio could signal potential liquidity issues. Overall, while the current ratio of Dupont De Nemours Inc has shown variability, it indicates a generally healthy liquidity position during the period under consideration.