Walt Disney Company (DIS)
Current ratio
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 32,763,000 | 29,098,000 | 33,657,000 | 35,251,000 | 28,124,000 |
| Total current liabilities | US$ in thousands | 31,139,000 | 29,073,000 | 31,077,000 | 26,628,000 | 31,341,000 |
| Current ratio | 1.05 | 1.00 | 1.08 | 1.32 | 0.90 |
September 30, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $32,763,000K ÷ $31,139,000K
= 1.05
The current ratio of Walt Disney Co (The) has fluctuated over the past five years. In 2023, the current ratio stood at 1.05, showing a slight improvement compared to the previous year's ratio of 1.00. However, this is lower than the 1.08 ratio reported in 2021 and significantly lower than the 1.32 ratio in 2020. In 2019, the current ratio was notably lower at 0.90. These variations indicate changes in the company's ability to meet its short-term liabilities with its current assets. A current ratio below 1.00 may raise concerns about the company's short-term liquidity and ability to pay its obligations. It is important for stakeholders to monitor these trends and consider the underlying reasons for the fluctuations in the current ratio.
Peer comparison
Sep 30, 2023