Walt Disney Company (DIS)

Current ratio

		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	Dec 31, 2019
Total current assets	US$ in thousands	25,241,000	25,493,000	24,636,000	25,971,000	32,763,000	30,174,000	28,263,000	26,912,000	29,098,000	31,422,000	31,427,000	32,913,000	33,657,000	33,966,000	32,877,000	34,874,000	35,251,000	41,330,000	33,274,000	27,776,000
Total current liabilities	US$ in thousands	34,599,000	35,612,000	32,874,000	31,033,000	31,139,000	28,234,000	28,056,000	27,070,000	29,073,000	30,704,000	29,601,000	30,037,000	31,077,000	27,413,000	26,642,000	26,546,000	26,628,000	30,917,000	35,473,000	34,797,000
Current ratio		0.73	0.72	0.75	0.84	1.05	1.07	1.01	0.99	1.00	1.02	1.06	1.10	1.08	1.24	1.23	1.31	1.32	1.34	0.94	0.80

September 30, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $25,241,000K ÷ $34,599,000K
= 0.73

The current ratio, which measures the ability of a company to meet its short-term obligations using its current assets, has shown fluctuations over the past few quarters for Walt Disney Company. A current ratio below 1 indicates potential liquidity concerns.

From September 2020 to September 2021, the current ratio gradually increased, reaching a peak of 1.34 in December 2021. However, there was a noticeable decline in the current ratio for the next few quarters, hitting a low of 0.72 in June 2024.

The current ratio has been below 1 for the past three quarters. This may raise concerns about Walt Disney's ability to cover its short-term liabilities with its current assets. Investors and stakeholders may monitor this ratio closely to ensure the company's liquidity position improves in the coming quarters.