Dow Inc (DOW)

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	16,590,000	17,977,000	18,053,000	18,448,000	17,614,000	18,298,000	18,549,000	19,356,000	20,477,000	19,777,000	21,769,000	22,165,000	20,848,000	20,393,000	20,352,000	19,163,000	19,084,000	17,789,000	16,997,000	18,138,000
Total current liabilities	US$ in thousands	10,288,000	10,827,000	10,308,000	10,249,000	9,957,000	10,248,000	9,649,000	10,489,000	11,331,000	12,315,000	13,309,000	13,054,000	13,226,000	12,793,000	12,308,000	11,354,000	11,108,000	10,207,000	9,786,000	11,121,000
Current ratio		1.61	1.66	1.75	1.80	1.77	1.79	1.92	1.85	1.81	1.61	1.64	1.70	1.58	1.59	1.65	1.69	1.72	1.74	1.74	1.63

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $16,590,000K ÷ $10,288,000K
= 1.61

Dow Inc's current ratio has shown fluctuations over the past few years. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets.

From March 31, 2020 to December 31, 2022, the current ratio ranged between 1.58 and 1.81, indicating relatively stable liquidity levels. However, there was a slight decline in the current ratio from September 30, 2022 to December 31, 2024, dropping from 1.81 to 1.61.

Overall, Dow Inc's current ratio demonstrates that the company generally has more than $1 in current assets to cover each dollar of current liabilities. While the recent downward trend in the current ratio may indicate a potential strain on liquidity, further financial analysis is necessary to fully assess the company's short-term financial health.