Domino's Pizza Inc Common Stock (DPZ)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 905,278 | 817,291 | 790,654 | 860,540 | 869,384 |
| Total current liabilities | US$ in thousands | 1,612,460 | 547,350 | 536,621 | 590,741 | 470,819 |
| Current ratio | 0.56 | 1.49 | 1.47 | 1.46 | 1.85 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $905,278K ÷ $1,612,460K
= 0.56
Domino's Pizza Inc Common Stock's current ratio has shown a decreasing trend over the past few years. Starting at 1.85 in December 31, 2020, it has declined to 1.46 in December 31, 2021, and then remained relatively stable around 1.47 to 1.49 in the subsequent years. However, there was a significant drop to 0.56 by December 31, 2024, which could raise concerns about the company's short-term liquidity and ability to meet its current obligations. It is essential for investors and stakeholders to monitor this ratio closely to ensure the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024