Domino's Pizza Inc Common Stock (DPZ)
Current ratio
| Dec 31, 2024 | Sep 8, 2024 | Jun 16, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 905,278 | 872,257 | 986,098 | 894,466 | 817,291 | 795,632 | 799,618 | 827,739 | 790,654 | 826,398 | 845,870 | 861,237 | 860,540 | 1,026,000 | 980,850 | 925,802 | 869,384 | 956,521 | 927,109 | 794,374 |
| Total current liabilities | US$ in thousands | 1,612,460 | 510,508 | 507,828 | 509,593 | 547,350 | 562,941 | 547,528 | 556,365 | 536,621 | 578,737 | 575,449 | 594,824 | 590,741 | 596,354 | 554,354 | 501,835 | 470,819 | 488,525 | 459,868 | 452,169 |
| Current ratio | 0.56 | 1.71 | 1.94 | 1.76 | 1.49 | 1.41 | 1.46 | 1.49 | 1.47 | 1.43 | 1.47 | 1.45 | 1.46 | 1.72 | 1.77 | 1.84 | 1.85 | 1.96 | 2.02 | 1.76 |
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 fluctuations over the given time period, ranging from a low of 0.56 on December 31, 2024, to a high of 2.02 on June 14, 2020. The current ratio measures the company's ability to cover its short-term obligations with its current assets. Typically, a current ratio above 1 indicates that the company has more current assets than current liabilities, which is considered a favorable position.
The trend in Domino's Pizza Inc Common Stock's current ratio shows some volatility, with periodic decreases and increases. There was a notable decline in the current ratio from September 2021 to December 2021, where it dropped from 1.72 to 1.46. However, there was a recovery in the current ratio in the subsequent periods.
It is important for investors and analysts to understand the reasons behind these fluctuations in the current ratio. Factors such as changes in current assets, current liabilities, or overall business operations can impact the ratio. Monitoring the current ratio over time can provide insights into the company's liquidity position and its ability to meet short-term obligations.
Peer comparison
Dec 31, 2024