Everus Construction Group Inc (ECG)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 917,229 | 766,063 | 788,131 | — |
| Total current liabilities | US$ in thousands | 513,370 | 452,183 | 473,701 | — |
| Current ratio | 1.79 | 1.69 | 1.66 | — |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $917,229K ÷ $513,370K
= 1.79
The current ratio for Everus Construction Group Inc has shown a positive trend over the past few years. From not having data available in December 31, 2021, the current ratio improved to 1.66 in December 31, 2022, further increasing to 1.69 in December 31, 2023, and reaching 1.79 in December 31, 2024. This indicates the company's ability to cover its short-term liabilities with its current assets has strengthened over time. A current ratio above 1 suggests that the company is in a good position to meet its short-term obligations. The consistent improvement in the current ratio is a positive sign of Everus Construction Group Inc's financial health and liquidity position.
Peer comparison
Dec 31, 2024