Ecolab Inc (ECL)
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 | ||
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Total current assets | US$ in thousands | 6,025,700 | 6,118,300 | 5,752,300 | 5,211,700 | 5,644,100 | 5,789,400 | 5,436,500 | 5,272,800 | 5,494,200 | 5,099,300 | 4,905,000 | 4,604,500 | 4,687,100 | 4,986,800 | 5,487,400 | 5,150,000 | 5,117,400 | 4,992,000 | 5,166,200 | 6,437,100 |
Total current liabilities | US$ in thousands | 4,792,800 | 4,709,100 | 3,847,600 | 3,701,100 | 4,345,800 | 4,600,500 | 4,467,500 | 4,489,600 | 4,210,400 | 3,772,300 | 3,806,000 | 3,631,300 | 3,553,200 | 2,894,500 | 2,880,300 | 2,852,200 | 2,932,200 | 3,106,400 | 3,227,700 | 4,257,400 |
Current ratio | 1.26 | 1.30 | 1.50 | 1.41 | 1.30 | 1.26 | 1.22 | 1.17 | 1.30 | 1.35 | 1.29 | 1.27 | 1.32 | 1.72 | 1.91 | 1.81 | 1.75 | 1.61 | 1.60 | 1.51 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $6,025,700K ÷ $4,792,800K
= 1.26
Ecolab Inc's current ratio has exhibited fluctuations over the past few years. Starting at 1.51 on March 31, 2020, the ratio increased to 1.91 by June 30, 2021, indicating a strong ability to meet its short-term obligations. However, the ratio declined steadily, reaching 1.17 by March 31, 2023, before recovering slightly to 1.50 by June 30, 2024. The ratio stood at 1.26 on December 31, 2024. Overall, Ecolab Inc's current ratio has shown some volatility, with both highs and lows, suggesting varying levels of liquidity and short-term financial stability over the analyzed period.
Peer comparison
Dec 31, 2024