EMCOR Group Inc (EME)
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 | 5,389,190 | 5,006,420 | 4,740,790 | 4,508,130 | 4,446,970 | 4,068,900 | 3,809,620 | 3,562,420 | 3,461,970 | 3,379,260 | 3,125,540 | 3,216,400 | 3,390,990 | 3,226,570 | 3,113,350 | 3,105,630 | 3,120,940 | 2,897,090 | 2,679,080 | 2,685,390 |
| Total current liabilities | US$ in thousands | 4,153,860 | 3,925,230 | 3,673,230 | 3,431,480 | 3,518,360 | 3,232,800 | 2,949,460 | 2,661,390 | 2,753,520 | 2,638,800 | 2,402,940 | 2,296,570 | 2,361,730 | 2,250,120 | 2,143,110 | 2,093,410 | 2,163,230 | 1,978,850 | 1,808,210 | 1,786,380 |
| Current ratio | 1.30 | 1.28 | 1.29 | 1.31 | 1.26 | 1.26 | 1.29 | 1.34 | 1.26 | 1.28 | 1.30 | 1.40 | 1.44 | 1.43 | 1.45 | 1.48 | 1.44 | 1.46 | 1.48 | 1.50 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,389,190K ÷ $4,153,860K
= 1.30
The current ratio of EMCOR Group Inc has been showing a moderate declining trend over the past few years, from 1.50 as of March 31, 2020, to 1.30 as of June 30, 2022. This indicates a decrease in the company's ability to cover its short-term liabilities with its current assets. However, it is worth noting that the current ratio has remained above 1, suggesting that the company still has sufficient current assets to meet its current liabilities. EMCOR Group Inc should continue to monitor its current ratio to ensure it remains at a healthy level to support its ongoing operations and financial stability.
Peer comparison
Dec 31, 2024