Energizer Holdings Inc (ENR)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	1,471,000	1,556,600	1,568,400	1,488,100	1,601,900	1,590,000	1,641,000	1,594,000	1,550,300	1,439,500	1,414,200	1,357,300	1,340,000	2,210,900	1,618,100	1,266,100	2,067,700	2,036,800	2,075,400	2,178,400
Total current liabilities	US$ in thousands	724,400	734,200	726,100	636,900	697,000	697,900	773,400	738,500	1,015,500	946,400	831,700	779,400	777,800	1,648,400	984,400	892,900	1,144,900	1,069,000	1,105,600	1,016,200
Current ratio		2.03	2.12	2.16	2.34	2.30	2.28	2.12	2.16	1.53	1.52	1.70	1.74	1.72	1.34	1.64	1.42	1.81	1.91	1.88	2.14

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,471,000K ÷ $724,400K
= 2.03

The current ratio of Energizer Holdings Inc has shown consistency over the past eight quarters, ranging from 2.03 to 2.34. The current ratio peaked at 2.34 in Q2 2023 before slightly decreasing in subsequent quarters. Overall, the company has maintained a healthy current ratio above 2.0, indicating a strong ability to meet its short-term obligations with its current assets. This stable performance suggests that Energizer Holdings Inc has sufficient current assets to cover its current liabilities, reflecting a sound financial position in the short term.

Peer comparison

Dec 31, 2023

Company name

Symbol

Current ratio

Energizer Holdings Inc

ENR

2.03

Edgewell Personal Care Co

EPC

1.66

Integer Holdings Corp