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
2.15
Integer Holdings Corp
ITGR
2.80
Novanta Inc
NOVT
2.98