Exponent Inc (EXPO)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	446,881	379,532	349,157	452,762	366,832
Total current liabilities	US$ in thousands	163,183	161,909	159,029	152,982	117,308
Current ratio		2.74	2.34	2.20	2.96	3.13

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $446,881K ÷ $163,183K
= 2.74

The current ratio of Exponent Inc has shown a steady decline over the past five years, starting at 3.13 in December 31, 2020, and decreasing to 2.74 by December 31, 2024. While a current ratio above 1 generally indicates the company has more current assets than current liabilities to cover its short-term obligations, the decreasing trend may suggest potential liquidity challenges. However, it is important to consider the industry norms and any specific circumstances impacting the company's liquidity position before drawing definitive conclusions.

Peer comparison

Dec 31, 2024

Company name

Symbol

Current ratio

Exponent Inc

EXPO

2.74