National Vision Holdings Inc (EYE)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 249,828 | 396,670 | 473,836 | 514,576 | 566,650 |
| Total current liabilities | US$ in thousands | 468,274 | 397,700 | 344,264 | 343,803 | 328,680 |
| Current ratio | 0.53 | 1.00 | 1.38 | 1.50 | 1.72 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $249,828K ÷ $468,274K
= 0.53
National Vision Holdings Inc's current ratio has been showing a declining trend over the past five years. Starting at 1.72 on December 31, 2020, the current ratio decreased to 1.50 by December 31, 2021, further declining to 1.38 by December 31, 2022. The ratio then dropped notably to 1.00 by December 31, 2023, before decreasing even more significantly to 0.53 by December 31, 2024.
A current ratio below 1.0 may indicate potential liquidity concerns for the company, as it suggests that the firm may have challenges meeting its short-term obligations with its current assets alone. This declining trend in the current ratio warrants further investigation into National Vision Holdings Inc's liquidity position and ability to manage its current liabilities effectively.
Peer comparison
Dec 31, 2024