National Vision Holdings Inc (EYE)
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 | 396,670 | 500,062 | 494,287 | 486,479 | 473,836 | 477,063 | 480,470 | 532,594 | 514,576 | 646,387 | 608,363 | 656,950 | 566,650 | 555,435 | 453,122 | 441,217 | 234,639 | 278,649 | 270,894 | 270,089 |
| Total current liabilities | US$ in thousands | 397,700 | 373,528 | 363,233 | 361,763 | 344,264 | 336,625 | 353,791 | 345,407 | 343,803 | 348,836 | 370,483 | 359,828 | 328,680 | 356,049 | 311,942 | 287,465 | 273,179 | 303,898 | 288,279 | 297,669 |
| Current ratio | 1.00 | 1.34 | 1.36 | 1.34 | 1.38 | 1.42 | 1.36 | 1.54 | 1.50 | 1.85 | 1.64 | 1.83 | 1.72 | 1.56 | 1.45 | 1.53 | 0.86 | 0.92 | 0.94 | 0.91 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $396,670K ÷ $397,700K
= 1.00
The current ratio of National Vision Holdings Inc has shown fluctuation over the past few quarters, ranging from a low of 0.86 to a high of 1.85. A current ratio below 1 indicates that the company may have difficulties in meeting its short-term obligations with its current assets.
The ratio has been above 1 for most quarters, indicating that the company generally has sufficient current assets to cover its short-term liabilities. However, it is important to note that the current ratio has decreased in recent quarters, suggesting a potential decline in the company's liquidity position.
Overall, the current ratio of National Vision Holdings Inc has shown variability but generally indicates a satisfactory level of liquidity to meet its short-term obligations. However, closer monitoring may be required to assess the company's ability to maintain its liquidity position in the future.
Peer comparison
Dec 31, 2023