National Vision Holdings Inc (EYE)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 249,828 | 243,715 | 364,402 | 378,912 | 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 |
| Total current liabilities | US$ in thousands | 468,274 | 426,123 | 663,161 | 375,006 | 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 |
| Current ratio | 0.53 | 0.57 | 0.55 | 1.01 | 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 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $249,828K ÷ $468,274K
= 0.53
The current ratio of National Vision Holdings Inc has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The current ratio indicates the company's ability to meet its short-term obligations with its current assets.
The company's current ratio started at 1.53 on March 31, 2020, and generally increased, reaching a peak of 1.85 on September 30, 2021. This suggests that the company had a strong ability to cover its short-term liabilities with its current assets during that period.
However, from June 30, 2022, to December 31, 2024, the current ratio saw a declining trend, dropping to as low as 0.53 by December 31, 2024. A current ratio below 1 indicates that the company may have difficulty meeting its short-term obligations with its current assets alone.
Overall, the decreasing trend in the current ratio from June 30, 2022, to December 31, 2024, may suggest potential liquidity challenges for National Vision Holdings Inc. It is important for the company to closely monitor its current assets and liabilities to ensure it can meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024