FTI Consulting Inc (FCN)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,819,510 | 1,555,450 | 1,510,600 | 1,370,030 | 1,129,710 |
| Total current liabilities | US$ in thousands | 931,759 | 892,769 | 769,491 | 718,116 | 670,171 |
| Current ratio | 1.95 | 1.74 | 1.96 | 1.91 | 1.69 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,819,510K ÷ $931,759K
= 1.95
FTI Consulting Inc's current ratio has shown a generally increasing trend over the past five years. As of December 31, 2020, the current ratio stood at 1.69, indicating the company had $1.69 in current assets for every $1 in current liabilities. The ratio improved to 1.91 by December 31, 2021, suggesting the company's short-term liquidity position strengthened.
By December 31, 2022, the current ratio further increased to 1.96, reflecting a robust ability to meet its short-term obligations with current assets. However, there was a slight decrease in the current ratio to 1.74 by December 31, 2023, potentially signaling a temporary liquidity strain or changes in the composition of current assets and liabilities.
The ratio improved again to 1.95 by December 31, 2024, indicating a relatively healthy liquidity position. Overall, FTI Consulting Inc's current ratio has been generally above 1, which traditionally signifies that the company can cover its short-term liabilities comfortably with its current assets. The company's liquidity position has shown some fluctuations, but the recent trend suggests an overall stable short-term financial health.
Peer comparison
Dec 31, 2024