FTI Consulting Inc (FCN)
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 | 1,819,510 | 1,715,970 | 1,569,210 | 1,544,700 | 1,555,450 | 1,567,230 | 1,480,280 | 1,352,400 | 1,510,600 | 1,393,420 | 1,291,720 | 1,221,390 | 1,370,030 | 1,268,490 | 1,213,460 | 1,151,150 | 1,129,710 | 1,175,730 | 1,127,340 | 1,066,450 |
| Total current liabilities | US$ in thousands | 931,759 | 823,176 | 713,894 | 627,700 | 892,769 | 708,531 | 644,701 | 538,452 | 769,491 | 648,999 | 570,894 | 509,930 | 718,116 | 645,622 | 562,562 | 495,778 | 670,171 | 608,261 | 517,468 | 451,341 |
| Current ratio | 1.95 | 2.08 | 2.20 | 2.46 | 1.74 | 2.21 | 2.30 | 2.51 | 1.96 | 2.15 | 2.26 | 2.40 | 1.91 | 1.96 | 2.16 | 2.32 | 1.69 | 1.93 | 2.18 | 2.36 |
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 exhibited fluctuations over the years, indicating changes in its short-term liquidity position. The current ratio, which measures the company's ability to cover its short-term liabilities with its current assets, ranged from a high of 2.51 on March 31, 2023, to a low of 1.69 on December 31, 2020.
The company's current ratio generally remained above 2.00, suggesting that FTI Consulting Inc has a strong ability to meet its short-term obligations using its current assets. However, there were instances where the current ratio dipped below 2.00, such as on December 31, 2021, and December 31, 2024, potentially indicating a temporary strain on liquidity.
Overall, FTI Consulting Inc's current ratio trended upwards from 2020 to 2023, peaking in March 2023 before experiencing a slight decline by December 2024. This indicates that the company maintained a healthy liquidity position during most periods, though periodic monitoring is advised to ensure continued financial stability.
Peer comparison
Dec 31, 2024