Flowers Foods Inc (FLO)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Oct 7, 2023	Sep 30, 2023	Jul 15, 2023	Jun 30, 2023	Apr 22, 2023	Mar 31, 2023	Dec 31, 2022	Oct 8, 2022	Sep 30, 2022	Jun 30, 2022	Apr 23, 2022	Mar 31, 2022	Dec 31, 2021	Oct 9, 2021	Sep 30, 2021
Total current assets	US$ in thousands	656,364	707,724	702,767	688,404	687,713	714,579	714,579	748,940	748,940	715,853	715,853	804,940	835,416	977,251	971,775	818,866	818,866	900,428	849,333	849,333
Total current liabilities	US$ in thousands	548,603	569,061	589,497	622,394	659,152	669,859	669,859	555,457	555,457	542,119	542,119	564,425	594,531	594,531	570,161	538,024	538,024	519,917	536,591	536,591
Current ratio		1.20	1.24	1.19	1.11	1.04	1.07	1.07	1.35	1.35	1.32	1.32	1.43	1.41	1.64	1.70	1.52	1.52	1.73	1.58	1.58

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $656,364K ÷ $548,603K
= 1.20

Flowers Foods Inc's current ratio has shown some fluctuations over the past few years. Initially, the current ratio was relatively stable around 1.5 to 1.7 from September 2021 to June 2022. However, there was a slight decline in the current ratio to 1.41 by October 2022, indicating a potential liquidity risk.

The company's current ratio improved again to 1.43 by December 2022 but decreased steadily over the following quarters, reaching its lowest point of 1.04 by December 2023. This downward trend suggests potential challenges in managing short-term obligations with current assets.

Subsequently, there was a modest recovery in the current ratio to 1.19 by June 2024, indicating some improvement in the company's liquidity position. However, the current ratio remained below its initial levels, standing at 1.20 by December 2024.

Overall, Flowers Foods Inc's current ratio has fluctuated over the analyzed period, showing periods of stronger liquidity and moments of potential strain. It would be essential for the company to monitor its current assets and liabilities closely to maintain a healthy balance between short-term obligations and available resources.