Fluor Corporation (FLR)
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 | 5,175,000 | 5,265,000 | 5,017,000 | 4,911,000 | 5,063,000 | 5,060,000 | 4,878,000 | 4,837,000 | 5,044,000 | 4,991,000 | 4,642,000 | 4,557,000 | 5,562,640 | 5,281,380 | 5,926,160 | 5,169,540 | 5,034,010 | 5,129,490 | 5,516,270 | 5,129,490 |
| Total current liabilities | US$ in thousands | 3,071,000 | 2,982,000 | 2,837,000 | 2,947,000 | 3,163,000 | 3,140,000 | 3,190,000 | 3,166,000 | 3,216,000 | 3,211,000 | 3,126,000 | 3,195,000 | 3,904,060 | 3,624,900 | 3,735,030 | 3,441,340 | 3,572,040 | 3,710,550 | 3,932,060 | 3,710,550 |
| Current ratio | 1.69 | 1.77 | 1.77 | 1.67 | 1.60 | 1.61 | 1.53 | 1.53 | 1.57 | 1.55 | 1.48 | 1.43 | 1.42 | 1.46 | 1.59 | 1.50 | 1.41 | 1.38 | 1.40 | 1.38 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,175,000K ÷ $3,071,000K
= 1.69
Fluor Corporation's current ratio has shown a generally positive trend over the past few years, indicating an improving liquidity position. The ratio has consistently stayed above 1, suggesting that the company has had sufficient current assets to cover its current liabilities. The current ratio increased from 1.38 as of March 31, 2020, to a peak of 1.77 on June 30, 2024, before decreasing slightly to 1.69 by December 31, 2024.
This upward trend in the current ratio reflects the company's ability to meet its short-term obligations and suggests better financial health and operational efficiency. It also indicates that Fluor Corporation has been able to effectively manage its working capital and maintain a healthy balance between current assets and liabilities over the analyzed period.
Peer comparison
Dec 31, 2024