Floor & Decor Holdings Inc (FND)
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 | 1,492,380 | 1,388,860 | 1,342,200 | 1,256,080 | 1,316,640 | 1,336,100 | 1,335,530 | 1,328,470 | 1,457,480 | 1,497,090 | 1,511,270 | 1,322,480 | 1,273,340 | 1,294,210 | 1,165,440 | 1,061,880 | 1,040,460 | 973,969 | 829,981 | 950,995 |
| Total current liabilities | US$ in thousands | 1,244,190 | 1,193,020 | 1,149,190 | 1,073,640 | 1,152,010 | 1,174,380 | 1,116,180 | 1,006,530 | 1,006,760 | 1,061,430 | 1,197,280 | 1,093,320 | 1,032,020 | 1,011,990 | 860,214 | 672,978 | 698,836 | 618,918 | 533,690 | 506,497 |
| Current ratio | 1.20 | 1.16 | 1.17 | 1.17 | 1.14 | 1.14 | 1.20 | 1.32 | 1.45 | 1.41 | 1.26 | 1.21 | 1.23 | 1.28 | 1.35 | 1.58 | 1.49 | 1.57 | 1.56 | 1.88 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,492,380K ÷ $1,244,190K
= 1.20
Floor & Decor Holdings Inc's current ratio has exhibited some fluctuations over the past few years. From March 31, 2020, to December 31, 2021, the current ratio decreased from 1.88 to 1.23, indicating a decline in the company's ability to meet its short-term obligations with its current assets. However, there was a slight improvement by March 31, 2022, with the current ratio increasing to 1.21.
Subsequently, the current ratio continued to fluctuate within a relatively narrow range, hovering between 1.14 and 1.45 from March 31, 2022, to September 30, 2024. These fluctuations suggest some instability in Floor & Decor Holdings Inc's short-term liquidity position during this period.
Overall, while the current ratio has shown some variability, it has generally remained above 1, indicating that the company has had sufficient current assets to cover its short-term liabilities. However, management may need to closely monitor and manage the company's current assets and liabilities to ensure the sustainability of its liquidity position in the future.
Peer comparison
Dec 31, 2024