H B Fuller Company (FUL)
Current ratio
| Nov 30, 2024 | Aug 31, 2024 | Jun 1, 2024 | Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,299,200 | 1,330,290 | 1,291,060 | 1,296,850 | 1,312,100 | 1,241,390 | 1,317,950 | 1,340,920 | 1,299,380 | 1,420,930 | 1,409,010 | 1,348,620 | 1,221,170 | 1,204,460 | 1,166,940 | 1,076,600 | 1,019,780 | 989,429 | 1,007,870 | 1,028,230 |
| Total current liabilities | US$ in thousands | 719,290 | 704,947 | 684,067 | 653,177 | 692,811 | 618,346 | 660,832 | 643,176 | 705,732 | 737,391 | 721,983 | 721,936 | 736,850 | 709,734 | 651,672 | 568,245 | 530,132 | 455,436 | 491,762 | 543,315 |
| Current ratio | 1.81 | 1.89 | 1.89 | 1.99 | 1.89 | 2.01 | 1.99 | 2.08 | 1.84 | 1.93 | 1.95 | 1.87 | 1.66 | 1.70 | 1.79 | 1.89 | 1.92 | 2.17 | 2.05 | 1.89 |
November 30, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,299,200K ÷ $719,290K
= 1.81
H B Fuller Company's current ratio has shown some fluctuations over the provided time period. Starting at 1.89 on February 29, 2020, the ratio increased to its highest point of 2.17 on August 29, 2020. However, the ratio then declined to 1.66 on November 27, 2021, indicating a potential liquidity concern. There was a subsequent recovery to 2.08 on March 4, 2023, which was the highest point during the period, suggesting improved short-term liquidity. The ratio then fluctuated around the 1.9 level before dropping to 1.81 on November 30, 2024.
Overall, the current ratio for H B Fuller Company has displayed some variability, which indicates fluctuations in the company's ability to meet its short-term obligations with its current assets. It's important for stakeholders to monitor this trend closely to assess the company's liquidity position and financial health.
Peer comparison
Nov 30, 2024