Genpact Limited (G)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,080,100 | 1,891,510 | 1,779,490 | 1,921,640 | 1,748,870 |
| Total current liabilities | US$ in thousands | 963,739 | 1,317,930 | 1,103,320 | 1,308,800 | 1,202,640 |
| Current ratio | 2.16 | 1.44 | 1.61 | 1.47 | 1.45 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,080,100K ÷ $963,739K
= 2.16
The current ratio of Genpact Limited has exhibited some fluctuations over the past five years. As of December 31, 2020, the current ratio stood at 1.45, indicating that the company had $1.45 in current assets for every $1 in current liabilities.
Over the subsequent years, the current ratio showed a mixed trend. By December 31, 2021, the ratio increased slightly to 1.47, suggesting a modest improvement in the company's ability to meet its short-term obligations.
A more notable increase was observed by December 31, 2022, with the current ratio reaching 1.61. This may indicate enhanced liquidity and a more comfortable position to cover immediate liabilities.
However, the ratio dipped to 1.44 by December 31, 2023, potentially signaling a slight deterioration in the company's short-term liquidity position.
The most significant change occurred by December 31, 2024, where the current ratio surged to 2.16. This substantial increase suggests a significant strengthening of Genpact's ability to cover its short-term obligations with current assets.
Overall, Genpact Limited's current ratio has experienced fluctuations in recent years, with a mix of both improvements and declines. Investors and stakeholders may wish to further investigate the reasons behind these fluctuations to assess the company's short-term liquidity position accurately.
Peer comparison
Dec 31, 2024