Genpact Limited (G)
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 | 2,080,100 | 2,400,810 | 2,266,080 | 1,830,440 | 1,891,510 | 1,869,550 | 1,748,110 | 1,733,560 | 1,779,490 | 1,758,380 | 1,719,300 | 1,984,730 | 1,921,640 | 2,075,240 | 1,882,110 | 1,711,630 | 1,748,870 | 1,878,710 | 1,916,230 | 1,478,940 |
| Total current liabilities | US$ in thousands | 963,739 | 1,294,730 | 1,197,680 | 1,185,400 | 1,317,930 | 978,958 | 931,443 | 944,524 | 1,103,320 | 1,633,110 | 1,091,290 | 1,383,290 | 1,308,800 | 1,312,350 | 1,240,710 | 843,738 | 1,202,640 | 1,146,650 | 1,283,320 | 944,057 |
| Current ratio | 2.16 | 1.85 | 1.89 | 1.54 | 1.44 | 1.91 | 1.88 | 1.84 | 1.61 | 1.08 | 1.58 | 1.43 | 1.47 | 1.58 | 1.52 | 2.03 | 1.45 | 1.64 | 1.49 | 1.57 |
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 shown fluctuation over the past few years as per the provided data. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets.
From March 31, 2020, to December 31, 2022, the current ratio fluctuated within a range of 1.08 to 2.03. This variability suggests that the company's liquidity position was not consistent during this period, potentially indicating fluctuations in its ability to meet short-term obligations.
However, from March 31, 2023, to December 31, 2024, the current ratio improved and stabilized within a narrower range of 1.44 to 2.16. This improvement suggests that the company may have better managed its short-term assets and liabilities, leading to a more stable liquidity position during this later period.
In conclusion, the analysis of Genpact Limited's current ratio indicates volatility in liquidity position in the earlier years, followed by a more stable and improved performance in the later years. It is essential for the company to maintain a healthy current ratio to ensure its ability to meet short-term obligations efficiently.
Peer comparison
Dec 31, 2024