General Dynamics Corporation (GD)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,697,000 | 2,101,000 | 1,362,000 | 1,000,000 | 1,913,000 | 1,352,000 | 1,154,000 | 2,038,000 | 1,200,000 | 2,496,000 | 2,223,000 | 2,907,000 | 1,603,000 | 3,139,000 | 3,000,000 | 1,800,000 | 2,824,000 | 1,469,000 | 2,300,000 | 5,330,000 |
| Short-term investments | US$ in thousands | — | — | — | — | 13,000 | — | — | — | 42,000 | — | — | — | 62,000 | — | — | — | 58,000 | 0 | 51,000 | 0 |
| Receivables | US$ in thousands | 11,225,000 | 12,017,000 | 11,720,000 | 11,642,000 | 11,001,000 | 11,585,000 | 11,458,000 | — | 11,803,000 | — | — | — | 11,539,000 | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 17,824,000 | 19,557,000 | 18,257,000 | 16,790,000 | 16,432,000 | 15,962,000 | 15,686,000 | 15,484,000 | 15,341,000 | 15,659,000 | 14,736,000 | 14,036,000 | 13,978,000 | 14,604,000 | 14,981,000 | 15,153,000 | 15,964,000 | 16,120,000 | 16,606,000 | 18,440,000 |
| Quick ratio | 0.72 | 0.72 | 0.72 | 0.75 | 0.79 | 0.81 | 0.80 | 0.13 | 0.85 | 0.16 | 0.15 | 0.21 | 0.94 | 0.21 | 0.20 | 0.12 | 0.18 | 0.09 | 0.14 | 0.29 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,697,000K
+ $—K
+ $11,225,000K)
÷ $17,824,000K
= 0.72
The quick ratio of General Dynamics Corporation has shown fluctuating trends over the reported periods. Initially starting at a low of 0.09 as of September 30, 2020, the ratio increased to 0.94 by December 31, 2021, indicating a significant improvement in the company's liquidity position. Subsequently, there were some variations in the ratio, with values ranging between 0.12 and 0.85. The ratio remained above 0.70 from June 30, 2023, to December 31, 2024, suggesting a relatively healthy liquidity position during these periods. Overall, the quick ratio of General Dynamics Corporation reflects varying degrees of liquidity stability over the analyzed timeframe.
Peer comparison
Dec 31, 2024