GE Aerospace (GE)

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	37,635,000	38,649,000	37,352,000	59,589,000	42,556,000	56,434,000	60,213,000	60,286,000	58,384,000	60,082,000	60,658,000	63,299,000	66,348,000	103,587,000	102,411,000	113,198,000	84,853,000	37,545,000	37,757,000	48,129,000
Total current liabilities	US$ in thousands	34,392,000	34,093,000	32,750,000	51,087,000	32,103,000	48,164,000	48,108,000	48,177,000	49,428,000	54,657,000	53,883,000	53,344,000	51,953,000	57,676,000	56,639,000	57,681,000	54,613,000	38,817,000	43,258,000	52,742,000
Current ratio		1.09	1.13	1.14	1.17	1.33	1.17	1.25	1.25	1.18	1.10	1.13	1.19	1.28	1.80	1.81	1.96	1.55	0.97	0.87	0.91

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $37,635,000K ÷ $34,392,000K
= 1.09

The current ratio of GE Aerospace has been fluctuating over the past few years, ranging from a low of 0.87 in June 2020 to a high of 1.96 in March 2021. The ratio improved significantly from 2020 to 2021, indicating a better ability to meet short-term obligations with its current assets.

However, there has been some volatility in the current ratio since 2021, with fluctuations in the range of 1.13 to 1.81, suggesting some variability in the company's liquidity position. The current ratio hovered around 1.1 to 1.3 in most recent quarters, which generally indicates that GE Aerospace has an acceptable level of current assets to cover its short-term liabilities.

Overall, while there have been fluctuations in the current ratio, GE Aerospace seems to have maintained a relatively stable liquidity position over the analyzed period, with the ratio generally above 1, reflecting a healthy liquidity position and the ability to meet its short-term financial obligations.