Geo Group Inc (GEO)
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 | 500,179 | 484,498 | 490,413 | 531,490 | 528,505 | 538,659 | 451,976 | 501,248 | 555,008 | 515,727 | 1,023,410 | 1,022,820 | 943,908 | 932,989 | 868,640 | 700,963 | 711,323 | 500,073 | 510,320 | 476,526 |
| Total current liabilities | US$ in thousands | 340,223 | 441,638 | 388,863 | 420,929 | 437,464 | 433,326 | 347,208 | 396,098 | 437,212 | 427,425 | 389,205 | 408,371 | 378,842 | 420,605 | 385,732 | 423,056 | 411,296 | 421,877 | 400,921 | 385,319 |
| Current ratio | 1.47 | 1.10 | 1.26 | 1.26 | 1.21 | 1.24 | 1.30 | 1.27 | 1.27 | 1.21 | 2.63 | 2.50 | 2.49 | 2.22 | 2.25 | 1.66 | 1.73 | 1.19 | 1.27 | 1.24 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $500,179K ÷ $340,223K
= 1.47
Geo Group Inc's current ratio has exhibited fluctuations over the past few years, indicating varying levels of liquidity. The ratio was relatively stable around 1.2 to 1.3 in the period from March 2020 to June 2022. However, there was a significant increase from June 2022 to December 2022, with the current ratio reaching 2.63, indicating improved short-term liquidity.
After peaking in June 2022, the current ratio declined consistently over the next few quarters, dropping to 1.10 by September 2024. This suggests potential challenges in managing short-term obligations and assets. Overall, the current ratio of Geo Group Inc reflects a mixed performance in terms of liquidity management during the period under review.
Peer comparison
Dec 31, 2024