Graham Holdings Co (GHC)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	1,849,300	1,798,100	1,665,930	1,642,590	1,679,260	1,639,370	1,601,430	1,767,010	1,847,170	1,701,580	1,640,610	1,837,440	1,774,190	1,519,020	1,408,400	1,449,020	1,663,480	1,534,260	1,485,270	1,477,540
Total current liabilities	US$ in thousands	1,229,680	1,151,850	1,108,390	1,128,290	1,145,170	1,141,060	1,020,420	1,042,890	1,166,340	1,020,610	902,602	927,734	949,646	915,459	818,104	937,379	1,041,870	988,961	814,564	829,756
Current ratio		1.50	1.56	1.50	1.46	1.47	1.44	1.57	1.69	1.58	1.67	1.82	1.98	1.87	1.66	1.72	1.55	1.60	1.55	1.82	1.78

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,849,300K ÷ $1,229,680K
= 1.50

The current ratio of Graham Holdings Co. has been fluctuating over the past eight quarters, ranging from a low of 1.44 in Q3 2022 to a high of 1.69 in Q1 2022. The company's current ratio measures its ability to cover short-term liabilities with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally seen as a positive sign of financial health.

The current ratio of Graham Holdings Co. has been above 1 in all quarters, suggesting that the company has been able to meet its short-term obligations. However, the ratio has shown some variability, with a peak in Q1 2022 followed by some ups and downs in subsequent quarters.

Overall, the current ratio of Graham Holdings Co. appears to be relatively stable and satisfactory, indicating that the company has sufficient current assets to cover its current liabilities. It is important for investors and stakeholders to continue monitoring this ratio to ensure the company's liquidity position remains strong and sustainable over time.