Graham Holdings Co (GHC)

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	2,098,620	2,084,630	1,939,270	1,950,870	1,849,300	1,798,100	1,665,930	1,642,590	1,708,090	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
Total current liabilities	US$ in thousands	1,199,800	1,331,860	1,208,040	1,241,750	1,229,680	1,151,850	1,108,390	1,128,290	1,174,010	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
Current ratio		1.75	1.57	1.61	1.57	1.50	1.56	1.50	1.46	1.45	1.44	1.57	1.69	1.58	1.67	1.82	1.98	1.87	1.66	1.72	1.55

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,098,620K ÷ $1,199,800K
= 1.75

Graham Holdings Co's current ratio, which measures the company's ability to meet its short-term obligations with its current assets, has shown some fluctuation over the past few years. The ratio has generally remained relatively stable, hovering around the range of 1.40 to 1.90.

From March 31, 2020, to December 31, 2022, the current ratio increased steadily from 1.55 to 1.45, indicating an improvement in the company's short-term liquidity position. However, from December 31, 2022, to December 31, 2024, the current ratio experienced some fluctuations, reaching a high of 1.75 by the end of 2024.

Overall, the current ratio of Graham Holdings Co suggests that the company has a reasonable ability to cover its short-term liabilities with its current assets. It is important to further analyze the underlying components of current assets and liabilities to fully assess the company's liquidity position and financial health.