Glaukos Corp (GKOS)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 449,792 | 395,461 | 443,859 | 486,126 | 469,442 |
| Total current liabilities | US$ in thousands | 75,125 | 74,014 | 72,359 | 63,360 | 49,702 |
| Current ratio | 5.99 | 5.34 | 6.13 | 7.67 | 9.45 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $449,792K ÷ $75,125K
= 5.99
The current ratio of Glaukos Corp has been on a declining trend over the past five years. It stood at 9.45 on December 31, 2020, indicating a strong liquidity position, but has gradually decreased to 7.67 by December 31, 2021, 6.13 by December 31, 2022, 5.34 by December 31, 2023, and increased slightly to 5.99 by December 31, 2024.
A current ratio above 1 typically suggests that a company has more current assets than current liabilities, indicating a healthy liquidity position. However, a declining current ratio over time may raise concerns about the company's ability to meet its short-term obligations. Further analysis of Glaukos Corp's current assets and liabilities is recommended to better understand the factors contributing to this trend.
Peer comparison
Dec 31, 2024