Alphabet Inc Class C (GOOG)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 163,711,000 | 171,530,000 | 164,795,000 | 188,143,000 | 174,296,000 |
| Total current liabilities | US$ in thousands | 89,122,000 | 81,814,000 | 69,300,000 | 64,254,000 | 56,834,000 |
| Current ratio | 1.84 | 2.10 | 2.38 | 2.93 | 3.07 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $163,711,000K ÷ $89,122,000K
= 1.84
Alphabet Inc Class C's current ratio has exhibited a declining trend over the past five years. The current ratio stood at 3.07 on December 31, 2020, indicating that the company had $3.07 in current assets to cover each dollar of current liabilities. However, this ratio decreased to 1.84 on December 31, 2024, signaling a decrease in short-term liquidity.
The decreasing current ratio suggests that Alphabet Inc Class C may face challenges in meeting its short-term financial obligations as compared to the earlier years. It is important for investors and stakeholders to closely monitor this trend, as a low current ratio could indicate potential liquidity issues that may impact the company's operations and financial health.
Peer comparison
Dec 31, 2024