Alphabet Inc Class C (GOOG)
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 | ||
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Total current assets | US$ in thousands | 163,711,000 | 157,541,000 | 161,995,000 | 165,471,000 | 171,530,000 | 176,310,000 | 168,788,000 | 161,985,000 | 164,795,000 | 166,109,000 | 172,371,000 | 177,853,000 | 188,143,000 | 184,110,000 | 175,697,000 | 172,137,000 | 174,296,000 | 164,369,000 | 149,069,000 | 147,018,000 |
Total current liabilities | US$ in thousands | 89,122,000 | 80,803,000 | 77,913,000 | 76,997,000 | 81,814,000 | 86,295,000 | 77,709,000 | 68,854,000 | 69,300,000 | 65,979,000 | 61,354,000 | 61,948,000 | 64,254,000 | 61,782,000 | 55,741,000 | 55,453,000 | 56,834,000 | 48,200,000 | 43,658,000 | 40,189,000 |
Current ratio | 1.84 | 1.95 | 2.08 | 2.15 | 2.10 | 2.04 | 2.17 | 2.35 | 2.38 | 2.52 | 2.81 | 2.87 | 2.93 | 2.98 | 3.15 | 3.10 | 3.07 | 3.41 | 3.41 | 3.66 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $163,711,000K ÷ $89,122,000K
= 1.84
The current ratio of Alphabet Inc Class C has been on a declining trend based on the provided data. As of December 31, 2024, the current ratio stands at 1.84, indicating a decrease in the company's ability to cover its short-term obligations with its current assets.
A current ratio above 1 typically suggests that a company has more current assets than current liabilities, signaling good liquidity. However, a decreasing current ratio may point to potential issues with managing short-term obligations or inefficient asset utilization.
It is important for investors and stakeholders to monitor the company's current ratio over time to assess its liquidity position and financial health accurately. A declining trend in the current ratio may raise concerns about the company's ability to meet its short-term financial obligations in the future.
Peer comparison
Dec 31, 2024