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
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.


See also:

Alphabet Inc Class C Current Ratio (Quarterly Data)