Green Brick Partners Inc (GRBK)

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	2,111,290	2,034,020	1,964,940	1,909,330	1,743,310	1,798,590	1,724,460	1,575,960	1,521,240	1,527,240	1,465,680	1,414,790	1,304,170	1,230,330	1,170,260	971,889	883,494	835,860	816,929	889,280
Total current liabilities	US$ in thousands	59,746	278,721	244,159	219,408	195,150	212,730	199,966	195,849	189,592	246,933	248,130	229,496	170,905	182,960	166,886	145,308	67,062	102,313	68,113	62,824
Current ratio		35.34	7.30	8.05	8.70	8.93	8.45	8.62	8.05	8.02	6.18	5.91	6.16	7.63	6.72	7.01	6.69	13.17	8.17	11.99	14.16

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,111,290K ÷ $59,746K
= 35.34

The current ratio of Green Brick Partners Inc has shown fluctuations over the years. As of December 31, 2024, the current ratio spiked significantly to 35.34, indicating a very strong short-term liquidity position. This spike may be attributed to a substantial increase in current assets relative to current liabilities. It is essential for the management to further investigate the reason behind this anomaly and ensure sustained stability in the company's liquidity position. It is noteworthy that the current ratio was relatively stable in the previous periods, ranging between 5.91 and 13.17, reflecting a generally healthy liquidity position during those quarters. Monitoring the current ratio closely and understanding the underlying factors impacting it will be crucial for the company's financial health and decision-making process going forward.