Halozyme Therapeutics Inc (HALO)

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	1,085,340	1,126,980	987,797	873,584	746,424	879,006	765,745	615,019	739,013	653,201	541,938	988,689	926,287	1,017,300	999,750	941,719	554,764	498,895	500,358	467,971
Total current liabilities	US$ in thousands	139,100	108,815	133,360	131,639	112,494	115,185	116,393	91,919	130,789	109,384	199,512	111,691	117,147	113,153	114,251	107,421	421,385	26,976	26,073	42,002
Current ratio		7.80	10.36	7.41	6.64	6.64	7.63	6.58	6.69	5.65	5.97	2.72	8.85	7.91	8.99	8.75	8.77	1.32	18.49	19.19	11.14

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,085,340K ÷ $139,100K
= 7.80

The current ratio of Halozyme Therapeutics Inc has exhibited significant fluctuations over the periods reported. The current ratio measures the company's ability to cover its short-term liabilities with its current assets.

From December 31, 2020, to June 30, 2021, the current ratio declined sharply from 1.32 to 8.75, indicating a significant improvement in the company's short-term liquidity position.

Over the subsequent quarters, the current ratio ranged between 5.65 and 8.99, reflecting relatively stable liquidity levels. However, there was a notable decrease in the current ratio to 2.72 on June 30, 2022, signaling a potential deterioration in the company's ability to meet its short-term obligations with current assets.

The current ratio improved from September 30, 2022, to September 30, 2024, reaching a peak of 10.36 on September 30, 2024, suggesting a strengthened short-term liquidity position during this period.

It is important for investors and stakeholders to closely monitor the current ratio of Halozyme Therapeutics Inc to assess its liquidity risk and financial stability. Fluctuations in the current ratio may indicate changes in the company's ability to manage its short-term obligations effectively.