IAC Inc. (IAC)
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 | 2,485,040 | 2,400,900 | 2,368,290 | 2,311,160 | 2,240,590 | 2,212,050 | 2,198,410 | 2,379,720 | 2,561,140 | 2,481,160 | 2,738,490 | 2,784,300 | 3,098,890 | 3,912,630 | 3,888,770 | 4,384,840 | 4,119,320 | 4,205,470 | 3,288,330 | 2,481,450 |
| Total current liabilities | US$ in thousands | 886,192 | 874,516 | 885,019 | 855,461 | 950,490 | 1,023,210 | 1,034,190 | 998,547 | 1,079,990 | 1,085,250 | 1,313,830 | 1,331,540 | 1,607,660 | 748,636 | 642,676 | 776,944 | 750,901 | 780,235 | 704,550 | 663,279 |
| Current ratio | 2.80 | 2.75 | 2.68 | 2.70 | 2.36 | 2.16 | 2.13 | 2.38 | 2.37 | 2.29 | 2.08 | 2.09 | 1.93 | 5.23 | 6.05 | 5.64 | 5.49 | 5.39 | 4.67 | 3.74 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,485,040K ÷ $886,192K
= 2.80
The current ratio of IAC Inc. has shown fluctuation over the past few years. The ratio has generally been above 2, indicating a healthy liquidity position, but there have been significant variations.
From March 31, 2020, to June 30, 2021, the current ratio steadily increased from 3.74 to 6.05, suggesting a strengthening liquidity position during this period.
However, starting from September 30, 2021, the current ratio began to decline, reaching a low of 1.93 on December 31, 2021. This sharp decrease may indicate potential liquidity challenges or a shift in the company's working capital management.
Subsequently, the current ratio recovered somewhat but remained relatively stable between 2.08 and 2.80 from March 31, 2022, to December 31, 2024. While the ratio improved from the low point in 2021, it did not return to the high levels seen in 2021.
Overall, the current ratio of IAC Inc. has shown variability, reflecting fluctuations in the company's short-term liquidity position and potentially highlighting the need for careful monitoring and management of its current assets and liabilities in the future.
Peer comparison
Dec 31, 2024