Jack In The Box Inc (JACK)

Current ratio

		Sep 30, 2024	Jul 7, 2024	Apr 14, 2024	Jan 21, 2024	Sep 30, 2023	Jul 9, 2023	Apr 16, 2023	Jan 22, 2023	Sep 30, 2022	Jul 10, 2022	Apr 17, 2022	Jan 23, 2022	Sep 30, 2021	Jun 30, 2021	Apr 11, 2021	Jan 17, 2021	Sep 30, 2020	Jul 5, 2020	Apr 12, 2020	Jan 19, 2020
Total current assets	US$ in thousands	181,277	189,273	194,307	188,913	325,984	295,536	249,989	264,350	282,993	204,932	171,948	162,556	168,958	189,207	212,023	359,837	335,581	310,132	265,952	118,353
Total current liabilities	US$ in thousands	434,259	438,501	439,684	426,909	559,620	524,034	498,763	461,315	521,683	467,830	418,723	277,914	329,066	325,650	302,392	297,129	340,354	352,851	345,712	314,321
Current ratio		0.42	0.43	0.44	0.44	0.58	0.56	0.50	0.57	0.54	0.44	0.41	0.58	0.51	0.58	0.70	1.21	0.99	0.88	0.77	0.38

September 30, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $181,277K ÷ $434,259K
= 0.42

The current ratio of Jack In The Box Inc has shown fluctuations over the past few quarters, indicating potential changes in the company's liquidity position. As of September 30, 2024, the current ratio stands at 0.42, which suggests that the company may have difficulty meeting its short-term obligations with its current assets alone.

Comparing this current ratio to historical data, we observe a decreasing trend starting from January 2024. This downward trend continued until reaching the lowest point in September 2024. The declining current ratio could be a signal of weakening liquidity health and potential cash flow challenges for Jack In The Box Inc.

Further analysis and investigation into the company's current assets and liabilities composition and management's working capital strategies would provide more insights into the reasons behind the decreasing trend in the current ratio. Investors and stakeholders should closely monitor these liquidity metrics to assess the company's ability to meet its short-term financial obligations and manage its working capital effectively.