JB Hunt Transport Services Inc (JBHT)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	1,770,980	2,084,910	2,167,540	2,303,840	1,860,970
Total current liabilities	US$ in thousands	1,678,040	1,779,420	1,568,230	1,726,360	1,126,190
Current ratio		1.06	1.17	1.38	1.33	1.65

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,770,980K ÷ $1,678,040K
= 1.06

JB Hunt Transport Services Inc's current ratio has seen fluctuations over the past five years. The company's current ratio was 1.65 as of December 31, 2020, indicating a healthy level of liquidity to meet short-term obligations. However, there has been a gradual decline in the current ratio since then.

As of December 31, 2021, the current ratio decreased to 1.33, suggesting a slight weakening in the company's ability to cover its short-term liabilities with current assets. The ratio improved marginally to 1.38 by December 31, 2022, but then declined significantly to 1.17 by the end of 2023.

The most recent data available shows that as of December 31, 2024, JB Hunt's current ratio further decreased to 1.06. This downward trend in the current ratio raises concerns about the company's short-term liquidity position, as it indicates a potential strain on the ability to fulfill immediate obligations with its current assets.

Overall, JB Hunt Transport Services Inc's current ratio has shown a mixed performance, with a general decline over the years, signaling a need for the company to closely monitor and manage its liquidity position to ensure it can effectively meet short-term financial obligations.