KBR Inc (KBR)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,873,000 | 1,651,000 | 1,747,000 | 2,152,000 | 1,634,000 |
| Total current liabilities | US$ in thousands | 1,782,000 | 1,572,000 | 1,821,000 | 1,875,000 | 1,455,000 |
| Current ratio | 1.05 | 1.05 | 0.96 | 1.15 | 1.12 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,873,000K ÷ $1,782,000K
= 1.05
The current ratio of KBR Inc has shown some fluctuations over the past years. As of December 31, 2020, the current ratio was 1.12, indicating that the company had $1.12 in current assets to cover every $1 of current liabilities. By December 31, 2021, the ratio increased slightly to 1.15, suggesting a strengthening liquidity position. However, this trend reversed in 2022 with a current ratio of 0.96, below the ideal level of 1, which may raise concerns about the company's ability to meet its short-term obligations.
Subsequently, there was an improvement in the current ratio to 1.05 as of December 31, 2023 and it maintained the same level in 2024. A current ratio of 1.05 indicates that KBR Inc had just enough current assets to cover its current liabilities, reflecting a stable liquidity position. Overall, while there have been fluctuations in the current ratio, the company seems to have managed its liquidity adequately in recent years.
Peer comparison
Dec 31, 2024