KBR Inc (KBR)
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 | 1,873,000 | 1,961,000 | 1,825,000 | 1,734,000 | 1,651,000 | 2,092,000 | 2,374,000 | 1,912,000 | 1,747,000 | 1,719,000 | 1,882,000 | 1,774,000 | 2,152,000 | 2,136,000 | 1,726,000 | 1,628,000 | 1,634,000 | 2,207,000 | 1,897,000 | 1,982,000 |
| Total current liabilities | US$ in thousands | 1,782,000 | 1,827,000 | 1,653,000 | 1,579,000 | 1,572,000 | 2,127,000 | 2,252,000 | 1,928,000 | 1,821,000 | 1,389,000 | 1,492,000 | 1,461,000 | 1,875,000 | 1,788,000 | 1,443,000 | 1,419,000 | 1,455,000 | 1,433,000 | 1,495,000 | 1,627,000 |
| Current ratio | 1.05 | 1.07 | 1.10 | 1.10 | 1.05 | 0.98 | 1.05 | 0.99 | 0.96 | 1.24 | 1.26 | 1.21 | 1.15 | 1.19 | 1.20 | 1.15 | 1.12 | 1.54 | 1.27 | 1.22 |
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 period from March 31, 2020, to December 31, 2024. The ratio measures the company's ability to cover its short-term liabilities with its current assets.
Initially, the current ratio increased steadily from 1.22 on March 31, 2020, to 1.54 on September 30, 2020, indicating a stronger ability to meet short-term obligations. However, the ratio started to decline from December 31, 2020, reaching a low of 0.96 on December 31, 2022. This significant drop may suggest potential liquidity concerns for the company during that period.
Subsequently, the current ratio improved on a trajectory from March 31, 2023, to June 30, 2024, fluctuating around 1.05 to 1.10. This stabilization could indicate that the company has taken steps to better manage its current assets and liabilities in the mid-term.
Overall, while there have been fluctuations in KBR Inc's current ratio, the company has generally maintained a ratio above 1, which indicates that it had enough current assets to cover its short-term obligations throughout the period under review. Monitoring the current ratio over time can provide insights into the company's liquidity and financial health.
Peer comparison
Dec 31, 2024