Keurig Dr Pepper Inc (KDP)

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	3,997,000	4,102,000	3,819,000	3,567,000	3,375,000	3,406,000	3,570,000	3,586,000	3,804,000	4,325,000	3,771,000	3,490,000	3,057,000	2,803,000	2,616,000	2,665,000	2,388,000	2,416,000	2,240,000	2,277,000
Total current liabilities	US$ in thousands	8,087,000	7,699,000	7,509,000	7,004,000	8,916,000	8,814,000	9,056,000	9,127,000	8,076,000	7,233,000	6,761,000	6,448,000	6,485,000	6,795,000	6,917,000	7,225,000	7,694,000	7,329,000	7,298,000	6,858,000
Current ratio		0.49	0.53	0.51	0.51	0.38	0.39	0.39	0.39	0.47	0.60	0.56	0.54	0.47	0.41	0.38	0.37	0.31	0.33	0.31	0.33

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,997,000K ÷ $8,087,000K
= 0.49

The current ratio of Keurig Dr Pepper Inc has shown fluctuation over the past few years, ranging from as low as 0.31 to as high as 0.60. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A higher current ratio indicates a stronger ability to meet short-term obligations.

Over the period analyzed, the current ratio has generally been improving, reaching its peak at 0.60 on September 30, 2022. However, it dipped to 0.38 by December 31, 2023, before recovering slightly to 0.51 by June 30, 2024.

It is important for investors and creditors to closely monitor the trend of the current ratio to assess the company's liquidity position and financial health. Overall, while the current ratio has shown some volatility, the recent uptick to 0.51 on June 30, 2024, indicates a relatively stronger position to meet short-term obligations compared to the previous periods.