Kimberly-Clark Corporation (KMB)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 5,580,000 | 5,703,000 | 5,729,000 | 5,565,000 | 5,174,000 |
| Total current liabilities | US$ in thousands | 7,004,000 | 6,930,000 | 7,334,000 | 6,749,000 | 6,443,000 |
| Current ratio | 0.80 | 0.82 | 0.78 | 0.82 | 0.80 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,580,000K ÷ $7,004,000K
= 0.80
The current ratio of Kimberly-Clark Corporation has shown fluctuations over the past five years. As of December 31, 2020, the current ratio was 0.80, indicating that the company had $0.80 in current assets for every dollar of current liabilities. The ratio increased slightly to 0.82 by December 31, 2021, before decreasing to 0.78 by December 31, 2022. However, by December 31, 2023, the current ratio had improved back to 0.82. As of the latest reporting period on December 31, 2024, the current ratio was 0.80.
Overall, the current ratio of Kimberly-Clark Corporation has remained relatively stable around the 0.80-0.82 range, suggesting that the company has been able to manage its short-term obligations with its current assets consistently over the past five years. A current ratio above 1.0 is generally considered healthy, as it indicates that the company has more current assets than current liabilities. While Kimberly-Clark's current ratio has been below 1.0, the consistent performance within the 0.80-0.82 range indicates a prudent approach to managing working capital and short-term liquidity.
Peer comparison
Dec 31, 2024