Kimberly-Clark Corporation (KMB)
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 | 5,580,000 | 5,847,000 | 5,949,000 | 5,600,000 | 5,703,000 | 5,727,000 | 5,744,000 | 5,851,000 | 5,729,000 | 5,625,000 | 5,662,000 | 5,903,000 | 5,565,000 | 5,626,000 | 5,572,000 | 5,143,000 | 5,174,000 | 6,075,000 | 5,904,000 | 5,646,000 |
| Total current liabilities | US$ in thousands | 7,004,000 | 7,066,000 | 7,011,000 | 6,878,000 | 6,930,000 | 6,831,000 | 6,598,000 | 7,094,000 | 7,334,000 | 7,197,000 | 7,209,000 | 7,257,000 | 6,749,000 | 7,258,000 | 7,244,000 | 6,694,000 | 6,443,000 | 6,102,000 | 6,494,000 | 6,483,000 |
| Current ratio | 0.80 | 0.83 | 0.85 | 0.81 | 0.82 | 0.84 | 0.87 | 0.82 | 0.78 | 0.78 | 0.79 | 0.81 | 0.82 | 0.78 | 0.77 | 0.77 | 0.80 | 1.00 | 0.91 | 0.87 |
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 some fluctuations over the past few years, ranging from 0.77 to 1.00. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A ratio below 1 indicates that the company may have difficulty meeting its short-term obligations. In Kimberly-Clark's case, the current ratio has generally been below 1, indicating that the company may have had challenges in meeting its short-term liabilities with its current assets.
The ratio improved slightly in the middle of 2020, reaching 1.00, which suggests the company's short-term liquidity position temporarily strengthened. However, the ratio declined again in subsequent periods, hovering around 0.80 to 0.85. This downward trend indicates that Kimberly-Clark may have faced challenges in managing its short-term liquidity during this time frame.
Overall, the current ratio of Kimberly-Clark Corporation has been below 1, indicating a potential liquidity risk in covering short-term obligations with current assets. It would be important for the company to monitor and improve its liquidity management strategies to ensure it can meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024