Koppers Holdings Inc (KOP)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 680,600 | 699,000 | 636,800 | 628,100 | 564,500 |
| Total current liabilities | US$ in thousands | 325,800 | 325,900 | 324,000 | 285,700 | 292,100 |
| Current ratio | 2.09 | 2.14 | 1.97 | 2.20 | 1.93 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $680,600K ÷ $325,800K
= 2.09
The current ratio of Koppers Holdings Inc has shown a positive trend over the past five years, increasing from 1.93 in December 31, 2020, to 2.09 in December 31, 2024. This indicates that the company's short-term liquidity position has improved over the years, with a higher ability to cover its current liabilities with current assets. The current ratio peaking at 2.20 on December 31, 2021, suggests stronger short-term financial health during that period. However, a slight dip to 1.97 in December 31, 2022, followed by a subsequent increase to 2.14 in December 31, 2023, may indicate some fluctuations in the company's liquidity management. Overall, the increasing trend in the current ratio signifies a favorable liquidity position for Koppers Holdings Inc.
Peer comparison
Dec 31, 2024