Koppers Holdings Inc (KOP)
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 | 680,600 | 730,100 | 721,400 | 707,700 | 699,000 | 699,500 | 713,500 | 710,600 | 636,800 | 608,800 | 641,400 | 684,200 | 628,100 | 614,200 | 609,800 | 609,000 | 564,500 | 539,000 | 573,100 | 604,900 |
| Total current liabilities | US$ in thousands | 325,800 | 287,000 | 284,900 | 308,900 | 325,900 | 312,900 | 294,100 | 316,000 | 324,000 | 293,800 | 303,300 | 299,800 | 285,700 | 266,800 | 265,200 | 266,900 | 292,100 | 271,500 | 292,800 | 322,800 |
| Current ratio | 2.09 | 2.54 | 2.53 | 2.29 | 2.14 | 2.24 | 2.43 | 2.25 | 1.97 | 2.07 | 2.11 | 2.28 | 2.20 | 2.30 | 2.30 | 2.28 | 1.93 | 1.99 | 1.96 | 1.87 |
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 fluctuations over the past few years, ranging from a low of 1.87 in March 2020 to a high of 2.54 in September 2024. The current ratio measures the company's ability to cover its short-term liabilities with its current assets, with a ratio above 1 indicating that the company has more current assets than current liabilities.
Overall, the current ratio has generally been above 2 since March 2021, suggesting that Koppers Holdings Inc has maintained a healthy level of liquidity to meet its short-term obligations. The ratio peaked at 2.54 in September 2024, indicating a strong ability to cover its current liabilities with current assets. However, there was a slight decline in the ratio to 2.09 by December 2024, which may warrant further monitoring to ensure the company can continue to meet its short-term obligations comfortably.
It is important for investors and stakeholders to analyze the trend of the current ratio over time to assess the company's liquidity position and its ability to manage short-term financial obligations effectively.
Peer comparison
Dec 31, 2024