LCI Industries (LCII)

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	1,160,240	1,244,870	1,218,980	1,169,460	1,116,870	1,230,640	1,235,240	1,364,780	1,390,780	1,505,490	1,697,700	1,827,120	1,566,880	1,360,470	1,215,980	1,068,180	869,801	795,672	697,291	769,399
Total current liabilities	US$ in thousands	412,053	431,974	432,493	409,040	394,992	414,016	441,452	436,031	421,300	500,121	638,243	741,003	627,216	684,131	550,590	534,988	416,394	400,523	309,871	300,037
Current ratio		2.82	2.88	2.82	2.86	2.83	2.97	2.80	3.13	3.30	3.01	2.66	2.47	2.50	1.99	2.21	2.00	2.09	1.99	2.25	2.56

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,160,240K ÷ $412,053K
= 2.82

The current ratio of LCI Industries has shown a fluctuating trend over the past few years, ranging from as low as 1.99 to as high as 3.30. This ratio indicates the company's ability to meet its short-term obligations with its current assets. A current ratio above 1 implies that the company has more current assets than current liabilities, reflecting a healthy liquidity position.

On March 31, 2024, the current ratio stood at 2.86, slightly below the ratio from the previous quarter. This suggests that the company may have experienced a decrease in current assets relative to its current liabilities. While the current ratio is still above 1, indicating that LCI Industries can cover its short-term obligations, management should closely monitor this ratio to ensure sufficient liquidity for operational needs.

Overall, the current ratio of LCI Industries has generally been favorable, demonstrating the company's ability to manage its short-term financial obligations effectively. However, it is important for the company to maintain a balance between current assets and current liabilities to sustain its liquidity position in the long term.