Leidos Holdings Inc (LDOS)
Current ratio
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 4,428,000 | 4,665,000 | 4,150,000 | 4,005,000 | 3,991,000 | 3,576,000 | 3,665,000 | 3,643,000 | 3,841,000 | 3,526,000 | 3,487,000 | 3,619,000 | 3,569,000 | 3,263,000 | 3,257,000 | 3,339,000 | 3,199,000 | 3,052,000 | 2,868,000 | 2,812,000 |
| Total current liabilities | US$ in thousands | 3,654,000 | 3,782,000 | 3,084,000 | 2,990,000 | 3,040,000 | 2,855,000 | 3,161,000 | 3,947,000 | 4,141,000 | 3,906,000 | 3,494,000 | 3,229,000 | 3,347,000 | 3,108,000 | 2,920,000 | 2,907,000 | 3,398,000 | 3,429,000 | 4,290,000 | 2,333,000 |
| Current ratio | 1.21 | 1.23 | 1.35 | 1.34 | 1.31 | 1.25 | 1.16 | 0.92 | 0.93 | 0.90 | 1.00 | 1.12 | 1.07 | 1.05 | 1.12 | 1.15 | 0.94 | 0.89 | 0.67 | 1.21 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,428,000K ÷ $3,654,000K
= 1.21
Leidos Holdings Inc's current ratio has exhibited fluctuations in the recent quarters. The current ratio indicates the company's ability to meet its short-term obligations with its current assets. From December 31, 2019, to September 30, 2022, the current ratio fluctuated between 0.67 to 1.21, reflecting some variability in the company's short-term liquidity position.
More recently, from March 31, 2023, to December 31, 2024, the current ratio has shown improvement, ranging from 1.16 to 1.21. This uptrend suggests that Leidos Holdings Inc has improved its capability to cover its short-term liabilities with current assets during this period.
Overall, the current ratio trend of Leidos Holdings Inc demonstrates variability in the short term but with a more stable and improved liquidity position in the recent quarters, providing a positive outlook regarding the company's ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024