Littelfuse Inc (LFUS)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,552,010 | 1,408,600 | 1,511,800 | 1,270,210 | 1,217,310 |
| Total current liabilities | US$ in thousands | 433,905 | 375,494 | 572,295 | 434,633 | 275,648 |
| Current ratio | 3.58 | 3.75 | 2.64 | 2.92 | 4.42 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,552,010K ÷ $433,905K
= 3.58
The current ratio of Littelfuse Inc has shown fluctuations over the past five years. Starting at 4.42 in December 2020, the ratio decreased to 2.92 by December 2021 and further to 2.64 by December 2022. However, there was an improvement in liquidity as the ratio increased to 3.75 by December 2023 before slightly decreasing to 3.58 by December 2024.
Overall, the company maintained a healthy current ratio above 2 in the analyzed period, indicating its ability to meet short-term financial obligations with its current assets. Although there were some variations, the current ratio remained at a level that suggests the company has a strong liquidity position over the years.
Peer comparison
Dec 31, 2024