Littelfuse Inc (LFUS)
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 | 1,567,430 | 1,562,520 | 1,463,980 | 1,444,110 | 1,408,600 | 1,458,320 | 1,441,350 | 1,401,600 | 1,511,800 | 1,431,310 | 1,718,820 | 1,318,210 | 1,270,210 | 1,435,940 | 1,318,920 | 1,192,410 | 1,217,310 | 1,148,930 | 1,119,160 | 1,092,480 |
| Total current liabilities | US$ in thousands | 434,573 | 439,866 | 418,189 | 404,972 | 375,494 | 481,646 | 495,680 | 519,638 | 572,295 | 448,810 | 398,769 | 365,344 | 434,633 | 421,640 | 381,692 | 326,545 | 275,648 | 234,606 | 209,157 | 208,215 |
| Current ratio | 3.61 | 3.55 | 3.50 | 3.57 | 3.75 | 3.03 | 2.91 | 2.70 | 2.64 | 3.19 | 4.31 | 3.61 | 2.92 | 3.41 | 3.46 | 3.65 | 4.42 | 4.90 | 5.35 | 5.25 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,567,430K ÷ $434,573K
= 3.61
The current ratio of Littelfuse Inc has fluctuated over the past few years based on the provided data. As of December 31, 2024, the current ratio stood at 3.61, indicating that the company had $3.61 in current assets for every $1 in current liabilities. This suggests that Littelfuse Inc has a strong liquidity position and is able to meet its short-term obligations comfortably.
However, it is important to note that the current ratio has shown a declining trend from a peak of 5.35 in June 2020 to the current level of 3.61 in December 2024. This decline may raise concerns about the company's ability to efficiently manage its current assets and liabilities in the short term.
Overall, while the current ratio of Littelfuse Inc remains above 1, indicating that the company is not facing immediate liquidity issues, the decreasing trend warrants further monitoring to ensure the company maintains a healthy liquidity position in the future.
Peer comparison
Dec 31, 2024