Linde plc Ordinary Shares (LIN)
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 | 12,945,000 | 13,460,000 | 12,843,000 | 13,102,000 | 12,620,000 | 11,737,000 | 11,411,000 | 12,904,000 | 13,047,000 | 11,203,000 | 11,272,000 | 12,257,000 | 10,159,000 | 12,007,000 | 10,446,000 | 11,132,000 | 10,924,000 | 12,265,000 | 12,073,000 | 11,513,000 |
| Total current liabilities | US$ in thousands | 14,544,000 | 14,049,000 | 13,504,000 | 14,389,000 | 15,717,000 | 14,162,000 | 14,552,000 | 17,785,000 | 16,479,000 | 15,061,000 | 15,295,000 | 14,506,000 | 13,643,000 | 14,758,000 | 14,676,000 | 15,027,000 | 13,740,000 | 14,792,000 | 15,095,000 | 15,490,000 |
| Current ratio | 0.89 | 0.96 | 0.95 | 0.91 | 0.80 | 0.83 | 0.78 | 0.73 | 0.79 | 0.74 | 0.74 | 0.84 | 0.74 | 0.81 | 0.71 | 0.74 | 0.80 | 0.83 | 0.80 | 0.74 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $12,945,000K ÷ $14,544,000K
= 0.89
The current ratio of Linde plc Ordinary Shares has fluctuated over the periods provided in the data. From March 31, 2020, to December 31, 2024, the ratio has varied between 0.71 and 0.96.
The current ratio measures the ability of a company to meet its short-term obligations with its current assets. A ratio below 1 indicates that the company may have difficulty meeting its short-term liabilities with its current assets.
In the case of Linde plc, the current ratio has generally been below 1, indicating that its current assets may not be sufficient to cover its short-term liabilities. The ratio peaked at 0.96 on September 30, 2024, suggesting a slight improvement in the company's liquidity position at that point in time.
It is important for investors and stakeholders to monitor the current ratio over time to assess the company's liquidity and ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024