Light & Wonder Inc (LNW)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,183,000 | 1,311,000 | 1,694,000 | 1,732,000 | 2,181,000 |
| Total current liabilities | US$ in thousands | 735,000 | 696,000 | 622,000 | 974,000 | 832,000 |
| Current ratio | 1.61 | 1.88 | 2.72 | 1.78 | 2.62 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,183,000K ÷ $735,000K
= 1.61
The current ratio of Light & Wonder Inc has fluctuated over the past five years. As of December 31, 2020, the current ratio stood at 2.62, indicating the company had $2.62 in current assets for every $1 in current liabilities. Over the subsequent years, there were fluctuations in the current ratio, reaching a low of 1.61 on December 31, 2024. This suggests that the company's ability to meet its short-term obligations decreased. However, in December 31, 2022, the current ratio peaked at 2.72, indicating an improved liquidity position. Overall, while the current ratio has not remained consistent, it is important for stakeholders to assess the reasons behind these fluctuations to understand the company's financial health and liquidity management.
Peer comparison
Dec 31, 2024