Louisiana-Pacific Corporation (LPX)
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 | 855,000 | 885,000 | 883,000 | 842,000 | 778,000 | 745,000 | 671,000 | 713,000 | 854,000 | 1,001,000 | 1,208,000 | 1,341,000 | 890,000 | 1,197,000 | 1,230,000 | 1,226,000 | 993,000 | 904,000 | 689,000 | 976,000 |
| Total current liabilities | US$ in thousands | 299,000 | 303,000 | 261,000 | 254,000 | 259,000 | 266,000 | 267,000 | 229,000 | 336,000 | 430,000 | 464,000 | 459,000 | 351,000 | 427,000 | 353,000 | 360,000 | 286,000 | 244,000 | 219,000 | 214,000 |
| Current ratio | 2.86 | 2.92 | 3.38 | 3.31 | 3.00 | 2.80 | 2.51 | 3.11 | 2.54 | 2.33 | 2.60 | 2.92 | 2.54 | 2.80 | 3.48 | 3.41 | 3.47 | 3.70 | 3.15 | 4.56 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $855,000K ÷ $299,000K
= 2.86
The current ratio of Louisiana-Pacific Corporation has shown fluctuations over the past few years. The ratio started at a relatively high level of 4.56 as of March 31, 2020, indicating a strong ability to cover short-term obligations with current assets. However, it decreased to 2.33 as of September 30, 2022, signaling a potential decrease in liquidity.
Subsequently, the current ratio improved to 3.31 by March 31, 2024, suggesting a better ability to meet current liabilities with current assets. This improvement continued as the ratio reached 3.38 by June 30, 2024.
Overall, while the current ratio of Louisiana-Pacific Corporation has experienced fluctuations, the recent upward trend indicates an improvement in the company's short-term liquidity position. However, continued monitoring of the ratio is recommended to assess the company's ability to meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024