Las Vegas Sands Corp (LVS)
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 | 4,290,000 | 4,825,000 | 5,332,000 | 5,556,000 | 5,777,000 | 6,172,000 | 6,290,000 | 7,015,000 | 6,744,000 | 6,207,000 | 6,770,000 | 6,725,000 | 5,510,000 | 5,228,000 | 5,577,000 | 5,630,000 | 5,707,000 | 2,958,000 | 3,772,000 | 3,493,000 |
| Total current liabilities | US$ in thousands | 5,801,000 | 5,350,000 | 3,369,000 | 4,267,000 | 4,422,000 | 4,102,000 | 2,275,000 | 3,919,000 | 3,902,000 | 3,391,000 | 2,023,000 | 2,139,000 | 2,565,000 | 2,487,000 | 2,542,000 | 2,465,000 | 2,816,000 | 2,255,000 | 2,375,000 | 2,419,000 |
| Current ratio | 0.74 | 0.90 | 1.58 | 1.30 | 1.31 | 1.50 | 2.76 | 1.79 | 1.73 | 1.83 | 3.35 | 3.14 | 2.15 | 2.10 | 2.19 | 2.28 | 2.03 | 1.31 | 1.59 | 1.44 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,290,000K ÷ $5,801,000K
= 0.74
Las Vegas Sands Corp's current ratio has shown fluctuations over the past few years, ranging from a low of 0.74 as of December 31, 2024, to a high of 3.35 as of June 30, 2022. The current ratio measures the company's ability to cover its short-term obligations with its current assets.
In general, a current ratio above 1 indicates that the company has more current assets than current liabilities, suggesting a healthy liquidity position. However, a declining trend in the current ratio may signal potential difficulties in meeting short-term financial obligations.
Las Vegas Sands Corp's current ratio has experienced significant variability, which could be influenced by factors such as changes in asset composition, liabilities management, or economic conditions impacting the company's operations. It would be advisable for stakeholders to closely monitor the company's current ratio and assess the underlying reasons driving these fluctuations to better understand its liquidity position.
Peer comparison
Dec 31, 2024