Matson Inc (MATX)

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	609,600	651,800	546,200	512,000	602,300	635,800	577,800	566,700	759,600	874,500	1,112,700	874,800	704,500	481,700	402,700	313,900	305,900	289,600	273,600	308,700
Total current liabilities	US$ in thousands	560,400	577,700	584,500	530,500	562,300	570,600	549,000	535,800	581,600	599,900	632,100	610,200	612,400	547,300	532,300	519,100	511,500	453,600	449,600	470,900
Current ratio		1.09	1.13	0.93	0.97	1.07	1.11	1.05	1.06	1.31	1.46	1.76	1.43	1.15	0.88	0.76	0.60	0.60	0.64	0.61	0.66

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $609,600K ÷ $560,400K
= 1.09

Matson Inc's current ratio has shown fluctuations over the past few years. The ratio was below 1 for most of 2020 and early 2021, indicating that the company's current assets were insufficient to cover its current liabilities during that period. However, there has been a gradual improvement since mid-2021, with the current ratio consistently increasing and surpassing the 1.0 mark by the end of 2021.

The current ratio continued to rise through 2022, peaking at 1.76 in June before slightly declining in the subsequent quarters. Despite the minor fluctuations, the current ratio remained above 1.0, indicating that Matson Inc had a more comfortable liquidity position and was better able to meet its short-term obligations.

As of December 31, 2024, the current ratio stood at 1.09, which suggests that the company had $1.09 in current assets for every $1 of current liabilities. Overall, the upward trend in the current ratio since mid-2021 indicates an improvement in Matson Inc's short-term liquidity and ability to manage its current financial obligations effectively.