National Presto Industries Inc (NPK)

Current ratio

Mar 31, 2025 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
Total current assets US$ in thousands 366,661 366,661 348,972 339,613 338,294 360,110 333,800 319,030 312,046 326,632 336,647 323,959 317,445 348,053 345,186 323,827 319,600 357,240 334,758 329,514
Total current liabilities US$ in thousands 74,436 74,436 70,489 68,046 73,727 72,019 63,416 56,471 56,376 53,641 51,632 48,207 49,646 53,159 61,158 46,028 51,530 55,092 46,639 55,166
Current ratio 4.93 4.93 4.95 4.99 4.59 5.00 5.26 5.65 5.54 6.09 6.52 6.72 6.39 6.55 5.64 7.04 6.20 6.48 7.18 5.97

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $366,661K ÷ $74,436K
= 4.93

The current ratio of National Presto Industries Inc has displayed fluctuating trends over the past several quarters. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A higher current ratio generally indicates a more favorable liquidity position.

National Presto Industries Inc's current ratio ranged from a high of 7.18 in September 2020 to a low of 4.59 in March 2024. The ratio peaked at 7.18, indicating strong short-term liquidity in September 2020. Subsequently, the current ratio generally remained above 5, indicating a healthy liquidity position despite some fluctuations.

Although the current ratio exhibited some variability, it generally ranged between 4.59 and 7.18 over the period from June 2020 to March 2025. The most recent data point as of March 31, 2025, shows a current ratio of 4.93, implying that the company can cover its short-term obligations but has slightly lower liquidity compared to previous periods.

Overall, the current ratio of National Presto Industries Inc has shown resilience and remained within a reasonable range over the analyzed period, suggesting a generally healthy ability to meet its short-term financial obligations with its current assets. However, monitoring the trend in the current ratio over time is important to assess the company's ongoing liquidity and financial health.


Peer comparison

Mar 31, 2025

Company name
Symbol
Current ratio
National Presto Industries Inc
NPK
4.93
Axon Enterprise Inc.
AXON
2.30
Sturm Ruger & Company Inc
RGR
4.25