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