Insperity Inc (NSP)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,085,000 | 1,595,000 | 1,511,870 | 1,244,850 | 1,077,270 |
| Total current liabilities | US$ in thousands | 1,930,000 | 1,436,000 | 1,353,370 | 1,128,570 | 904,924 |
| Current ratio | 1.08 | 1.11 | 1.12 | 1.10 | 1.19 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,085,000K ÷ $1,930,000K
= 1.08
Insperity Inc's current ratio has shown some fluctuation over the past five years. The current ratio was 1.19 as of December 31, 2020, indicating the company had $1.19 in current assets for every $1 in current liabilities. However, this ratio decreased to 1.10 by December 31, 2021, before increasing slightly to 1.12 by December 31, 2022. It then dipped to 1.11 by December 31, 2023, and further decreased to 1.08 by December 31, 2024.
Overall, while the current ratio has stayed above 1 in each year, signaling that Insperity Inc had more current assets than current liabilities, the downward trend in recent years may raise concerns about the company's ability to cover its short-term obligations. Further analysis of the components of current assets and liabilities would be necessary to fully assess the company's liquidity position.
Peer comparison
Dec 31, 2024