Insperity Inc (NSP)

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 2,085,000 1,433,000 1,621,000 1,619,000 1,595,000 1,477,680 1,363,640 1,518,070 1,511,870 1,289,010 1,410,640 1,431,910 1,244,850 1,206,470 1,201,290 1,251,500 1,077,270 1,048,860 1,068,650 1,079,280
Total current liabilities US$ in thousands 1,930,000 1,233,000 1,383,000 1,406,000 1,436,000 1,321,360 1,135,680 1,302,960 1,353,370 1,121,250 1,246,600 1,286,600 1,128,570 1,004,180 1,002,690 1,044,350 904,924 841,070 840,563 888,458
Current ratio 1.08 1.16 1.17 1.15 1.11 1.12 1.20 1.17 1.12 1.15 1.13 1.11 1.10 1.20 1.20 1.20 1.19 1.25 1.27 1.21

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 fluctuated over the past few years, ranging from a low of 1.08 to a high of 1.27. The current ratio measures a company's ability to meet its short-term obligations with its current assets. A ratio above 1 indicates that the company has more current assets than current liabilities, suggesting a relatively healthy liquidity position.

The current ratio peaked at 1.27 on June 30, 2020, indicating strong short-term liquidity at that point. However, it has since experienced some variability, with slight decreases and increases observed in subsequent periods. Notably, the current ratio decreased to 1.08 on December 31, 2024, suggesting a potential strain on short-term liquidity.

Overall, while the current ratio has not remained consistently high, it generally indicates that Insperity Inc has had sufficient current assets to cover its current liabilities. However, it is important to closely monitor this ratio to ensure that the company maintains a healthy liquidity position in the future.