Insperity Inc (NSP)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	1,595,290	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	974,746	893,743	919,177	980,081
Total current liabilities	US$ in thousands	1,436,290	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	869,045	761,212	769,848	850,389
Current ratio		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	1.12	1.17	1.19	1.15

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,595,290K ÷ $1,436,290K
= 1.11

Insperity Inc's current ratio has exhibited some fluctuation over the past eight quarters. The current ratio, a measure of short-term liquidity, has ranged from a low of 1.11 to a high of 1.20 during this period. While the current ratio has generally been above 1, indicating that the company has sufficient current assets to cover its current liabilities, there has been some variability in its ability to meet short-term obligations. The slight downward trend from Q2 2023 to Q4 2023 may warrant further investigation into the company's current asset and liability management strategies to ensure continued financial stability.