Omnicom Group Inc (OMC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 16,223,000 | 15,384,200 | 14,613,000 | 15,909,500 | 15,590,100 |
| Total current liabilities | US$ in thousands | 16,300,300 | 16,246,000 | 15,052,800 | 16,226,200 | 15,525,100 |
| Current ratio | 1.00 | 0.95 | 0.97 | 0.98 | 1.00 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $16,223,000K ÷ $16,300,300K
= 1.00
Omnicom Group Inc's current ratio has been showing a slight declining trend over the past few years, decreasing from 1.00 in December 2020 to 0.95 in December 2023 before slightly improving to 1.00 in December 2024. A current ratio below 1.00 typically indicates that the company may have difficulties meeting its short-term obligations with its current assets alone. It's essential to closely monitor this trend to ensure the company's liquidity position is stable and that it can meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024
Company name
Symbol
Current ratio
Omnicom Group Inc
OMC
1.00
Interpublic Group of Companies Inc
IPG
1.06