Oshkosh Corporation (OSK)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Dec 31, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 4,527,500 | 4,480,800 | 4,480,800 | 4,532,100 | 4,532,100 |
| Total current liabilities | US$ in thousands | 2,987,300 | 3,089,600 | 3,089,600 | 2,428,600 | 2,428,600 |
| Current ratio | 1.52 | 1.45 | 1.45 | 1.87 | 1.87 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,527,500K ÷ $2,987,300K
= 1.52
The current ratio of Oshkosh Corporation has shown consistency over the years, with values ranging from 1.45 to 1.87. A current ratio above 1 indicates that the company has more current assets than current liabilities, suggesting that Oshkosh has the ability to meet its short-term obligations.
The slight fluctuations in the current ratio may be due to changes in Oshkosh's current assets and liabilities composition. While the current ratio decreased from 1.87 in September 2022 to 1.45 in September 2023, it remained stable at 1.45 in December 2023 before improving to 1.52 by December 2024.
Overall, the current ratio indicates that Oshkosh Corporation has maintained a healthy liquidity position, ensuring its ability to cover short-term obligations efficiently across the observed periods. However, a closer examination of the components of current assets and liabilities could provide further insights into the company's liquidity management and working capital efficiency.
Peer comparison
Dec 31, 2024