PepsiCo Inc (PEP)

Current ratio

		Dec 31, 2024	Sep 7, 2024	Jun 15, 2024	Mar 23, 2024	Dec 31, 2023	Sep 9, 2023	Jun 17, 2023	Mar 31, 2023	Dec 31, 2022	Sep 3, 2022	Jun 11, 2022	Mar 19, 2022	Dec 31, 2021	Sep 4, 2021	Jun 12, 2021	Mar 20, 2021	Dec 31, 2020	Sep 5, 2020	Jun 13, 2020	Mar 21, 2020
Total current assets	US$ in thousands	25,826,000	26,852,000	25,703,000	26,005,000	26,950,000	28,649,000	24,954,000	22,427,000	21,539,000	23,543,000	22,633,000	22,342,000	21,783,000	23,710,000	21,597,000	21,196,000	23,001,000	24,060,000	23,189,000	24,268,000
Total current liabilities	US$ in thousands	31,536,000	30,315,000	31,148,000	30,234,000	31,647,000	32,660,000	29,618,000	25,837,000	26,785,000	25,653,000	27,223,000	25,824,000	26,220,000	25,077,000	23,623,000	22,693,000	23,372,000	26,009,000	23,827,000	22,078,000
Current ratio		0.82	0.89	0.83	0.86	0.85	0.88	0.84	0.87	0.80	0.92	0.83	0.87	0.83	0.95	0.91	0.93	0.98	0.93	0.97	1.10

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $25,826,000K ÷ $31,536,000K
= 0.82

PepsiCo Inc's current ratio has been fluctuating over the past few years. From December 31, 2020, to March 19, 2022, the current ratio ranged between 0.83 and 0.98, indicating a relatively stable liquidity position. However, there was a noticeable decrease in the current ratio to 0.80 by December 31, 2022, which suggests potential liquidity challenges. Subsequently, the ratio improved slightly but remained below 1, reaching 0.89 on September 7, 2024. Overall, the current ratio trend demonstrates variability in PepsiCo's ability to meet its short-term obligations with current assets, highlighting the importance of closely monitoring liquidity management.