PulteGroup Inc (PHM)

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	1,613,330	1,397,660	1,392,900	1,719,560	1,806,580	1,848,450	1,728,710	1,278,020	1,053,100	231,301	662,780	1,145,010	1,779,090	1,568,320	1,663,270	1,579,590	2,582,200	2,067,280	1,658,530	1,816,780
Total current liabilities	US$ in thousands	112,639	3,290,140	3,218,480	3,243,090	117,212	2,966,620	2,876,680	2,960,540	87,578	3,166,340	2,666,440	3,153,200	87,462	2,771,770	2,609,070	2,346,830	84,505	2,096,990	2,079,840	2,167,050
Current ratio		14.32	0.42	0.43	0.53	15.41	0.62	0.60	0.43	12.02	0.07	0.25	0.36	20.34	0.57	0.64	0.67	30.56	0.99	0.80	0.84

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,613,330K ÷ $112,639K
= 14.32

The current ratio of PulteGroup Inc has displayed fluctuating trends over the periods analyzed. The ratio, representing the company's ability to cover its short-term obligations with its current assets, ranged from a low of 0.07 on September 30, 2022, to a high of 30.56 on December 31, 2020.

The current ratio was below 1 for several periods, indicating potential liquidity concerns as current liabilities exceeded current assets. However, it improved in the subsequent periods. Notably, the ratio spiked significantly on December 31, 2020, and then again on December 31, 2021, before dropping back to more stable levels in the following quarters.

Overall, the current ratio of PulteGroup Inc seems to have experienced significant fluctuations, suggesting varying levels of liquidity and short-term solvency over the period under review. Further analysis is recommended to understand the underlying reasons for these fluctuations and assess the company's ability to meet its short-term obligations effectively.