Post Holdings Inc (POST)
Current ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,231,600 | 1,478,500 | 2,223,400 | 2,086,100 | 2,287,800 |
| Total current liabilities | US$ in thousands | 944,900 | 805,300 | 823,800 | 1,049,200 | 974,400 |
| Current ratio | 2.36 | 1.84 | 2.70 | 1.99 | 2.35 |
September 30, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,231,600K ÷ $944,900K
= 2.36
The current ratio of Post Holdings Inc has exhibited fluctuations over the past five years, ranging from 1.84 in 2023 to 2.70 in 2022. In 2024, the current ratio stands at 2.36, indicating an improvement compared to the previous year. This ratio suggests that the company has 2.36 times more current assets available to cover its current liabilities. A current ratio above 1 indicates that the company has sufficient current assets to meet its short-term obligations.
The upward trend in the current ratio from 2023 to 2022 reflects improved liquidity position, indicating that Post Holdings Inc had a stronger ability to meet its short-term obligations in 2022. However, the decrease in 2023 followed by an increase in 2024 suggests some fluctuations in the company's liquidity management during these years. Generally, a current ratio between 1.5 to 2 is considered healthy, indicating that the company has a good balance between liquidity and efficient use of assets.
It is important for investors and stakeholders to monitor the current ratio of Post Holdings Inc over time to assess the company's short-term liquidity position and its ability to manage current liabilities.
Peer comparison
Sep 30, 2024