Post Holdings Inc (POST)
Current ratio
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,231,600 | 1,756,200 | 1,810,900 | 1,660,700 | 1,478,500 | 1,640,300 | 2,131,100 | 2,197,400 | 2,223,400 | 2,291,000 | 2,063,500 | 2,435,000 | 2,086,100 | 2,099,200 | 2,065,500 | 2,256,500 | 2,287,800 | 2,132,300 | 2,383,700 | 1,921,200 |
| Total current liabilities | US$ in thousands | 944,900 | 857,200 | 839,500 | 835,300 | 805,300 | 795,300 | 779,500 | 788,200 | 823,800 | 757,700 | 794,000 | 941,400 | 1,049,200 | 930,900 | 890,100 | 890,100 | 974,400 | 748,000 | 736,900 | 883,100 |
| Current ratio | 2.36 | 2.05 | 2.16 | 1.99 | 1.84 | 2.06 | 2.73 | 2.79 | 2.70 | 3.02 | 2.60 | 2.59 | 1.99 | 2.26 | 2.32 | 2.54 | 2.35 | 2.85 | 3.23 | 2.18 |
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 few periods. As of September 30, 2024, the current ratio stands at 2.36, indicating that the company's short-term assets exceed its short-term liabilities by approximately 2.36 times. This represents an improvement compared to the previous quarter, where the ratio was 2.05.
Looking at the trend over the past several quarters, the current ratio has been relatively stable, with some fluctuations. The company experienced its highest current ratio of 3.23 in June 2020, indicating a strong liquidity position at that time. Since then, the ratio has fluctuated within a range, showing some variability in the company's ability to cover its short-term obligations with its current assets.
Overall, a current ratio above 1 indicates that Post Holdings Inc is capable of meeting its short-term obligations using its current assets. A higher current ratio is generally seen as favorable as it suggests a strong liquidity position. However, it is important to consider industry norms and company-specific factors when interpreting the current ratio in isolation.
Peer comparison
Sep 30, 2024