Pursuit Attractions and Hospitality, Inc. (PRSU)

Current ratio

Mar 31, 2025 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
Total current assets US$ in thousands 100,048 117,384 309,589 330,859 283,520 235,777 318,350 269,192 249,377 239,555 297,638 274,053 205,652 197,616 229,853 108,310 88,821 91,257 117,747 235,052
Total current liabilities US$ in thousands 91,721 76,394 307,659 308,902 292,271 232,519 266,931 257,086 245,816 211,117 266,391 268,022 214,334 175,126 176,529 135,319 99,347 97,733 99,653 119,267
Current ratio 1.09 1.54 1.01 1.07 0.97 1.01 1.19 1.05 1.01 1.13 1.12 1.02 0.96 1.13 1.30 0.80 0.89 0.93 1.18 1.97

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $100,048K ÷ $91,721K
= 1.09

The current ratio of Pursuit Attractions and Hospitality, Inc. demonstrates notable fluctuations over the analyzed period from June 30, 2020, through March 31, 2025. At the onset, on June 30, 2020, the ratio was 1.97, indicating a relatively strong liquidity position, with current assets nearly double the current liabilities. Subsequently, a decline is observed, reaching a low of 0.80 on June 30, 2021, which suggests narrowing liquidity and potential challenges in meeting short-term obligations without additional liquidity resources.

Between September 30, 2021, and September 30, 2022, the ratio experienced some recovery, fluctuating primarily within a range of approximately 1.12 to 1.13, indicating a moderate improvement in liquidity management. The ratio remained relatively stable around 1.01 to 1.13 from December 31, 2022, through the third quarter of 2023, reflecting a consistent but modest liquidity cushion.

In late 2023 and early 2024, the current ratio oscillated around 0.97 to 1.07, maintaining roughly the same level of liquidity. A significant increase occurred at year-end 2024, where the ratio rose to 1.54, indicating a temporary enhancement in liquidity position, with current assets considerably exceeding current liabilities. However, this peak was followed by a slight decrease to 1.09 by March 2025.

Overall, the company's current ratio has shown periods of both decline and recovery, often hovering near the threshold of 1.0. This suggests that the company's liquidity position has experienced some tightening, particularly in the period from mid-2020 to mid-2021, but has generally stabilized around or slightly above this level in subsequent periods. The fluctuations imply shifts in working capital management and short-term asset-liability balances, with occasional periods of improved liquidity possibly driven by operational adjustments or external financial strategies.