Sturm Ruger & Company Inc (RGR)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 258,357 | 271,395 | 361,838 | 328,733 | 234,373 |
| Total current liabilities | US$ in thousands | 60,809 | 63,195 | 163,067 | 77,109 | 81,761 |
| Current ratio | 4.25 | 4.29 | 2.22 | 4.26 | 2.87 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $258,357K ÷ $60,809K
= 4.25
The current ratio of Sturm Ruger & Company Inc has displayed fluctuations over the past five years. As of December 31, 2020, the ratio stood at 2.87, indicating that the company had $2.87 in current assets for every $1 in current liabilities. This ratio increased significantly to 4.26 by December 31, 2021, suggesting a stronger liquidity position. However, in the following year, the current ratio decreased to 2.22, reflecting a potential liquidity strain.
Subsequently, the company improved its current ratio to 4.29 as of December 31, 2023, indicating a healthier liquidity position similar to the previous year. By the end of December 31, 2024, the current ratio remained robust at 4.25, suggesting the company continued to have ample current assets to meet its short-term obligations.
Overall, the trend in the current ratio for Sturm Ruger & Company Inc reflects fluctuations but generally indicates a strong ability to cover short-term liabilities with current assets over the five-year period analyzed.
Peer comparison
Dec 31, 2024