Sturm Ruger & Company Inc (RGR)
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 | 258,357 | 247,114 | 251,951 | 258,575 | 271,395 | 273,960 | 268,061 | 263,977 | 361,838 | 351,026 | 334,077 | 336,253 | 328,733 | 308,859 | 285,643 | 252,248 | 234,373 | 212,974 | 294,939 | 264,618 |
| Total current liabilities | US$ in thousands | 60,809 | 54,970 | 52,021 | 50,052 | 63,195 | 61,187 | 59,894 | 61,594 | 163,067 | 60,202 | 54,495 | 66,177 | 77,109 | 80,387 | 77,729 | 73,045 | 81,761 | 67,392 | 76,313 | 62,492 |
| Current ratio | 4.25 | 4.50 | 4.84 | 5.17 | 4.29 | 4.48 | 4.48 | 4.29 | 2.22 | 5.83 | 6.13 | 5.08 | 4.26 | 3.84 | 3.67 | 3.45 | 2.87 | 3.16 | 3.86 | 4.23 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $258,357K ÷ $60,809K
= 4.25
Sturm Ruger & Company Inc's current ratio has shown fluctuations over the quarters from March 31, 2020, to December 31, 2024. The current ratio measures the company's ability to cover its short-term obligations with its current assets. A higher current ratio indicates stronger liquidity and a better ability to meet short-term liabilities.
The current ratio for Sturm Ruger & Company Inc started at 4.23 on March 31, 2020, indicating a healthy liquidity position. The ratio decreased in subsequent quarters, reaching a low of 2.22 on December 31, 2022, which may have raised concerns about its short-term liquidity. However, the ratio improved significantly to 6.13 on June 30, 2022, suggesting a better ability to cover short-term obligations.
Subsequently, the current ratio fluctuated within a narrower range between 4.25 and 5.17 from December 31, 2024. This implies that the company maintained a relatively stable liquidity position during this period.
Overall, Sturm Ruger & Company Inc's current ratio demonstrated both strengths and weaknesses in managing its short-term liquidity over the quarters. Investors and stakeholders should continue to monitor these fluctuations to assess the company's ability to meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024