Sturm Ruger & Company Inc (RGR)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 10,028 | 15,174 | 65,173 | 21,044 | 20,147 |
| Short-term investments | US$ in thousands | 95,453 | 102,485 | 159,132 | 199,971 | 121,007 |
| Receivables | US$ in thousands | 67,145 | 59,864 | 65,449 | 57,036 | 57,876 |
| Total current liabilities | US$ in thousands | 60,809 | 63,195 | 163,067 | 77,109 | 81,761 |
| Quick ratio | 2.84 | 2.81 | 1.78 | 3.61 | 2.43 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($10,028K
+ $95,453K
+ $67,145K)
÷ $60,809K
= 2.84
The quick ratio of Sturm Ruger & Company Inc has shown some fluctuation over the past five years. As of December 31, 2020, the quick ratio stood at 2.43, indicating the company had $2.43 in liquid assets available to cover each dollar of current liabilities.
The quick ratio increased significantly to 3.61 by December 31, 2021, reflecting a stronger liquidity position compared to the previous year. However, there was a decline in the quick ratio to 1.78 by December 31, 2022, signaling a potential decrease in the company's ability to meet its short-term obligations with its liquid assets alone.
Subsequently, the quick ratio improved to 2.81 by December 31, 2023, suggesting a better liquidity position compared to the previous year. By December 31, 2024, the quick ratio further increased to 2.84, indicating that the company had slightly more liquid assets available relative to its current liabilities.
Overall, while the quick ratio of Sturm Ruger & Company Inc has shown some variability, it generally indicates that the company has maintained a satisfactory level of liquidity over the analyzed period, with some fluctuations in its ability to meet short-term obligations solely with its liquid assets.
Peer comparison
Dec 31, 2024