Rush Enterprises A Inc (RUSHA)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,389,720 | 2,260,300 | 1,867,740 | 1,324,450 | 1,357,730 |
| Total current liabilities | US$ in thousands | 1,650,120 | 1,673,310 | 1,428,670 | 1,003,500 | 1,026,790 |
| Current ratio | 1.45 | 1.35 | 1.31 | 1.32 | 1.32 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,389,720K ÷ $1,650,120K
= 1.45
The current ratio of Rush Enterprises A Inc over the past five years has been relatively stable, ranging from 1.31 to 1.45. This indicates that the company's current assets have consistently been sufficient to cover its current liabilities. A current ratio of around 1.5 or higher is typically considered healthy, as it suggests that the company has a strong ability to meet its short-term obligations. While Rush Enterprises A Inc's current ratio has been within an acceptable range, it would be ideal to monitor this ratio closely to ensure continued liquidity and financial stability.
Peer comparison
Dec 31, 2024