Sabre Corpo (SABR)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,163,220 | 1,158,590 | 1,361,490 | 1,402,270 | 1,888,100 |
| Total current liabilities | US$ in thousands | 1,141,780 | 914,713 | 815,571 | 716,505 | 621,943 |
| Current ratio | 1.02 | 1.27 | 1.67 | 1.96 | 3.04 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,163,220K ÷ $1,141,780K
= 1.02
Sabre Corpo's current ratio has exhibited a declining trend over the five-year period from 2020 to 2024. Starting at a healthy level of 3.04 in 2020, the current ratio decreased to 1.96 in 2021, indicating a reduction in the company's short-term liquidity. This downward trend continued as the ratio further decreased to 1.67 in 2022, 1.27 in 2023, and eventually dropped to 1.02 by the end of 2024.
A current ratio above 1 generally indicates that a company has more current assets than current liabilities, suggesting its ability to cover short-term obligations. However, the decreasing trend observed in Sabre Corpo's current ratio may raise concerns about its liquidity position and ability to meet its short-term debt obligations in the future.
It is important for Sabre Corpo to closely monitor its current ratio and take necessary actions to improve liquidity and maintain a healthy balance between current assets and current liabilities to ensure financial stability and operational continuity.
Peer comparison
Dec 31, 2024