Sabre Corpo (SABR)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	1,158,590	1,195,830	1,345,760	1,442,380	1,361,490	1,392,660	1,586,380	1,678,420	1,402,270	1,512,280	1,599,230	1,732,840	1,888,100	2,088,250	1,736,460	1,195,620	1,121,920	1,195,950	1,152,580	1,241,290
Total current liabilities	US$ in thousands	914,713	907,757	899,311	863,656	815,571	737,648	745,489	694,529	716,505	681,419	659,786	641,974	621,943	688,716	764,411	968,329	1,025,540	1,063,270	1,120,350	1,147,160
Current ratio		1.27	1.32	1.50	1.67	1.67	1.89	2.13	2.42	1.96	2.22	2.42	2.70	3.04	3.03	2.27	1.23	1.09	1.12	1.03	1.08

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,158,590K ÷ $914,713K
= 1.27

The current ratio of Sabre Corp has displayed a declining trend over the past eight quarters, decreasing from 2.42 in Q1 2022 to 1.27 in Q4 2023. This indicates that the company's current assets may not be as sufficient to cover its current liabilities in the most recent quarter.

While a current ratio above 1 typically signifies that a company has more current assets than current liabilities, the downward trend observed in Sabre Corp's current ratio may raise concerns about its short-term liquidity and ability to meet its obligations. It is important to closely monitor this trend and assess any underlying factors that may be contributing to the decreasing current ratio.