Schrodinger Inc (SDGR)

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	634,993	456,398	449,179	493,686	567,796	547,761	591,962	603,734	533,989	524,201	556,872	586,168	625,060	622,025	649,788	675,238	682,978	621,114	307,014	312,815
Total current liabilities	US$ in thousands	191,747	111,117	99,759	106,507	133,673	105,038	106,802	123,407	108,799	88,821	85,590	85,532	91,211	72,916	70,378	67,621	73,205	39,276	43,048	42,166
Current ratio		3.31	4.11	4.50	4.64	4.25	5.21	5.54	4.89	4.91	5.90	6.51	6.85	6.85	8.53	9.23	9.99	9.33	15.81	7.13	7.42

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $634,993K ÷ $191,747K
= 3.31

Schrodinger Inc's current ratio has shown a consistent decline over the reporting periods, indicating a potential deterioration in the company's short-term liquidity position. The current ratio, which measures the firm's ability to cover its short-term obligations with its current assets, started at a robust 7.42 on March 31, 2020, but has since decreased to 3.31 as of December 31, 2024.

The decline in the current ratio implies that Schrodinger Inc may be facing challenges in meeting its short-term liabilities using its current assets alone. A current ratio below 1.0 may suggest financial distress and an inability to meet short-term obligations without additional sources of liquidity.

It is important for investors and stakeholders to monitor the trend in the current ratio to assess Schrodinger Inc's liquidity position and financial health over time. A sustained decrease in the current ratio could raise concerns about the company's ability to manage its short-term obligations effectively.