Sealed Air Corporation (SEE)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,891,800 | 1,963,300 | 2,116,800 | 2,069,600 | 1,881,500 |
| Total current liabilities | US$ in thousands | 1,635,500 | 1,509,000 | 2,081,800 | 2,007,300 | 1,367,400 |
| Current ratio | 1.16 | 1.30 | 1.02 | 1.03 | 1.38 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,891,800K ÷ $1,635,500K
= 1.16
The current ratio of Sealed Air Corporation has shown fluctuations over the past five years. It decreased from 1.38 in December 31, 2020, to 1.03 in December 31, 2021, indicating potential liquidity challenges. The trend continued with a slight decline to 1.02 in December 31, 2022. However, there was a noticeable improvement to 1.30 in December 31, 2023, suggesting better short-term liquidity. Nevertheless, the ratio dropped again to 1.16 as of December 31, 2024, which might indicate a potential decrease in the company's ability to meet its short-term obligations. Overall, Sealed Air's current ratio has experienced fluctuations, highlighting the importance of monitoring liquidity positions closely.
Peer comparison
Dec 31, 2024