Sealed Air Corporation (SEE)
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 | 1,891,800 | 2,059,500 | 2,050,900 | 1,992,800 | 1,963,300 | 2,122,800 | 2,213,900 | 2,067,100 | 2,116,800 | 2,031,200 | 2,011,100 | 1,947,000 | 2,069,600 | 1,970,900 | 1,806,700 | 1,759,500 | 1,881,500 | 1,667,400 | 1,632,100 | 1,560,200 |
| Total current liabilities | US$ in thousands | 1,635,500 | 1,592,900 | 1,574,100 | 1,502,800 | 1,509,000 | 1,719,900 | 1,850,000 | 1,732,800 | 2,081,800 | 1,877,000 | 1,505,400 | 1,482,900 | 2,007,300 | 1,925,400 | 1,405,900 | 1,326,400 | 1,367,400 | 1,313,200 | 1,354,700 | 1,367,800 |
| Current ratio | 1.16 | 1.29 | 1.30 | 1.33 | 1.30 | 1.23 | 1.20 | 1.19 | 1.02 | 1.08 | 1.34 | 1.31 | 1.03 | 1.02 | 1.29 | 1.33 | 1.38 | 1.27 | 1.20 | 1.14 |
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 fluctuated over the past few years, ranging from a low of 1.02 to a high of 1.38. The current ratio measures the company's ability to meet its short-term obligations with its current assets.
In the latest period, as of December 31, 2024, the current ratio stood at 1.16. This indicates that for every dollar of current liabilities, Sealed Air has $1.16 of current assets available to cover those obligations.
Overall, the current ratio has generally remained above 1 throughout the periods provided, suggesting that Sealed Air has been able to meet its short-term obligations. However, the fluctuations in the ratio indicate some variability in the company's liquidity position over time, which is an important aspect for stakeholders to monitor.
Peer comparison
Dec 31, 2024