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

Company name
Symbol
Current ratio
Sealed Air Corporation
SEE
1.16
Celanese Corporation
CE
1.34