Somnigroup International Inc. (SGI)
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 | 1,065,400 | 1,155,300 | 1,161,700 | 1,161,900 | 1,103,200 | 1,247,700 | 1,254,100 | 1,270,600 | 1,195,200 | 1,276,400 | 1,305,200 | 1,218,800 | 1,275,600 | 1,482,800 | 925,700 | 1,214,300 | 968,400 | 1,148,100 | 945,500 | 1,046,400 |
| Total current liabilities | US$ in thousands | 960,300 | 1,011,800 | 957,800 | 958,200 | 908,200 | 1,058,900 | 1,006,700 | 1,022,800 | 981,200 | 1,077,900 | 1,057,100 | 1,101,100 | 1,053,400 | 1,159,400 | 858,300 | 895,700 | 974,800 | 1,026,700 | 1,001,700 | 750,400 |
| Current ratio | 1.11 | 1.14 | 1.21 | 1.21 | 1.21 | 1.18 | 1.25 | 1.24 | 1.22 | 1.18 | 1.23 | 1.11 | 1.21 | 1.28 | 1.08 | 1.36 | 0.99 | 1.12 | 0.94 | 1.39 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,065,400K ÷ $960,300K
= 1.11
The current ratio of Somnigroup International Inc. fluctuated over the past few years, ranging from a low of 0.94 on June 30, 2020, to a high of 1.39 on March 31, 2020. While the ratio dipped below 1 on a few occasions, indicating potential liquidity concerns, it generally improved over the subsequent periods.
Throughout the most recent reporting period, from December 31, 2023, to December 31, 2024, the current ratio remained relatively stable, hovering around 1.2. This suggests that the company had more than enough current assets to cover its short-term liabilities during this time frame.
Overall, the current ratio of Somnigroup International Inc. demonstrated a positive trend, with the company maintaining a healthy liquidity position to meet its short-term obligations. It is essential to keep monitoring this ratio to ensure the company's ability to manage its current liabilities efficiently in the future.
Peer comparison
Dec 31, 2024