SJW Group Common Stock (SJW)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	78,075	198,389	154,714	134,085	127,331
Total current liabilities	US$ in thousands	27,658	342,974	264,650	203,271	350,795
Current ratio		2.82	0.58	0.58	0.66	0.36

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $78,075K ÷ $27,658K
= 2.82

The current ratio of SJW Group Common Stock has shown improvement over the years. As of December 31, 2020, the ratio was at a relatively low 0.36, indicating a potential liquidity concern. However, by December 31, 2021, the current ratio increased to 0.66, reflecting a healthier liquidity position.

In the following years, the current ratio remained relatively stable at around 0.58 as of December 31, 2022 and 2023. This suggests that SJW Group maintained its ability to meet its short-term obligations with its current assets.

Notably, by December 31, 2024, the current ratio surged to 2.82, signaling a significant improvement in liquidity and the company's ability to cover its short-term liabilities with current assets, potentially due to increased cash reserves or reductions in short-term obligations.

Overall, the trend in SJW Group's current ratio indicates positive developments in its liquidity position, with the most substantial improvement observed in the most recent reporting period.