SJW Group Common Stock (SJW)

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	190,714	187,276	173,179	178,082	198,389	228,771	201,433	193,848	154,714	157,900	138,792	137,935	134,085	155,513	146,858	123,467	127,331	154,902	145,543	128,818
Total current liabilities	US$ in thousands	261,173	244,049	350,133	323,260	342,974	308,116	237,954	212,965	264,650	318,710	277,829	217,853	203,271	267,285	274,431	289,735	350,795	305,398	257,966	238,404
Current ratio		0.73	0.77	0.49	0.55	0.58	0.74	0.85	0.91	0.58	0.50	0.50	0.63	0.66	0.58	0.54	0.43	0.36	0.51	0.56	0.54

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $190,714K ÷ $261,173K
= 0.73

The current ratio of SJW Group Common Stock has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at a low of 0.54 on March 31, 2020, and showed a slight increase before declining to 0.36 by December 31, 2020. There was a gradual recovery, with the ratio improving to 0.58 by September 30, 2021, and peaking at 0.91 on March 31, 2023. However, the ratio declined again to 0.49 by June 30, 2024, before rising to 0.73 by December 31, 2024.

The trend suggests that SJW Group's ability to meet its short-term obligations improved significantly from the beginning of the period until March 31, 2023. However, there was some instability in the ratio in the latter part of the period, indicating potential challenges in managing current liabilities relative to current assets. Further analysis of the company's liquidity position and operational efficiency would be necessary to understand the underlying reasons for these fluctuations in the current ratio.