Silgan Holdings Inc (SLGN)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,522,680 | 2,348,980 | 2,132,700 | 2,295,800 | 1,799,100 |
| Total current liabilities | US$ in thousands | 2,247,530 | 2,311,860 | 1,357,800 | 1,488,200 | 1,163,500 |
| Current ratio | 1.12 | 1.02 | 1.57 | 1.54 | 1.55 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,522,680K ÷ $2,247,530K
= 1.12
The current ratio of Silgan Holdings Inc has been relatively stable over the past five years, ranging from 1.02 to 1.57. This indicates that the company has generally been able to meet its short-term obligations with its current assets. A current ratio above 1 signifies that Silgan Holdings Inc has more current assets than current liabilities, providing a buffer to cover its short-term debt obligations. However, the slight decrease in the current ratio in 2024 compared to the previous year may warrant further investigation to ensure continued liquidity and financial stability in the short term.
Peer comparison
Dec 31, 2024