Sylvamo Corp (SLVM)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,063,000 | 1,193,000 | 1,243,000 | 1,108,000 | 1,119,000 |
| Total current liabilities | US$ in thousands | 682,000 | 695,000 | 728,000 | 758,000 | 490,000 |
| Current ratio | 1.56 | 1.72 | 1.71 | 1.46 | 2.28 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,063,000K ÷ $682,000K
= 1.56
The current ratio of Sylvamo Corp has shown some fluctuations over the past five years. Starting at 2.28 on December 31, 2020, the ratio then decreased to 1.46 by December 31, 2021. It subsequently improved in the following two years to reach 1.71 on December 31, 2022, and further increased marginally to 1.72 by December 31, 2023. However, by December 31, 2024, the current ratio dipped slightly to 1.56. Overall, the company's current assets seem to have generally been sufficient to cover its current liabilities during this period, albeit with some variability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Current ratio
Sylvamo Corp
SLVM
1.56
International Paper
IP
1.51
Mativ Holdings Inc.
MATV
2.40