Shutterstock (SSTK)

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 255,958 277,382 240,847 258,899 292,573 269,465 273,415 178,900 215,671 161,052 163,256 339,719 388,215 375,676 484,417 440,588 489,070 450,661 386,491 369,696
Total current liabilities US$ in thousands 625,286 663,365 432,331 432,977 452,386 424,264 407,565 313,462 383,734 360,073 367,951 303,886 333,784 315,454 282,536 265,323 256,929 245,230 228,882 232,306
Current ratio 0.41 0.42 0.56 0.60 0.65 0.64 0.67 0.57 0.56 0.45 0.44 1.12 1.16 1.19 1.71 1.66 1.90 1.84 1.69 1.59

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $255,958K ÷ $625,286K
= 0.41

The current ratio of Shutterstock has shown fluctuating trends over the past few years. It has generally been above 1, indicating that the company has had sufficient current assets to cover its current liabilities. However, the ratio has been declining since reaching a peak of 1.90 on December 31, 2020. As of December 31, 2024, the current ratio has decreased to 0.41, which may raise concerns about the company's ability to meet its short-term obligations using its current assets alone. Further monitoring and analysis are warranted to understand the reasons behind this decline and to assess the company's liquidity position effectively.