STAAR Surgical Company (STAA)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 367,940 | 365,269 | 311,973 | 271,411 | 216,418 |
| Total current liabilities | US$ in thousands | 70,306 | 65,036 | 51,716 | 48,802 | 41,236 |
| Current ratio | 5.23 | 5.62 | 6.03 | 5.56 | 5.25 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $367,940K ÷ $70,306K
= 5.23
The current ratio of STAAR Surgical Company has exhibited a generally positive trend over the past five years, increasing from 5.25 as of December 31, 2020, to 5.23 as of December 31, 2024. This indicates that the company has maintained a healthy level of current assets relative to its current liabilities, providing a cushion to meet its short-term obligations. Despite a slight dip in 2023, the current ratio remained above 5 in all years, suggesting strong liquidity and financial stability. This consistent performance implies that STAAR Surgical Company has been effectively managing its working capital to support its day-to-day operations.
Peer comparison
Dec 31, 2024