Supernus Pharmaceuticals Inc (SUPN)
Current ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total current assets | US$ in thousands | 686,070 | 493,113 | 734,151 | 601,590 | 630,417 |
Total current liabilities | US$ in thousands | 292,397 | 290,196 | 687,958 | 315,379 | 245,108 |
Current ratio | 2.35 | 1.70 | 1.07 | 1.91 | 2.57 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $686,070K ÷ $292,397K
= 2.35
The current ratio of Supernus Pharmaceuticals Inc has shown some fluctuations over the past five years. As of December 31, 2020, the current ratio was 2.57, indicating a healthy liquidity position with more than enough current assets to cover its short-term liabilities.
However, by December 31, 2022, the current ratio had decreased to 1.07, suggesting a potential strain on the company's ability to meet its short-term obligations with its current assets alone.
The ratio improved by December 31, 2023, reaching 1.70, indicating a slight recovery in liquidity. By December 31, 2024, the current ratio further increased to 2.35, signaling a stronger liquidity position compared to the previous year.
Overall, the trend in Supernus Pharmaceuticals Inc's current ratio indicates fluctuations in its liquidity position over the years, with improvements in recent periods. It is important for stakeholders to monitor this ratio to assess the company's ability to meet its short-term financial obligations.
Peer comparison
Dec 31, 2024