Stanley Black & Decker Inc (SWK)
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 | 6,377,700 | 6,830,900 | 6,785,000 | 7,420,800 | 7,017,300 | 7,379,100 | 7,839,700 | 8,135,700 | 7,974,700 | 8,804,600 | 9,972,800 | 9,736,200 | 8,526,400 | 6,876,400 | 6,555,700 | 6,523,000 | 6,036,000 | 5,787,000 | 5,769,500 | 5,692,900 |
| Total current liabilities | US$ in thousands | 4,916,900 | 5,292,300 | 5,342,800 | 6,829,400 | 5,883,200 | 5,663,300 | 6,139,600 | 6,239,300 | 6,560,100 | 7,607,000 | 11,760,700 | 10,955,000 | 8,760,500 | 5,580,800 | 5,402,500 | 4,578,400 | 4,558,300 | 4,221,800 | 4,578,300 | 5,370,300 |
| Current ratio | 1.30 | 1.29 | 1.27 | 1.09 | 1.19 | 1.30 | 1.28 | 1.30 | 1.22 | 1.16 | 0.85 | 0.89 | 0.97 | 1.23 | 1.21 | 1.42 | 1.32 | 1.37 | 1.26 | 1.06 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $6,377,700K ÷ $4,916,900K
= 1.30
The current ratio of Stanley Black & Decker Inc has varied over the past years, indicating fluctuations in the company's liquidity position. The current ratio measures the company's ability to meet its short-term obligations with its current assets.
From March 31, 2020, to December 31, 2024, the current ratio ranged from a low of 0.85 to a high of 1.42. Generally, a current ratio above 1 indicates that the company has more current assets than current liabilities, suggesting a strong liquidity position.
However, there were periods when the current ratio fell below 1, such as in December 31, 2021 (0.97) and December 31, 2022 (1.22). This could signify potential difficulties in meeting short-term obligations with available current assets during those periods.
Overall, the current ratio of Stanley Black & Decker Inc has shown some volatility but has mostly remained above 1, indicating a mostly healthy liquidity position. It is essential for investors and stakeholders to monitor these ratios continuously to assess the company's ability to manage its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024