Teradata Corp (TDC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 749,000 | 869,000 | 1,028,000 | 1,106,000 | 1,044,000 |
| Total current liabilities | US$ in thousands | 930,000 | 996,000 | 1,007,000 | 1,033,000 | 952,000 |
| Current ratio | 0.81 | 0.87 | 1.02 | 1.07 | 1.10 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $749,000K ÷ $930,000K
= 0.81
The current ratio of Teradata Corp has been declining over the past few years. As of December 31, 2020, the ratio was 1.10, indicating that the company had $1.10 in current assets for every $1 in current liabilities. However, by December 31, 2024, the current ratio had decreased to 0.81, signaling a potential liquidity concern as the company now has only $0.81 in current assets for every $1 in current liabilities. This downward trend suggests that Teradata Corp may be facing challenges in managing its short-term obligations and may need to improve its liquidity position to ensure financial stability.
Peer comparison
Dec 31, 2024