Telephone and Data Systems Inc (TDS)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 33,000 | 1,660,000 | 2,028,000 | 2,044,000 | 3,026,000 |
| Total current liabilities | US$ in thousands | 1,090,000 | 1,184,000 | 1,514,000 | 1,180,000 | 1,153,000 |
| Current ratio | 0.03 | 1.40 | 1.34 | 1.73 | 2.62 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $33,000K ÷ $1,090,000K
= 0.03
The current ratio of Telephone and Data Systems Inc has shown a declining trend over the years. It stood at 2.62 on December 31, 2020, indicating a robust liquidity position. However, by December 31, 2024, the current ratio plummeted to a mere 0.03, reflecting a significant decrease in the company's ability to meet its short-term obligations with its current assets. This downward trajectory raises concerns about the company's liquidity management and suggests a potential strain on its short-term financial health. It would be prudent for stakeholders to closely monitor this trend and assess the company's ability to maintain adequate liquidity in the coming periods.
Peer comparison
Dec 31, 2024