Telephone and Data Systems Inc (TDS)
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 | 33,000 | 1,746,000 | 1,641,000 | 1,628,000 | 1,660,000 | 1,680,000 | 1,746,000 | 1,903,000 | 2,028,000 | 2,086,000 | 2,051,000 | 2,085,000 | 2,044,000 | 2,297,000 | 1,991,000 | 2,642,000 | 3,026,000 | 2,670,000 | 2,086,000 | 1,950,000 |
| Total current liabilities | US$ in thousands | 1,090,000 | 1,098,000 | 1,086,000 | 1,031,000 | 1,184,000 | 1,327,000 | 1,278,000 | 1,225,000 | 1,514,000 | 1,409,000 | 1,234,000 | 1,115,000 | 1,180,000 | 1,288,000 | 986,000 | 963,000 | 1,153,000 | 965,000 | 882,000 | 900,000 |
| Current ratio | 0.03 | 1.59 | 1.51 | 1.58 | 1.40 | 1.27 | 1.37 | 1.55 | 1.34 | 1.48 | 1.66 | 1.87 | 1.73 | 1.78 | 2.02 | 2.74 | 2.62 | 2.77 | 2.37 | 2.17 |
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 fluctuated over the past few years, ranging from a high of 2.77 in September 2020 to a low of 0.03 in December 2024. This ratio measures the company's ability to cover its short-term liabilities with its current assets.
A current ratio above 1 indicates that the company has more current assets than current liabilities, suggesting it is in a strong position to meet its short-term obligations. However, a declining trend in the current ratio, such as the decrease from 2.77 in September 2020 to 0.03 in December 2024, could signify potential liquidity issues or difficulties in managing short-term obligations.
It is important to monitor the current ratio over time to assess the company's liquidity position and financial health. Additionally, it may be beneficial for stakeholders to investigate the reasons behind the significant decline in the current ratio towards the end of the period in order to make informed decisions about the company's financial stability.
Peer comparison
Dec 31, 2024