Tidewater Inc (TDW)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	698,662	591,135	377,908	342,672	388,649
Total current liabilities	US$ in thousands	331,613	328,731	194,787	157,942	183,179
Current ratio		2.11	1.80	1.94	2.17	2.12

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $698,662K ÷ $331,613K
= 2.11

Based on the data provided for Tidewater Inc's current ratio over the past five years, we can observe the following trends:

- In December 2020, the current ratio was 2.12, indicating the company had $2.12 in current assets for every $1 in current liabilities.
- The current ratio increased slightly to 2.17 by December 2021, suggesting improved liquidity and ability to meet short-term obligations.
- However, there was a decline in the current ratio to 1.94 by December 2022, which may raise concerns about the company's short-term financial stability.
- The trend continued with a further decrease to 1.80 by December 2023, indicating potential difficulties in meeting short-term obligations.
- In December 2024, the current ratio improved to 2.11, showing a positive change in the company's liquidity position compared to the previous year.

Overall, the current ratio fluctuated over the five-year period, with some years showing better liquidity positions than others. It is important for Tidewater Inc to closely monitor its current ratio to ensure it maintains a healthy balance between current assets and liabilities to meet its short-term financial obligations effectively.