Triumph Group Inc (TGI)
Current ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 878,863 | 766,846 | 761,314 | 749,764 | 939,369 | 929,207 | 897,197 | 871,726 | 933,512 | 823,342 | 799,339 | 885,001 | 962,602 | 928,248 | 968,380 | 1,007,240 | 1,554,430 | 1,338,500 | 1,464,540 | 1,172,630 |
| Total current liabilities | US$ in thousands | 395,078 | 306,209 | 307,623 | 303,185 | 356,262 | 349,382 | 314,627 | 344,754 | 396,924 | 370,115 | 355,862 | 543,530 | 601,504 | 563,160 | 549,010 | 562,701 | 718,367 | 639,355 | 674,042 | 789,360 |
| Current ratio | 2.22 | 2.50 | 2.47 | 2.47 | 2.64 | 2.66 | 2.85 | 2.53 | 2.35 | 2.22 | 2.25 | 1.63 | 1.60 | 1.65 | 1.76 | 1.79 | 2.16 | 2.09 | 2.17 | 1.49 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $878,863K ÷ $395,078K
= 2.22
The current ratio of Triumph Group Inc has shown fluctuations over the past few years, ranging from 1.49 to 2.85 as of September 30, 2023. A current ratio above 1 indicates that the company's current assets are sufficient to cover its current liabilities. A higher current ratio is generally considered favorable as it suggests a company is more capable of meeting its short-term obligations.
Triumph Group Inc's current ratio has generally been above 1, indicating a healthy liquidity position. The current ratio peaked at 2.85 as of September 30, 2023, suggesting a strong ability to cover short-term obligations with current assets. However, there was a slight decrease in the current ratio in the following periods, with the ratio hovering around the range of 2.47 to 2.66.
It is important to monitor the trend of the current ratio over time to assess the company's liquidity position and its ability to meet short-term financial obligations. Additionally, comparing the current ratio to industry benchmarks and historical performance can provide further insights into Triumph Group Inc's liquidity management.
Peer comparison
Mar 31, 2025