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 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 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 2.50 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
= $—K ÷ $—K
= —

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

Company name
Symbol
Current ratio
Triumph Group Inc
TGI
AAR Corp
AIR
2.98
Textron Inc
TXT
4.38