TKO Group Holdings, Inc. (TKO)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 869,567 | 492,430 | 268,300 | 948,258 | 726,852 |
| Total current liabilities | US$ in thousands | 670,657 | 472,140 | 230,179 | 187,320 | 497,474 |
| Current ratio | 1.30 | 1.04 | 1.17 | 5.06 | 1.46 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $869,567K ÷ $670,657K
= 1.30
TKO Group Holdings, Inc.'s current ratio has varied over the past five years. It stood at 1.46 on December 31, 2020, indicating the company had $1.46 in current assets for every $1 of current liabilities. The current ratio increased significantly to 5.06 by December 31, 2021, suggesting a strong short-term liquidity position. However, the ratio dropped notably to 1.17 by December 31, 2022, signaling a potential liquidity strain. This trend continued with a further decrease to 1.04 on December 31, 2023, highlighting a decrease in the company's ability to cover its short-term obligations. The ratio recovered slightly to 1.30 by December 31, 2024, but it remained below the ideal benchmark of 2, indicating a continued need for TKO Group Holdings, Inc. to closely manage its short-term liquidity position.
Peer comparison
Dec 31, 2024