TKO Group Holdings, Inc. (TKO)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 869,567 | 893,817 | 749,166 | 581,760 | 492,430 | 501,000 | 290,577 | 245,342 | 268,300 | 657,263 | 678,526 | 650,921 | 627,256 |
| Total current liabilities | US$ in thousands | 670,657 | 763,433 | 753,188 | 590,491 | 472,140 | 399,500 | 225,532 | 209,731 | 230,179 | 448,969 | 425,204 | 426,847 | 415,817 |
| Current ratio | 1.30 | 1.17 | 0.99 | 0.99 | 1.04 | 1.25 | 1.29 | 1.17 | 1.17 | 1.46 | 1.60 | 1.52 | 1.51 |
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 shown fluctuations over the given period. The current ratio measures the company's ability to meet its short-term financial obligations with its current assets. From December 31, 2021, to December 31, 2022, the current ratio decreased from 1.51 to 1.17, indicating a potential strain on the company's liquidity as its current liabilities may be increasing relative to its current assets.
However, from March 31, 2023, to June 30, 2024, the current ratio remained relatively stable around 1.17 to 1.29 before experiencing a slight increase to 1.30 as of December 31, 2024. This upward trend suggests an improvement in TKO Group Holdings, Inc.'s short-term liquidity position.
Overall, analysts may consider the current ratio of TKO Group Holdings, Inc. to have fluctuated during the period, with a potential cause for concern in the earlier years but showing signs of improvement towards the end of the period. It is essential for investors and stakeholders to monitor these changes to assess the company's ability to meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024