TripAdvisor Inc (TRIP)
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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,320,000 | 1,463,000 | 1,539,000 | 1,511,000 | 1,297,000 | 1,401,000 | 1,478,000 | 1,439,000 | 1,270,000 | 1,309,000 | 1,337,000 | 1,043,000 | 940,000 | 960,000 | 1,006,000 | 845,000 | 573,000 | 613,000 | 853,000 | 1,012,000 |
| Total current liabilities | US$ in thousands | 628,000 | 792,000 | 916,000 | 892,000 | 572,000 | 719,000 | 854,000 | 763,000 | 533,000 | 573,000 | 656,000 | 467,000 | 357,000 | 363,000 | 444,000 | 277,000 | 242,000 | 231,000 | 249,000 | 311,000 |
| Current ratio | 2.10 | 1.85 | 1.68 | 1.69 | 2.27 | 1.95 | 1.73 | 1.89 | 2.38 | 2.28 | 2.04 | 2.23 | 2.63 | 2.64 | 2.27 | 3.05 | 2.37 | 2.65 | 3.43 | 3.25 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,320,000K ÷ $628,000K
= 2.10
The current ratio of TripAdvisor Inc, which measures the company's ability to cover its short-term liabilities with its current assets, has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The current ratio ranged from a high of 3.43 in June 30, 2020, to a low of 1.68 in June 30, 2024.
The company maintained a relatively strong current ratio above 2.0 for most of the period, indicating a healthy liquidity position. However, there were noticeable declines in the current ratio in certain quarters, such as in March 31, 2024, where it dropped to 1.69, and June 30, 2024, with a further decrease to 1.68.
This downward trend in the current ratio highlights potential concerns about TripAdvisor Inc's ability to cover its short-term obligations with its current assets. Management may need to closely monitor and manage the company's working capital to ensure sufficient liquidity for ongoing operations and financial stability.
Peer comparison
Dec 31, 2024