Texas Roadhouse Inc (TXRH)

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	516,568	307,401	333,286	344,395	356,474	181,486	233,285	268,718	396,841	277,378	280,944	425,987	563,525	537,915	581,773	577,618	510,651	399,541	359,377	302,574
Total current liabilities	US$ in thousands	828,130	627,564	644,327	686,428	745,434	561,426	571,983	588,098	652,010	515,693	528,459	541,774	602,144	443,854	479,808	508,164	506,318	396,402	402,242	310,861
Current ratio		0.62	0.49	0.52	0.50	0.48	0.32	0.41	0.46	0.61	0.54	0.53	0.79	0.94	1.21	1.21	1.14	1.01	1.01	0.89	0.97

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $516,568K ÷ $828,130K
= 0.62

The current ratio of Texas Roadhouse Inc has exhibited fluctuations over the period under consideration. Starting at 0.97 as of March 31, 2020, the ratio decreased to 0.89 by June 30, 2020, then improved to 1.01 by September 30, 2020, remaining consistent at 1.01 by December 31, 2020. Thereafter, the current ratio showed an increasing trend, reaching a peak of 1.21 as of June 30, 2021, and September 30, 2021. Following this, there was a slight decline to 0.94 by December 31, 2021, and further decreases throughout 2022 and 2023, reaching a low of 0.32 by September 30, 2023. However, there was a slight uptick to 0.48 by December 31, 2023, and a subsequent increase to 0.50 by March 31, 2024, continuing to improve to 0.62 by December 31, 2024. Overall, the current ratio of Texas Roadhouse Inc showcases fluctuations but seems to have stabilized towards the end of the period, indicating the company's ability to meet its short-term obligations.