United Parcel Service Inc (UPS)
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 | 19,310,000 | 17,264,000 | 18,823,000 | 16,177,000 | 19,413,000 | 19,251,000 | 19,439,000 | 21,725,000 | 22,217,000 | 24,598,000 | 25,571,000 | 25,601,000 | 24,934,000 | 22,843,000 | 21,988,000 | 20,985,000 | 20,300,000 | 19,930,000 | 20,226,000 | 19,389,000 |
| Total current liabilities | US$ in thousands | 16,441,000 | 15,081,000 | 15,085,000 | 14,696,000 | 17,676,000 | 15,817,000 | 14,686,000 | 16,262,000 | 18,140,000 | 17,679,000 | 17,337,000 | 16,842,000 | 17,569,000 | 15,472,000 | 15,770,000 | 16,306,000 | 17,016,000 | 15,456,000 | 16,271,000 | 15,846,000 |
| Current ratio | 1.17 | 1.14 | 1.25 | 1.10 | 1.10 | 1.22 | 1.32 | 1.34 | 1.22 | 1.39 | 1.47 | 1.52 | 1.42 | 1.48 | 1.39 | 1.29 | 1.19 | 1.29 | 1.24 | 1.22 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $19,310,000K ÷ $16,441,000K
= 1.17
United Parcel Service Inc's current ratio has fluctuated over the past few years, ranging from a low of 1.10 to a high of 1.52. The current ratio, which measures the company's ability to cover its short-term liabilities with its short-term assets, shows a general upward trend from March 31, 2020, to September 30, 2021, indicating an improving liquidity position. However, the ratio dipped in the subsequent quarters but remained above 1, suggesting that the company still had sufficient current assets to cover its current liabilities. The current ratio of 1.17 as of December 31, 2024, indicates that the company's current assets were around 1.17 times its current liabilities at that point in time. Overall, the current ratio of United Parcel Service Inc demonstrates a relatively stable liquidity position over the reported periods.