US Foods Holding Corp (USFD)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,974,000 | 4,031,000 | 3,820,000 | 3,594,000 | 3,465,000 |
| Total current liabilities | US$ in thousands | 3,296,000 | 3,112,000 | 2,796,000 | 2,550,000 | 1,982,000 |
| Current ratio | 1.21 | 1.30 | 1.37 | 1.41 | 1.75 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,974,000K ÷ $3,296,000K
= 1.21
The current ratio of US Foods Holding Corp has been declining over the past five years, from 1.75 in December 2020 to 1.21 in December 2024. This indicates a decrease in the company's ability to cover its short-term obligations with its current assets. While the current ratio above 1 suggests that the company has enough current assets to meet its current liabilities, the downward trend may raise concerns about its liquidity position. A lower current ratio could potentially indicate inefficiencies in managing and utilizing current assets or an increase in short-term liabilities. Monitoring this ratio is crucial, as it provides insights into the company's short-term financial health and ability to meet its financial obligations in the near future.
Peer comparison
Dec 31, 2024