US Foods Holding Corp (USFD)
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 | 3,974,000 | 4,116,000 | 4,334,000 | 4,234,000 | 4,031,000 | 4,209,000 | 4,082,000 | 4,094,000 | 3,820,000 | 4,298,000 | 4,121,000 | 4,050,000 | 3,594,000 | 4,235,000 | 4,166,000 | 4,084,000 | 3,465,000 | 3,805,000 | 4,422,000 | 3,923,000 |
| Total current liabilities | US$ in thousands | 3,296,000 | 3,469,000 | 3,366,000 | 3,238,000 | 3,112,000 | 3,252,000 | 3,048,000 | 3,052,000 | 2,796,000 | 3,170,000 | 3,016,000 | 3,029,000 | 2,550,000 | 2,852,000 | 2,768,000 | 2,571,000 | 1,982,000 | 2,372,000 | 2,725,000 | 2,027,000 |
| Current ratio | 1.21 | 1.19 | 1.29 | 1.31 | 1.30 | 1.29 | 1.34 | 1.34 | 1.37 | 1.36 | 1.37 | 1.34 | 1.41 | 1.48 | 1.51 | 1.59 | 1.75 | 1.60 | 1.62 | 1.94 |
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 shown a declining trend over the past few years, starting at 1.94 as of March 31, 2020, and gradually decreasing to 1.21 as of December 31, 2024. The current ratio measures the company's ability to meet its short-term obligations with its current assets, with a ratio of 1 indicating that current assets are equal to current liabilities.
A current ratio above 1 is generally considered healthy, as it suggests the company has more current assets than current liabilities, which indicates the company's short-term liquidity. However, as the ratio decreases over the years for US Foods Holding Corp, it may raise concerns about its ability to cover its short-term obligations with existing assets.
It is important to monitor the current ratio in conjunction with other financial metrics to get a complete picture of the company's financial health and liquidity position. Further analysis and comparison with industry benchmarks may provide more insights into the company's overall financial performance and stability.
Peer comparison
Dec 31, 2024