Visteon Corp (VC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,596,000 | 1,616,000 | 1,710,000 | 1,424,000 | 1,341,000 |
| Total current liabilities | US$ in thousands | 916,000 | 931,000 | 1,035,000 | 852,000 | 824,000 |
| Current ratio | 1.74 | 1.74 | 1.65 | 1.67 | 1.63 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,596,000K ÷ $916,000K
= 1.74
The current ratio for Visteon Corp has shown a generally stable trend over the period from December 31, 2020, to December 31, 2024. This ratio indicates the company's ability to cover its short-term liabilities with its current assets.
Visteon Corp's current ratio has consistently remained above 1, ranging from 1.63 in December 2020 to 1.74 in December 2023 and 2024. A current ratio above 1 suggests that the company has more current assets than current liabilities, which is a positive sign of financial health and liquidity.
The slight fluctuations in the current ratio within this range indicate that Visteon Corp has been able to effectively manage its current assets and liabilities over the years. However, it is important to keep an eye on this ratio to ensure that the company continues to maintain sufficient liquidity to meet its short-term obligations.
Peer comparison
Dec 31, 2024