Visteon Corp (VC)
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 | 1,596,000 | 1,702,000 | 1,641,000 | 1,630,000 | 1,616,000 | 1,622,000 | 1,597,000 | 1,664,000 | 1,710,000 | 1,594,000 | 1,399,000 | 1,451,000 | 1,424,000 | 1,233,000 | 1,244,000 | 1,292,000 | 1,341,000 | 1,268,000 | 1,426,000 | 1,583,000 |
| Total current liabilities | US$ in thousands | 916,000 | 937,000 | 887,000 | 938,000 | 931,000 | 948,000 | 911,000 | 964,000 | 1,035,000 | 980,000 | 801,000 | 849,000 | 852,000 | 711,000 | 755,000 | 775,000 | 824,000 | 788,000 | 598,000 | 729,000 |
| Current ratio | 1.74 | 1.82 | 1.85 | 1.74 | 1.74 | 1.71 | 1.75 | 1.73 | 1.65 | 1.63 | 1.75 | 1.71 | 1.67 | 1.73 | 1.65 | 1.67 | 1.63 | 1.61 | 2.38 | 2.17 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,596,000K ÷ $916,000K
= 1.74
The current ratio of Visteon Corp has demonstrated some fluctuations over the period from March 31, 2020, to December 31, 2024. The current ratio reflects the company's ability to cover its short-term liabilities with its current assets.
Initially, the ratio increased from 2.17 on March 31, 2020, to a peak of 2.38 on June 30, 2020, indicating a strengthening liquidity position. However, from September 30, 2020, to March 31, 2022, there was a gradual decline in the current ratio to 1.63, suggesting potential difficulties in meeting short-term obligations.
From June 30, 2022, to June 30, 2024, the current ratio showed minor fluctuations within the range of 1.63 to 1.85. Despite these fluctuations, Visteon Corp maintained its ability to cover its short-term liabilities, with the ratio mostly above 1.5, which is generally considered acceptable.
Overall, the current ratio of Visteon Corp has oscillated between 1.61 and 2.38 during the period analyzed, with the company generally possessing sufficient current assets to meet its short-term obligations. However, management should continue to monitor and manage working capital effectively to ensure ongoing liquidity and financial stability.
Peer comparison
Dec 31, 2024