Vericel Corp Ord (VCEL)

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	212,777	190,520	197,386	189,718	205,631	186,211	182,871	177,545	186,866	166,375	155,094	151,880	158,462	144,946	138,520	127,213	123,560	125,382	115,762	119,162
Total current liabilities	US$ in thousands	50,286	41,346	43,863	36,470	45,749	35,946	35,611	28,753	37,463	27,004	25,014	21,731	26,052	18,828	23,863	23,230	22,483	21,313	18,121	20,750
Current ratio		4.23	4.61	4.50	5.20	4.49	5.18	5.14	6.17	4.99	6.16	6.20	6.99	6.08	7.70	5.80	5.48	5.50	5.88	6.39	5.74

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $212,777K ÷ $50,286K
= 4.23

Vericel Corp Ord's current ratio has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The current ratio, which measures the company's ability to cover its short-term obligations with its current assets, peaked at 7.70 on September 30, 2021, indicating a strong ability to meet its current liabilities.

Overall, the current ratio has generally been healthy, averaging around 6.00 during this period. However, there have been some instances of decrease, such as the drop to 4.49 on December 31, 2023, which might indicate a potential liquidity concern.

Investors and stakeholders should monitor Vericel Corp Ord's current ratio closely to ensure that the company maintains a satisfactory level of liquidity to meet its short-term obligations effectively.