Vulcan Materials Company (VMC)
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 | 2,265,700 | 2,212,900 | 1,976,500 | 1,907,600 | 2,524,900 | 2,701,200 | 2,043,700 | 1,792,500 | 1,902,000 | 2,333,400 | 1,899,500 | 1,662,600 | 1,691,100 | 1,718,420 | 2,200,420 | 1,993,010 | 2,277,160 | 2,265,330 | 2,030,110 | 1,276,780 |
| Total current liabilities | US$ in thousands | 1,239,100 | 774,100 | 796,800 | 696,200 | 797,600 | 864,200 | 793,300 | 756,900 | 956,600 | 1,362,500 | 1,029,300 | 892,700 | 769,300 | 876,693 | 599,245 | 565,857 | 1,047,880 | 1,069,890 | 1,038,750 | 475,676 |
| Current ratio | 1.83 | 2.86 | 2.48 | 2.74 | 3.17 | 3.13 | 2.58 | 2.37 | 1.99 | 1.71 | 1.85 | 1.86 | 2.20 | 1.96 | 3.67 | 3.52 | 2.17 | 2.12 | 1.95 | 2.68 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,265,700K ÷ $1,239,100K
= 1.83
The current ratio of Vulcan Materials Company has fluctuated over the period indicated in the data.
The current ratio, which measures the company's ability to meet its short-term obligations with its current assets, ranged between a low of 1.71 on September 30, 2022, and a high of 3.67 on June 30, 2021.
A ratio above 1 indicates that the company has more current assets than current liabilities, suggesting a healthy liquidity position. During the period, the ratio generally stayed above 1, indicating that the company had sufficient current assets to cover its short-term obligations.
It is essential to note the significant fluctuations in the current ratio throughout the period, which could reflect changes in the company's working capital management or variations in the levels of current assets and liabilities.
Analyzing the trend in the current ratio over time can provide insights into Vulcan Materials Company's liquidity management and financial health.
Peer comparison
Dec 31, 2024