Vontier Corp (VNT)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,370,000 | 1,343,000 | 1,292,600 | 1,361,400 | 1,332,500 | 1,303,200 | 1,276,200 | 1,339,500 | 1,385,000 | 1,340,000 | 1,345,900 | 1,257,100 | 1,478,200 |
| Total current liabilities | US$ in thousands | 909,200 | 818,200 | 766,600 | 865,100 | 955,300 | 867,700 | 846,200 | 883,100 | 929,900 | 875,300 | 850,100 | 848,300 | 933,400 |
| Current ratio | 1.51 | 1.64 | 1.69 | 1.57 | 1.39 | 1.50 | 1.51 | 1.52 | 1.49 | 1.53 | 1.58 | 1.48 | 1.58 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,370,000K ÷ $909,200K
= 1.51
The current ratio of Vontier Corp has been relatively stable over the past few years, ranging from 1.39 to 1.69. The current ratio measures the company's ability to meet its short-term liabilities with its current assets.
A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a positive sign of liquidity. Vontier Corp's current ratio fluctuated within a relatively narrow range, suggesting that the company has been able to maintain a healthy balance between its current assets and liabilities.
Although the current ratio decreased slightly in some periods, such as December 31, 2023, the overall trend indicates that Vontier Corp has been managing its short-term obligations effectively. A current ratio above 1 also suggests that the company is likely able to cover its short-term liabilities without facing liquidity issues.
Overall, based on the current ratio trend, Vontier Corp appears to have a solid liquidity position, which may indicate the company's ability to manage its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024