Verisk Analytics Inc (VRSK)

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	911,600	1,092,600	1,307,200	1,017,000	810,100	928,200	854,800	790,800	925,100	918,400	1,186,600	1,119,400	902,600	934,100	918,700	1,041,600	794,200	799,700	878,700	814,000
Total current liabilities	US$ in thousands	74,700	1,335,100	1,371,300	929,800	771,400	784,100	800,800	890,100	2,319,200	1,980,300	2,112,500	2,404,600	1,843,200	1,843,100	1,493,900	1,622,900	1,430,800	1,422,900	1,490,300	1,597,900
Current ratio		12.20	0.82	0.95	1.09	1.05	1.18	1.07	0.89	0.40	0.46	0.56	0.47	0.49	0.51	0.61	0.64	0.56	0.56	0.59	0.51

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $911,600K ÷ $74,700K
= 12.20

Verisk Analytics Inc's current ratio has shown fluctuations over the period under review, ranging from a low of 0.40 on December 31, 2022, to a high of 12.20 on December 31, 2024. The current ratio measures a company's ability to cover its short-term liabilities with its short-term assets, with a ratio above 1 indicating a company has more current assets than current liabilities.

The current ratio dipped below 1 multiple times between March 31, 2020, and June 30, 2022, raising concerns about the company's short-term liquidity and ability to meet its near-term obligations. However, from March 31, 2023, onwards, the current ratio improved significantly, exceeding 1 consistently and even showing a drastic surge to 12.20 on December 31, 2024.

While the sharp increase in the current ratio on December 31, 2024, may raise questions about the accuracy of the data or potential irregularities, the overall trend towards higher current ratios in recent periods suggests that Verisk Analytics Inc may have enhanced its liquidity position and strengthened its ability to meet short-term obligations. Further analysis and examination of the underlying financial data would be needed to determine the factors driving these fluctuations and the company's current financial health accurately.