VeriSign Inc (VRSN)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 663,800 988,300 1,038,700 1,268,700 1,217,940
Total current liabilities US$ in thousands 1,531,100 1,188,500 1,116,900 1,074,000 988,693
Current ratio 0.43 0.83 0.93 1.18 1.23

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $663,800K ÷ $1,531,100K
= 0.43

VeriSign Inc's current ratio has exhibited a declining trend over the five-year period from December 31, 2020, to December 31, 2024. The current ratio decreased from 1.23 in 2020 to 0.43 in 2024, indicating a weakening liquidity position. A current ratio below 1 suggests that the company may have difficulty meeting its short-term obligations with its current assets. VeriSign Inc may need to assess and manage its current assets and liabilities more effectively to improve its liquidity position and ensure its ability to meet short-term financial obligations.