VeriSign Inc (VRSN)

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	663,800	717,400	761,200	988,300	988,300	1,007,000	997,400	1,073,100	1,038,700	1,048,500	1,062,200	1,267,700	1,268,700	1,264,410	1,189,070	1,235,550	1,217,940	1,206,130	1,249,650	1,185,500
Total current liabilities	US$ in thousands	1,531,100	1,526,200	1,191,300	1,213,900	1,188,500	1,173,600	1,141,700	1,171,400	1,116,900	1,095,100	1,067,200	1,088,500	1,074,000	1,048,180	998,334	1,010,220	988,693	978,008	1,018,330	955,672
Current ratio		0.43	0.47	0.64	0.81	0.83	0.86	0.87	0.92	0.93	0.96	1.00	1.16	1.18	1.21	1.19	1.22	1.23	1.23	1.23	1.24

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 been gradually decreasing over the past few years, reflecting a potential weakening liquidity position. Starting at 1.24 in March 2020, the ratio has steadily declined to 0.43 by December 2024. This indicates that the company may be facing challenges in meeting its short-term obligations with its current assets. A current ratio below 1 suggests that VeriSign Inc may have difficulties covering its current liabilities using its current assets alone. It is crucial for the company to closely monitor its liquidity position and take necessary steps to improve its current ratio in order to maintain financial stability.