ViaSat Inc (VSAT)
Current ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,478,900 | 3,736,310 | 4,059,190 | 3,426,470 | 2,244,510 | 1,252,180 | 1,147,080 | 1,128,340 | 1,159,470 | 1,027,870 | 1,066,390 | 1,133,030 | 991,233 | 967,603 | 1,041,120 | 921,525 | 1,045,700 | 750,241 | 755,633 | 804,182 |
| Total current liabilities | US$ in thousands | 1,295,880 | 1,376,520 | 1,549,400 | 1,471,460 | 956,719 | 851,223 | 803,622 | 726,128 | 770,421 | 786,627 | 734,305 | 744,555 | 708,437 | 641,642 | 624,583 | 565,187 | 604,579 | 538,403 | 501,719 | 490,081 |
| Current ratio | 2.68 | 2.71 | 2.62 | 2.33 | 2.35 | 1.47 | 1.43 | 1.55 | 1.50 | 1.31 | 1.45 | 1.52 | 1.40 | 1.51 | 1.67 | 1.63 | 1.73 | 1.39 | 1.51 | 1.64 |
March 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,478,900K ÷ $1,295,880K
= 2.68
The current ratio of ViaSat Inc has fluctuated over the past several quarters, ranging from a low of 1.31 to a high of 2.71. As of March 31, 2024, the current ratio stands at 2.68, indicating that the company has $2.68 in current assets for every $1 in current liabilities. This suggests that ViaSat Inc has a strong liquidity position, with sufficient short-term assets to cover its short-term obligations.
The upward trend in the current ratio from the fourth quarter of 2023 to the first quarter of 2024 indicates an improvement in ViaSat Inc's liquidity position during this period. The current ratio exceeding 2.0 in recent quarters indicates a healthy liquidity position, as a ratio above 2.0 generally suggests that the company is capable of meeting its short-term obligations comfortably.
It is important for investors and analysts to continue monitoring ViaSat Inc's current ratio in future quarters to assess the company's ongoing liquidity and short-term financial health.
Peer comparison
Mar 31, 2024