NCR Voyix Corporation (VYX)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,671,000 | 1,206,000 | 3,082,000 | 2,876,000 | 2,478,000 |
| Total current liabilities | US$ in thousands | 1,420,000 | 1,333,000 | 2,713,000 | 2,808,000 | 2,088,000 |
| Current ratio | 1.18 | 0.90 | 1.14 | 1.02 | 1.19 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,671,000K ÷ $1,420,000K
= 1.18
The current ratio of NCR Voyix Corporation has shown fluctuations over the past five years. As of December 31, 2020, the current ratio was 1.19, indicating that the company had $1.19 in current assets for every $1 in current liabilities. This ratio decreased to 1.02 by the end of 2021, suggesting a potential liquidity strain.
In 2022, the current ratio improved to 1.14, signaling a better ability to cover short-term obligations. However, there was a notable decline in 2023, with the current ratio dropping to 0.90, which may raise concerns about the company's short-term liquidity position.
By the end of 2024, the current ratio rose again to 1.18, demonstrating a recovery in liquidity. Overall, the fluctuating trend in the current ratio indicates varying levels of liquidity management by NCR Voyix Corporation over the five-year period.