NCR Voyix Corporation (VYX)
Current ratio
| 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 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,206,000 | 3,082,000 | 2,949,000 | 3,068,000 | 3,082,000 | 3,191,000 | 3,054,000 | 2,976,000 | 2,876,000 | 2,778,000 | 3,106,000 | 2,612,000 | 2,478,000 | 3,997,000 | 4,136,000 | 3,777,000 | 3,144,000 | 3,156,000 | 3,035,000 | 3,016,000 |
| Total current liabilities | US$ in thousands | 1,333,000 | 2,681,000 | 2,657,000 | 2,816,000 | 2,713,000 | 2,770,000 | 2,833,000 | 2,830,000 | 2,808,000 | 2,734,000 | 2,967,000 | 2,218,000 | 2,088,000 | 2,278,000 | 2,294,000 | 2,406,000 | 2,538,000 | 2,346,000 | 2,303,000 | 2,381,000 |
| Current ratio | 0.90 | 1.15 | 1.11 | 1.09 | 1.14 | 1.15 | 1.08 | 1.05 | 1.02 | 1.02 | 1.05 | 1.18 | 1.19 | 1.75 | 1.80 | 1.57 | 1.24 | 1.35 | 1.32 | 1.27 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,206,000K ÷ $1,333,000K
= 0.90
The current ratio of NCR Voyix Corporation has shown some fluctuations over the past 5 years. The current ratio measures the company's ability to cover its short-term liabilities with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities.
Looking at the trend, the current ratio has generally been above 1, which is a positive sign as it suggests that the company has had sufficient current assets to cover its short-term obligations. However, there have been some fluctuations in the ratio, indicating changes in the company's liquidity position over time.
In recent quarters, the current ratio has been below 1, which may raise some concerns about the company's ability to meet its short-term obligations. It is important to monitor the trend of the current ratio over time to assess the company's liquidity and financial health.