NCR Voyix Corporation (VYX)
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 | 1,671,000 | 1,825,000 | 1,064,000 | 1,238,000 | 1,206,000 | 3,093,000 | 2,954,000 | 3,070,000 | 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 |
| Total current liabilities | US$ in thousands | 1,420,000 | 1,527,000 | 1,254,000 | 1,335,000 | 1,333,000 | 2,680,000 | 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 |
| Current ratio | 1.18 | 1.20 | 0.85 | 0.93 | 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 |
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 fluctuated over the past few years, indicating the company's ability to cover its short-term liabilities with its current assets. The current ratio was relatively stable from March 31, 2020, to June 30, 2021, ranging between 1.05 to 1.80, suggesting a healthy liquidity position.
However, there was a noticeable decline in the current ratio from December 31, 2021, to June 30, 2024, dropping to as low as 0.85. This downward trend indicates a potential strain on the company's ability to meet its short-term obligations with its current assets during this period.
Although there was a slight improvement in the current ratio by December 31, 2024, with a ratio of 1.18, it is important for NCR Voyix Corporation to closely monitor and manage its liquidity position to ensure it can meet its short-term financial obligations effectively.