Verizon Communications Inc (VZ)

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	40,523,000	40,641,000	38,056,000	37,957,000	36,814,000	38,119,000	37,388,000	35,722,000	37,857,000	39,746,000	37,499,000	35,580,000	36,728,000	40,277,000	35,626,000	39,647,000	54,594,000	38,572,000	37,333,000	40,705,000
Total current liabilities	US$ in thousands	64,771,000	61,816,000	60,806,000	53,631,000	53,223,000	55,677,000	51,404,000	47,768,000	50,171,000	53,141,000	49,224,000	46,585,000	47,160,000	41,358,000	40,078,000	38,730,000	39,660,000	36,185,000	38,886,000	41,057,000
Current ratio		0.63	0.66	0.63	0.71	0.69	0.68	0.73	0.75	0.75	0.75	0.76	0.76	0.78	0.97	0.89	1.02	1.38	1.07	0.96	0.99

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $40,523,000K ÷ $64,771,000K
= 0.63

Verizon Communications Inc's current ratio has exhibited fluctuations over the past few years, ranging from a low of 0.63 to a high of 1.38. The current ratio, which measures the company's ability to cover its short-term liabilities with its current assets, has generally been below 1 in recent quarters, indicating that Verizon may have had difficulties meeting its short-term obligations with its current assets alone. It is important for investors and stakeholders to closely monitor the trend of the current ratio to assess Verizon's liquidity position and its ability to efficiently manage its short-term financial obligations.