Warner Bros Discovery Inc (WBD)

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	14,218,000	12,831,000	13,773,000	13,727,000	13,999,000	12,672,000	15,449,000	7,173,000	7,264,000	6,656,000	6,728,000	5,865,000	6,130,000	5,478,000	4,717,000	4,626,000	5,217,000	4,313,000	4,932,000	4,025,000
Total current liabilities	US$ in thousands	15,332,000	14,588,000	16,906,000	16,380,000	15,017,000	14,676,000	14,436,000	3,562,000	3,459,000	3,335,000	3,565,000	3,142,000	3,082,000	2,756,000	2,576,000	2,875,000	3,239,000	2,837,000	3,874,000	3,475,000
Current ratio		0.93	0.88	0.81	0.84	0.93	0.86	1.07	2.01	2.10	2.00	1.89	1.87	1.99	1.99	1.83	1.61	1.61	1.52	1.27	1.16

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $14,218,000K ÷ $15,332,000K
= 0.93

Warner Bros. Discovery Inc's current ratio has exhibited fluctuations over the past eight quarters, ranging from 0.81 to 2.01. The current ratio measures a company's ability to meet its short-term obligations with its current assets. A current ratio below 1 indicates that a company may have difficulty covering its short-term liabilities, which could signify liquidity issues.

Warner Bros. Discovery Inc's current ratio has generally been below 1 in recent quarters, suggesting a potential challenge in meeting its short-term obligations with its current assets. The lowest ratio of 0.81 in Q2 2023 indicates a relatively weaker liquidity position, while the highest ratio of 2.01 in Q1 2022 reflects a strong ability to cover short-term liabilities.

It is important for investors and analysts to monitor the trend in the current ratio over time to assess Warner Bros. Discovery Inc's liquidity position and ability to manage its short-term financial obligations effectively.