WESCO International Inc (WCC)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 8,351,400 | 8,391,600 | 8,330,540 | 6,350,110 | 5,506,630 |
| Total current liabilities | US$ in thousands | 3,804,000 | 3,388,400 | 3,817,350 | 3,049,810 | 2,986,460 |
| Current ratio | 2.20 | 2.48 | 2.18 | 2.08 | 1.84 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $8,351,400K ÷ $3,804,000K
= 2.20
WESCO International Inc's current ratio has shown a positive trend over the past five years, increasing from 1.84 in December 31, 2020, to 2.20 in December 31, 2024. This indicates that the company's current assets have been increasing relative to its current liabilities, suggesting improved short-term liquidity and financial health. The current ratio of 2.20 as of December 31, 2024, indicates that WESCO International Inc has more than twice as many current assets as current liabilities, providing a comfortable cushion to meet its short-term obligations. This trend reflects a strengthened ability to cover its short-term liabilities and suggests effective management of working capital.
Peer comparison
Dec 31, 2024