Werner Enterprises Inc (WERN)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	541,773	634,628	762,615	617,424	456,916
Total current liabilities	US$ in thousands	355,749	330,585	309,520	269,647	274,014
Current ratio		1.52	1.92	2.46	2.29	1.67

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $541,773K ÷ $355,749K
= 1.52

The current ratio of Werner Enterprises Inc has displayed fluctuating trends over the past five years. As of December 31, 2020, the ratio stood at 1.67, indicating that the company had $1.67 in current assets for every $1 in current liabilities. Subsequently, the ratio experienced an upward trend, reaching 2.29 by December 31, 2021, and further increasing to 2.46 by December 31, 2022. This indicates an improving liquidity position over these years.

However, there was a slight decline in the current ratio by the end of 2023, dropping to 1.92, and a more significant decrease to 1.52 by December 31, 2024. The decreasing trend suggests a potential decrease in the company's ability to cover its short-term obligations with current assets.

Overall, while the company's current ratio has shown some volatility, it has generally remained above 1, indicating that Werner Enterprises Inc has, for the most part, maintained a satisfactory level of liquidity to meet its short-term obligations. It is important for stakeholders to monitor this ratio closely to ensure the company's ability to manage its short-term financial commitments effectively.