Wolverine World Wide Inc (WWW)
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 | 688,500 | 762,300 | 790,800 | 825,900 | 1,025,100 | 1,097,200 | 1,163,900 | 1,202,600 | 1,265,300 | 1,551,800 | 1,293,300 | 1,077,900 | 903,700 | 1,002,600 | 1,086,400 | 1,047,200 | 904,200 | 1,042,000 | 1,118,600 | 1,251,700 |
| Total current liabilities | US$ in thousands | 533,100 | 618,600 | 665,600 | 730,300 | 869,400 | 851,700 | 964,200 | 1,035,900 | 1,110,300 | 1,331,300 | 1,094,700 | 967,400 | 759,600 | 852,100 | 522,900 | 497,800 | 406,000 | 560,000 | 676,400 | 1,119,700 |
| Current ratio | 1.29 | 1.23 | 1.19 | 1.13 | 1.18 | 1.29 | 1.21 | 1.16 | 1.14 | 1.17 | 1.18 | 1.11 | 1.19 | 1.18 | 2.08 | 2.10 | 2.23 | 1.86 | 1.65 | 1.12 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $688,500K ÷ $533,100K
= 1.29
The current ratio of Wolverine World Wide Inc has exhibited fluctuations over the past few years. The ratio indicates the company's ability to cover its short-term liabilities with its current assets.
From March 31, 2020, to December 31, 2022, the current ratio increased steadily, peaking at 2.23, indicating a strengthening liquidity position during this period. However, from March 31, 2023, the current ratio started to fluctuate within a narrower range, with a slight decline observed in the most recent quarters.
Overall, the company's current ratio has generally been above 1, suggesting that Wolverine World Wide Inc has had sufficient current assets to cover its short-term obligations. However, the recent fluctuations may indicate changes in the company's liquidity position that warrant further monitoring and analysis.
Peer comparison
Dec 31, 2024