Wynn Resorts Limited (WYNN)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 2,921,680 4,241,620 4,029,590 2,875,920 3,813,150
Total current liabilities US$ in thousands 1,539,530 2,200,450 1,811,420 1,287,880 1,880,890
Current ratio 1.90 1.93 2.22 2.23 2.03

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,921,680K ÷ $1,539,530K
= 1.90

The current ratio of Wynn Resorts Limited has exhibited a generally positive trend over the years, starting at 2.03 in December 2020 and reaching a peak of 2.23 by December 2021. Although there was a slight decrease to 2.22 by December 2022, the ratio remained relatively stable. However, a decline was observed in subsequent years, with the current ratio dropping to 1.93 by December 2023 and further to 1.90 by December 2024.

While the current ratio indicates the company's ability to meet its short-term financial obligations with its current assets, a ratio above 1 implies that the company possesses more current assets than current liabilities. Despite the recent declines, Wynn Resorts Limited continues to maintain a current ratio above 1, suggesting a healthy liquidity position in the short term. It is important for investors and stakeholders to continue monitoring this ratio to assess the company's liquidity and financial health.