Xencor Inc (XNCR)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 577,601 623,160 675,342 424,368 637,672
Total current liabilities US$ in thousands 87,432 84,709 63,844 70,738 121,061
Current ratio 6.61 7.36 10.58 6.00 5.27

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $577,601K ÷ $87,432K
= 6.61

The current ratio of Xencor Inc has shown a generally increasing trend over the past five years, from 5.27 in December 2020 to 6.61 in December 2024. This indicates that the company's ability to meet its short-term obligations with its current assets has improved over the period. The ratio has fluctuated slightly, with a peak of 10.58 in December 2022 and a low of 5.27 in December 2020. Overall, Xencor Inc appears to have a healthy liquidity position, as its current assets continue to exceed its current liabilities by a comfortable margin, providing a buffer for short-term financial stability.