Dentsply Sirona Inc (XRAY)
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 | 1,746,000 | 1,921,000 | 1,758,000 | 1,902,000 | 1,973,000 | 1,913,000 | 1,920,000 | 1,943,000 | 1,893,000 | 1,939,000 | 1,885,000 | 1,886,000 | 1,837,000 | 1,804,000 | 1,785,000 | 1,696,000 | 1,791,000 | 2,579,600 | 2,362,900 | 1,805,200 |
| Total current liabilities | US$ in thousands | 1,589,000 | 1,542,000 | 1,323,000 | 1,330,000 | 1,425,000 | 1,218,000 | 1,271,000 | 1,374,000 | 1,170,000 | 1,296,000 | 1,241,000 | 1,303,000 | 1,186,000 | 1,126,000 | 1,251,000 | 1,212,000 | 1,317,000 | 1,178,200 | 763,000 | 891,500 |
| Current ratio | 1.10 | 1.25 | 1.33 | 1.43 | 1.38 | 1.57 | 1.51 | 1.41 | 1.62 | 1.50 | 1.52 | 1.45 | 1.55 | 1.60 | 1.43 | 1.40 | 1.36 | 2.19 | 3.10 | 2.02 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,746,000K ÷ $1,589,000K
= 1.10
The current ratio of Dentsply Sirona Inc has shown some fluctuations over the past few years. As of December 31, 2024, the current ratio stands at 1.10, indicating that the company may have difficulty meeting its short-term liabilities with its current assets.
It is important to note that a current ratio below 1.0 may signal financial distress, as it suggests that the company may not have enough current assets to cover its short-term obligations. However, a current ratio above 1.0 is generally considered healthy, as it implies that the company has sufficient current assets to meet its short-term liabilities.
Overall, Dentsply Sirona Inc's current ratio has been declining over the period analyzed, which may warrant further investigation into the company's liquidity position and ability to manage its short-term financial obligations.
Peer comparison
Dec 31, 2024