Xylem Inc (XYL)
Current ratio
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 4,098,000 | 4,013,000 | 3,893,000 | 3,884,000 | 3,651,000 | 3,735,000 | 3,010,000 | 3,012,000 | 3,191,000 | 3,174,000 | 3,118,000 | 3,160,000 | 3,057,000 | 3,623,000 | 3,401,000 | 3,523,000 | 3,311,000 | 3,301,000 | 2,462,000 | 2,450,000 |
| Total current liabilities | US$ in thousands | 2,336,000 | 2,052,000 | 2,331,000 | 2,205,000 | 2,120,000 | 2,282,000 | 1,494,000 | 1,590,000 | 1,929,000 | 1,951,000 | 1,920,000 | 1,391,000 | 1,314,000 | 1,959,000 | 1,844,000 | 1,956,000 | 1,280,000 | 1,373,000 | 1,584,000 | 1,501,000 |
| Current ratio | 1.75 | 1.96 | 1.67 | 1.76 | 1.72 | 1.64 | 2.01 | 1.89 | 1.65 | 1.63 | 1.62 | 2.27 | 2.33 | 1.85 | 1.84 | 1.80 | 2.59 | 2.40 | 1.55 | 1.63 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,098,000K ÷ $2,336,000K
= 1.75
The current ratio of Xylem Inc has varied over the past few years. The current ratio indicates the company's ability to cover its short-term obligations with its current assets.
From December 2019 to June 2020, there was a significant improvement in the current ratio, reaching a peak of 2.59 in September 2020. This indicates a strong ability to meet short-term obligations during that period. However, the ratio then decreased to 1.80 by December 2020.
There was a slight recovery in the current ratio in the first half of 2021, with ratios ranging from 1.84 to 1.85. From September 2021 to March 2022, the ratio declined to 1.62, indicating a potential strain on the company's ability to cover short-term obligations.
The current ratio improved again in the second half of 2022, reaching 1.89 by December 2022. It then increased further to 2.01 by March 2023, indicating an enhanced ability to cover short-term obligations.
Subsequently, the current ratio fluctuated between 1.64 and 1.96 from June 2023 to September 2024, suggesting some variability in the company's short-term liquidity position. As of December 2024, the current ratio stood at 1.75.
Overall, while the company has shown fluctuations in its current ratio over time, there have been periods of strength in its ability to meet short-term obligations, interspersed with periods of potential liquidity strain. It is important for Xylem Inc to closely monitor its current ratio to ensure it maintains a healthy balance between current assets and current liabilities.
Peer comparison
Dec 31, 2024