Ziff Davis Inc (ZD)
Current ratio
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,190,990 | 1,063,660 | 1,074,860 | 1,106,580 | 1,084,270 | 975,304 | 1,025,080 | 1,192,930 | 1,300,670 | 888,273 | 661,978 | 675,503 | 622,843 | 807,324 | 853,145 | 782,095 | 886,890 | 344,911 | 365,335 | 435,561 |
| Total current liabilities | US$ in thousands | 431,833 | 419,498 | 436,043 | 441,179 | 432,448 | 416,455 | 484,047 | 432,191 | 497,238 | 1,028,400 | 845,019 | 867,534 | 882,555 | 768,913 | 772,181 | 368,681 | 833,104 | 410,053 | 387,713 | 348,523 |
| Current ratio | 2.76 | 2.54 | 2.47 | 2.51 | 2.51 | 2.34 | 2.12 | 2.76 | 2.62 | 0.86 | 0.78 | 0.78 | 0.71 | 1.05 | 1.10 | 2.12 | 1.06 | 0.84 | 0.94 | 1.25 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,190,990K ÷ $431,833K
= 2.76
The current ratio of Ziff Davis Inc has displayed some fluctuations over the past eight quarters. From Q1 2022 to Q1 2023, the current ratio ranged from 2.12 to 2.76, indicating strong liquidity levels for the company.
In the most recent quarter, Q4 2023, the current ratio stood at 2.76, reflecting the company's ability to cover its short-term obligations with its current assets. This suggests that Ziff Davis Inc has a healthy balance between current assets and current liabilities.
Overall, the trend in the current ratio indicates that Ziff Davis Inc has maintained relatively stable liquidity levels over the analyzed period, with the latest quarter showing a strong position. This consistent performance may indicate effective management of working capital and a good financial position for the company. Further analysis of other financial ratios and contextual factors would be needed to provide a more comprehensive assessment of Ziff Davis Inc's financial health.