ZoomInfo Technologies Inc (ZI)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 451,000 | 390,700 | 659,600 | 740,200 | 864,300 | 855,100 | 944,700 | 905,100 | 832,000 | 663,200 | 578,800 | 617,200 | 545,700 | 408,700 | 530,000 | 485,500 |
| Total current liabilities | US$ in thousands | 652,100 | 624,100 | 680,700 | 664,100 | 638,400 | 573,100 | 607,900 | 617,000 | 572,700 | 518,000 | 535,800 | 515,900 | 507,600 | 407,900 | 385,500 | 348,200 |
| Current ratio | 0.69 | 0.63 | 0.97 | 1.11 | 1.35 | 1.49 | 1.55 | 1.47 | 1.45 | 1.28 | 1.08 | 1.20 | 1.08 | 1.00 | 1.37 | 1.39 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $451,000K ÷ $652,100K
= 0.69
The current ratio of ZoomInfo Technologies Inc, which measures the company's ability to meet its short-term obligations with its current assets, has displayed some fluctuations over the analyzed period.
From March 31, 2021, to December 31, 2022, the current ratio remained relatively stable, fluctuating between 1.00 and 1.45, indicating the company had a comfortable level of current assets to cover its short-term liabilities during this period.
However, starting from March 31, 2023, the current ratio experienced a significant increase, reaching a peak of 1.55 by June 30, 2023. This surge potentially suggests an increase in current assets relative to current liabilities, reflecting improved liquidity and financial health for the company during this period.
Subsequently, the current ratio declined from the high of 1.55 and fluctuated between 0.63 and 1.35 from September 30, 2023, to December 31, 2024. These fluctuations might indicate varying levels of liquidity and the company's ability to comfortably meet its short-term obligations possibly affected by changes in current assets and liabilities.
The decrease in the current ratio to 0.69 by December 31, 2024, could indicate a potential concern regarding the company's liquidity position and its ability to cover short-term liabilities with current assets, which may warrant further investigation and monitoring of the company's financial health in upcoming periods.
Peer comparison
Dec 31, 2024