Cummins Inc.CMINYSE
LOADING
|||
Current Ratio Over Time
Trending higher, below historical average, slight contraction.
Left:
||||
Current ratio (current assets / current liabilities)
Latest
1.31
↓ 17% below average
Average (9y)
1.59
Historical baseline
Range
High:2.09
Low:1.18
CAGR
-5.0%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 1.31 | +11.5% |
| 2023 | 1.18 | -6.9% |
| 2022 | 1.27 | -27.2% |
| 2021 | 1.74 | -7.5% |
| 2020 | 1.88 | +25.2% |
| 2019 | 1.50 | -2.5% |
| 2018 | 1.54 | -2.2% |
| 2017 | 1.57 | -11.7% |
| 2016 | 1.78 | -14.7% |
| 2015 | 2.09 | - |