ADVANCED DRAINAGE SYSTEMS, INC. (WMS) Current Ratio
- Current ratio · latest quarter: Value 2.12×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 2.12× | Current assets / current liabilities. $1.24B ÷ $585.63M ≈ 2.12× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 1.24B USD | Assets, Current |
| Current obligations | 585.63M USD | Liabilities, Current |
| Cash and equivalents | 162.25M USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | (m) | |
| Inventory | 548.54M USD | Inventory, Net |
| Payables | 298.24M USD | Accounts Payable, Current |
| Borrowing debt due within one year | 7.71M USD | Long-term Debt, Current Maturities |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $1.24B | $585.63M | $162.25M | (m) | (m) | $548.54M | $298.24M | $7.71M | 2.12× |
| 2026-03-31 | $1.23B | $509.47M | $223.01M | (m) | (m) | $543.38M | $237.71M | $5.87M | 2.42× |
| 2025-12-31 | $1.71B | $413.38M | $1.01B | (m) | (m) | $431.25M | $168.88M | $6.46M | 4.12× |
| 2025-09-30 | $1.67B | $480.86M | $812.86M | (m) | (m) | $423.78M | $225.95M | $8.66M | 3.48× |
| 2025-06-30 | $1.52B | $471.60M | $638.27M | (m) | (m) | $453.69M | $227.08M | $9.31M | 3.22× |
| 2025-03-31 | $1.32B | $398.40M | $463.32M | (m) | (m) | $488.27M | $218.02M | $9.93M | 3.33× |
| 2024-12-31 | $1.25B | $388.09M | $488.86M | (m) | (m) | $476.37M | $183.91M | $10.62M | 3.21× |
| 2024-09-30 | $1.49B | $467.34M | $613.02M | (m) | (m) | $487.23M | $273.29M | $11.13M | 3.19× |
| 2024-06-30 | $1.42B | $492.93M | $541.64M | (m) | (m) | $487.83M | $264.83M | $11.49M | 2.89× |
| 2024-03-31 | $1.30B | $439.62M | $490.16M | (m) | (m) | $464.20M | $254.40M | $11.87M | 2.96× |
| 2023-12-31 | $1.24B | $409.13M | $560.74M | (m) | (m) | $405.41M | $207.90M | $12.28M | 3.03× |
| 2023-09-30 | $1.23B | $427.87M | $470.41M | (m) | (m) | $385.09M | $223.54M | $12.95M | 2.88× |
| 2023-06-30 | $1.17B | $419.59M | $366.10M | (m) | (m) | $434.63M | $205.59M | $13.81M | 2.78× |
| 2023-03-31 | $1.02B | $378.80M | $217.13M | (m) | (m) | $463.99M | $210.11M | $14.69M | 2.69× |
| 2022-12-31 | $1.16B | $370.28M | $426.69M | (m) | (m) | $459.03M | $174.11M | $15.60M | 3.13× |
| 2022-09-30 | $1.35B | $439.30M | $457.36M | (m) | (m) | $479.17M | $236.60M | $16.77M | 3.07× |
| 2022-06-30 | $1.40B | $504.76M | $463.70M | (m) | (m) | $489.49M | $274.61M | $18.11M | 2.78× |
| 2022-03-31 | $871.90M | $391.24M | $20.13M | (m) | (m) | $494.32M | $224.99M | $19.45M | 2.23× |
| 2021-12-31 | $807.02M | $364.08M | $22.17M | (m) | (m) | $465.52M | $195.47M | $20.76M | 2.22× |
| 2021-09-30 | $817.57M | $413.84M | $14.01M | (m) | (m) | $425.24M | $257.58M | $7.00M | 1.98× |
| 2021-06-30 | $795.60M | $407.45M | $142.83M | (m) | (m) | $330.71M | $229.30M | $7.00M | 1.95× |
| 2021-03-31 | $742.98M | $318.27M | $195.01M | (m) | (m) | $300.96M | $171.10M | $7.00M | 2.33× |
| 2020-12-31 | $663.53M | $277.56M | $224.00M | (m) | (m) | $238.86M | $108.37M | $7.00M | 2.39× |
| 2020-09-30 | $700.58M | $282.49M | $203.88M | (m) | (m) | $223.27M | $114.03M | $7.00M | 2.48× |
| 2020-06-30 | $729.36M | $258.90M | $235.21M | (m) | (m) | $239.24M | $96.65M | $7.96M | 2.82× |
| 2020-03-31 | $666.21M | $238.21M | $174.23M | (m) | (m) | $282.40M | $106.71M | $7.96M | 2.80× |
| 2019-12-31 | $525.78M | $222.09M | $98.31M | (m) | (m) | $261.35M | $78.29M | $7.95M | 2.37× |
| 2019-09-30 | $564.22M | $241.35M | $54.21M | (m) | (m) | $248.91M | $111.45M | $6.20M | 2.34× |
| 2019-06-30 | $480.65M | $243.98M | $9.36M | (m) | (m) | $230.28M | $106.41M | $25.94M | 1.97× |
| 2019-03-31 | $466.51M | $206.28M | $8.89M | (m) | (m) | $264.54M | $93.58M | $25.93M | 2.26× |
| 2018-12-31 | $426.39M | $190.06M | $19.76M | (m) | (m) | $246.45M | $66.36M | $26.16M | 2.24× |
| 2018-09-30 | $508.96M | $220.80M | $17.61M | (m) | (m) | $247.16M | $95.86M | $26.39M | 2.31× |
| 2018-06-30 | $517.76M | $233.42M | $18.39M | (m) | (m) | $261.72M | $102.88M | $26.62M | 2.22× |
| 2018-03-31 | $458.45M | $221.24M | $17.59M | (m) | (m) | $263.79M | $105.52M | $26.85M | 2.07× |
| 2017-12-31 | $415.36M | $197.57M | $18.41M | (m) | (m) | $215.04M | $71.59M | $26.83M | 2.10× |
| 2017-09-30 | $512.34M | $226.53M | $11.18M | (m) | (m) | $214.28M | $93.94M | $26.82M | 2.26× |
| 2017-06-30 | $495.85M | $228.81M | $8.72M | (m) | (m) | $262.19M | $107.13M | $27.30M | 2.17× |
| 2017-03-31 | $440.57M | $255.75M | $6.45M | (m) | (m) | $258.43M | $121.92M | $37.79M | 1.72× |
| 2016-12-31 | $394.79M | $216.68M | $12.10M | (m) | (m) | $222.63M | $71.36M | $36.72M | 1.82× |
| 2016-09-30 | $454.90M | $239.63M | $8.80M | (m) | (m) | $223.23M | $95.44M | $36.50M | 1.90× |
| 2016-06-30 | $468.51M | $248.26M | $9.17M | (m) | (m) | $238.72M | $112.65M | $35.88M | 1.89× |
| 2016-03-31 | $439.56M | $252.18M | $6.55M | (m) | (m) | $230.47M | $119.61M | $35.87M | 1.74× |
| 2015-12-31 | $404.70M | $232.27M | $6.41M | (m) | (m) | $199.59M | $74.00M | $35.86M | 1.74× |
| 2015-09-30 | $501.97M | $250.90M | $3.48M | (m) | (m) | $214.40M | $87.02M | $35.85M | 2.00× |
| 2015-06-30 | $512.68M | $225.47M | $4.85M | (m) | (m) | $250.32M | $109.16M | $10.21M | 2.27× |
| 2015-03-31 | $444.41M | $215.46M | $3.62M | (m) | (m) | $260.55M | $111.89M | $9.58M | 2.06× |
| 2014-12-31 | $406.06M | $170.60M | $10.75M | (m) | (m) | $219.75M | $71.05M | $11.70M | 2.38× |
| 2014-09-30 | $498.63M | $209.03M | $6.58M | (m) | (m) | $232.26M | $115.72M | $11.15M | 2.39× |
| 2014-06-30 | $490.19M | $203.33M | $4.72M | (m) | (m) | $253.69M | $124.58M | $11.67M | 2.41× |
| 2014-03-31 | $426.56M | $185.55M | $3.93M | (m) | (m) | $259.89M | $110.97M | $11.15M | 2.30× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.