As of May 27, 2025, Callaway Golf Co (ELY) reports a Current Ratio of 1.35.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Callaway Golf Co's Current Ratio
Over recent years, Callaway Golf Co's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-12-31 | 1.35 |
| 2020-12-31 | 2.33 |
| 2019-12-31 | 1.51 |
| 2018-12-31 | 1.73 |
| 2017-12-31 | 1.48 |
This slight upward trend highlights how Callaway Golf Co manages its short-term assets and liabilities over time.
Comparing Callaway Golf Co's Current Ratio to Peers
To better understand Callaway Golf Co's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Callaway Golf Co (ELY) | 1.35 |
| Marine Products Corp (MPX) | 5.81 |
| DAC Technologies Group International Inc (DAAT) | 5.53 |
| Bollinger Industries Inc (BOLL) | 5.28 |
| Leatt Corp (LEAT) | 5.20 |
| Clarus Corp (CLAR) | 4.93 |
Compared to its competitors, Callaway Golf Co's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.