As of June 13, 2025, Douglas Dynamics Inc (PLOW) reports a Current Ratio of 3.39.
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 Douglas Dynamics Inc's Current Ratio
Over recent years, Douglas Dynamics Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 3.39 |
| 2023-12-31 | 2.21 |
| 2022-12-31 | 2.52 |
| 2021-12-31 | 2.69 |
| 2020-12-31 | 3.28 |
This slight downward trend highlights how Douglas Dynamics Inc manages its short-term assets and liabilities over time.
Comparing Douglas Dynamics Inc's Current Ratio to Peers
To better understand Douglas Dynamics Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Douglas Dynamics Inc (PLOW) | 3.39 |
| Alamo Group Inc (ALG) | 4.51 |
| Allison Transmission Holdings Inc (ALSN) | 3.04 |
| Miller Industries Inc (MLR) | 2.68 |
| Astec Industries Inc (ASTE) | 2.66 |
| Federal Signal Corp (FSS) | 2.66 |
Compared to its competitors, Douglas Dynamics Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.