Current Ratio
since 2011
Calculation
LyondellBasell Industries N.V., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2018 | 1.92 | = | 10,566) | ÷ | 5,513) |
| Dec 31, 2017 | 2.46 | = | 11,738) | ÷ | 4,777) |
| Dec 31, 2016 | 2.11 | = | 9,599) | ÷ | 4,540) |
| Dec 31, 2015 | 2.25 | = | 9,789) | ÷ | 4,349) |
| Dec 31, 2014 | 2.14 | = | 11,645) | ÷ | 5,437) |
| Dec 31, 2013 | 2.65 | = | 14,599) | ÷ | 5,510) |
| Dec 31, 2012 | 2.41 | = | 12,286) | ÷ | 5,096) |
| Dec 31, 2011 | 2.28 | = | 11,435) | ÷ | 5,018) |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
1 US$ in millions
An analysis of the short-term liquidity position between 2011 and 2018 reveals a consistently strong capacity to meet current obligations, although a gradual contraction in the liquidity margin is evident toward the end of the period.
- Current Assets Trend
- Current assets exhibited notable fluctuation, reaching a peak of 14,599 million US dollars in 2013. Following this peak, a general decline occurred, with assets dropping to 9,599 million US dollars by 2016 before partially recovering to 10,566 million US dollars by the end of 2018.
- Current Liabilities Trend
- Current liabilities remained relatively stable throughout the observed timeframe. Obligations fluctuated within a narrow range, starting at 5,018 million US dollars in 2011, reaching a low of 4,349 million US dollars in 2015, and ending at 5,513 million US dollars in 2018.
- Current Ratio Analysis
- The current ratio remained well above the 1.0 threshold for the entire duration, indicating a sustained ability to cover short-term debts. The ratio peaked at 2.65 in 2013, correlating with the highest reported level of current assets. A downward trend is observed in the final year of the period, as the ratio decreased to 1.92 by December 31, 2018, resulting from a simultaneous decrease in current assets and an increase in current liabilities.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
How can I help you?
Comparison to Competitors
LyondellBasell Industries N.V., current ratio, long-term trends, comparison to competitors
| LyondellBasell Industries N.V. | Linde plc | Sherwin-Williams Co. | |
|---|---|---|---|
| Dec 31, 2018 | 1.92 | 1.33 | 1.01 |
| Dec 31, 2017 | 2.46 | 0.99 | 1.12 |
| Dec 31, 2016 | 2.11 | 1.16 | 1.28 |
| Dec 31, 2015 | 2.25 | 1.39 | 1.24 |
| Dec 31, 2014 | 2.14 | 1.14 | 0.96 |
| Dec 31, 2013 | 2.65 | 1.09 | 1.25 |
| Dec 31, 2012 | 2.41 | 1.13 | 1.68 |
| Dec 31, 2011 | 2.28 | 1.03 | 1.05 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Sector (Chemicals)
LyondellBasell Industries N.V., current ratio, long-term trends, comparison to sector (chemicals)
| LyondellBasell Industries N.V. | Chemicals | |
|---|---|---|
| Dec 31, 2018 | 1.92 | 1.25 |
| Dec 31, 2017 | 2.46 | 1.06 |
| Dec 31, 2016 | 2.11 | 1.23 |
| Dec 31, 2015 | 2.25 | 1.31 |
| Dec 31, 2014 | 2.14 | 1.05 |
| Dec 31, 2013 | 2.65 | 1.17 |
| Dec 31, 2012 | 2.41 | 1.36 |
| Dec 31, 2011 | 2.28 | 1.04 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Industry (Materials)
LyondellBasell Industries N.V., current ratio, long-term trends, comparison to industry (materials)
| LyondellBasell Industries N.V. | Materials | |
|---|---|---|
| Dec 31, 2018 | 1.92 | 1.57 |
| Dec 31, 2017 | 2.46 | 1.50 |
| Dec 31, 2016 | 2.11 | 1.77 |
| Dec 31, 2015 | 2.25 | 1.53 |
| Dec 31, 2014 | 2.14 | 1.40 |
| Dec 31, 2013 | 2.65 | 1.61 |
| Dec 31, 2012 | 2.41 | 2.11 |
| Dec 31, 2011 | 2.28 | 1.95 |
Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).