Bruker Corporation (BRKR)

Current ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Total current assets	US$ in thousands	2,164,200	2,113,200	2,471,800	1,925,000	1,796,300
Total current liabilities	US$ in thousands	1,202,100	914,300	938,500	791,900	645,600
Current ratio		1.80	2.31	2.63	2.43	2.78

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,164,200K ÷ $1,202,100K
= 1.80

The current ratio of Bruker Corp has been declining over the past five years, indicating a weakening liquidity position. The current ratio measures the company's ability to meet its short-term obligations using its current assets, with a higher ratio suggesting a stronger liquidity position.

In 2023, the current ratio stands at 1.80, down from 2.31 in 2022, 2.63 in 2021, 2.43 in 2020, and 2.78 in 2019. This downward trend warrants attention as it may signal potential difficulties in covering short-term liabilities with current assets. A current ratio below 1 indicates that the company may have difficulty meeting its short-term obligations.

Bruker Corp should closely monitor its liquidity position and take steps to improve it if necessary, such as increasing current assets or decreasing current liabilities. A declining current ratio could present challenges in maintaining financial stability and meeting its day-to-day operational requirements.