Bruker Corporation (BRKR)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 2,053,200 2,164,200 2,113,200 2,471,800 1,925,000
Total current liabilities US$ in thousands 1,281,300 1,202,100 914,300 938,500 791,900
Current ratio 1.60 1.80 2.31 2.63 2.43

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,053,200K ÷ $1,281,300K
= 1.60

The current ratio of Bruker Corporation has exhibited fluctuations over the past five years. Starting at 2.43 on December 31, 2020, the ratio increased to 2.63 by December 31, 2021, indicating an improvement in the company's short-term liquidity position. However, in the subsequent years, the current ratio declined, reaching 2.31 on December 31, 2022, 1.80 on December 31, 2023, and further dropping to 1.60 by December 31, 2024.

A current ratio above 1 generally suggests that a company is capable of meeting its short-term obligations using its current assets. While Bruker Corporation maintained a healthy current ratio above 1 throughout the period, the decreasing trend observed from 2022 to 2024 may raise concerns about its ability to cover short-term liabilities with its current assets in the future. It is important for the company to closely monitor its liquidity position and ensure it has sufficient current assets to meet its current liabilities in a timely manner.