Ford Motor Company (F)
Current ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 121,481,000 | 121,361,000 | 121,712,000 | 115,123,000 | 116,476,000 | 108,088,000 | 100,469,000 | 106,142,000 | 108,996,000 | 106,968,000 | 101,275,000 | 113,932,000 | 116,744,000 | 111,765,000 | 124,111,000 | 124,276,000 | 114,047,000 | 115,754,000 | 118,351,000 | 121,195,000 |
| Total current liabilities | US$ in thousands | 101,531,000 | 100,268,000 | 101,015,000 | 95,905,000 | 96,866,000 | 90,167,000 | 86,452,000 | 90,352,000 | 90,727,000 | 89,033,000 | 83,474,000 | 94,249,000 | 97,192,000 | 93,159,000 | 92,780,000 | 94,494,000 | 98,132,000 | 99,087,000 | 98,334,000 | 99,237,000 |
| Current ratio | 1.20 | 1.21 | 1.20 | 1.20 | 1.20 | 1.20 | 1.16 | 1.17 | 1.20 | 1.20 | 1.21 | 1.21 | 1.20 | 1.20 | 1.34 | 1.32 | 1.16 | 1.17 | 1.20 | 1.22 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $121,481,000K ÷ $101,531,000K
= 1.20
The current ratio of Ford Motor Co. fluctuated over the past eight quarters, ranging from 0.95 to 1.00. In Q4 2023, the current ratio was 0.95, indicating that the company's current assets were slightly lower than its current liabilities. This might signal potential liquidity challenges in meeting short-term obligations. However, in the preceding quarters, the current ratio ranged from 0.97 to 1.00, reflecting a relatively stable position concerning the company's ability to cover its short-term debts. It is essential to monitor the current ratio trends over time to assess Ford's liquidity position effectively.
Peer comparison
Dec 31, 2023