Intuitive Surgical Inc (ISRG)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 7,111,000 | 7,888,000 | 6,253,000 | 5,844,900 | 6,625,900 |
| Total current liabilities | US$ in thousands | 1,745,300 | 1,658,700 | 1,422,100 | 1,149,800 | 965,200 |
| Current ratio | 4.07 | 4.76 | 4.40 | 5.08 | 6.86 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,111,000K ÷ $1,745,300K
= 4.07
The current ratio of Intuitive Surgical Inc has exhibited a gradual decline over the past five years, starting at 6.86 in December 31, 2020, and decreasing to 4.07 by December 31, 2024. This indicates a reduction in the company's short-term liquidity and ability to meet its current obligations with its current assets. While the current ratio remains above 1, suggesting the company still has more current assets than current liabilities, the downward trend raises concerns about its liquidity management. It is advisable for Intuitive Surgical Inc to closely monitor its current assets and liabilities to ensure it maintains a healthy current ratio for financial stability in the future.
Peer comparison
Dec 31, 2024