Intuitive Surgical Inc (ISRG)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Total current assets	US$ in thousands	7,111,000	7,215,600	7,654,300	7,632,700	7,888,000	8,902,900	8,031,800	6,877,000	6,253,000	6,293,100	6,292,500	5,803,200	5,844,900	5,728,000	6,016,600	6,066,400	6,625,900	6,300,300	5,899,000	4,691,500
Total current liabilities	US$ in thousands	1,745,300	1,676,800	1,487,500	1,375,100	1,658,700	1,676,400	1,538,400	1,307,400	1,422,100	1,233,400	1,175,000	1,112,200	1,149,800	1,027,300	1,004,600	904,600	965,200	894,700	924,800	945,900
Current ratio		4.07	4.30	5.15	5.55	4.76	5.31	5.22	5.26	4.40	5.10	5.36	5.22	5.08	5.58	5.99	6.71	6.86	7.04	6.38	4.96

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $7,111,000K ÷ $1,745,300K
= 4.07

Intuitive Surgical Inc's current ratio has fluctuated over the provided periods, ranging from a high of 7.04 in September 30, 2020, to a low of 4.07 in December 31, 2024. The current ratio measures the company's ability to meet its short-term obligations with its current assets.

The trend in Intuitive Surgical's current ratio shows some variability but generally indicates that the company has a strong ability to cover its short-term liabilities with its current assets. While there has been some decrease in the current ratio in recent periods, it remains above 1, indicating that the company has more than enough current assets to cover its short-term obligations.

It's important to analyze the individual components of current assets and liabilities to understand the underlying reasons for the fluctuations in the current ratio. Overall, a current ratio around 5 to 6 suggests that Intuitive Surgical Inc is maintaining a healthy liquidity position, which is crucial for ensuring operational stability and meeting financial obligations in the short term.