Masco Corporation (MAS)
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 | 2,730,000 | 2,965,000 | 2,898,000 | 2,850,000 | 2,856,000 | 2,964,000 | 3,007,000 | 3,148,000 | 2,946,000 | 3,264,000 | 3,359,000 | 3,428,000 | 3,422,000 | 3,404,000 | 3,259,000 | 3,206,000 | 3,489,000 | 3,487,000 | 3,225,000 | 2,745,000 |
| Total current liabilities | US$ in thousands | 1,560,000 | 1,618,000 | 1,645,000 | 1,641,000 | 1,695,000 | 1,662,000 | 1,749,000 | 2,018,000 | 1,889,000 | 2,224,000 | 2,467,000 | 2,136,000 | 1,939,000 | 1,879,000 | 1,778,000 | 1,748,000 | 1,934,000 | 1,737,000 | 2,154,000 | 1,504,000 |
| Current ratio | 1.75 | 1.83 | 1.76 | 1.74 | 1.68 | 1.78 | 1.72 | 1.56 | 1.56 | 1.47 | 1.36 | 1.60 | 1.76 | 1.81 | 1.83 | 1.83 | 1.80 | 2.01 | 1.50 | 1.83 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,730,000K ÷ $1,560,000K
= 1.75
Masco Corporation's current ratio has shown fluctuations over the past few years, ranging from a low of 1.36 on June 30, 2022, to a high of 2.01 on September 30, 2020. Generally, a current ratio above 1 indicates that Masco Corporation has more current assets than current liabilities, suggesting it can easily cover its short-term obligations. However, a declining trend in the current ratio from 2.01 in September 2020 to 1.75 in December 31, 2024, may signal a potential risk in the company's short-term liquidity. It is important for stakeholders to closely monitor Masco Corporation's current ratio to ensure it maintains a healthy balance between current assets and liabilities for sustainable financial stability.
Peer comparison
Dec 31, 2024