Mattel Inc (MAT)

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	3,126,920	3,180,380	2,604,370	2,735,500	3,122,350	3,042,100	2,423,700	2,366,300	2,729,000	3,083,200	2,714,400	2,635,700	2,874,500	2,629,200	2,173,800	2,092,900	2,482,900	2,599,900	2,026,100	1,807,100
Total current liabilities	US$ in thousands	1,315,720	1,298,620	1,011,160	1,099,110	1,342,480	1,304,600	1,031,100	969,000	1,187,700	1,576,100	1,488,200	1,544,700	1,598,300	1,600,800	1,122,400	1,082,600	1,355,400	1,658,400	1,381,600	1,126,000
Current ratio		2.38	2.45	2.58	2.49	2.33	2.33	2.35	2.44	2.30	1.96	1.82	1.71	1.80	1.64	1.94	1.93	1.83	1.57	1.47	1.60

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $3,126,920K ÷ $1,315,720K
= 2.38

The current ratio of Mattel Inc has shown fluctuations over the past few years, ranging from 1.47 to 2.58. Generally, a current ratio above 1 indicates that the company has more current assets than current liabilities, which implies a strong ability to cover its short-term obligations.

Looking at the trend, the current ratio has increased steadily over the last few quarters, reaching a peak of 2.58 as of June 30, 2024. This improvement suggests that Mattel Inc has been managing its current assets and current liabilities more efficiently.

However, it is essential to monitor whether this upward trend continues in the future, as a consistently high current ratio may also indicate an inefficient use of resources, such as having too many idle assets. Overall, the current ratio of Mattel Inc reflects a healthy liquidity position and ability to meet its short-term obligations.