Mattel Inc (MAT)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,387,910 | 723,532 | 722,410 | 1,130,220 | 1,261,360 | 455,700 | 299,900 | 461,700 | 761,200 | 349,000 | 274,500 | 536,600 | 731,400 | 148,500 | 384,700 | 615,200 | 762,200 | 452,200 | 461,600 | 499,400 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | -38 | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick ratio | 1.05 | 0.56 | 0.71 | 1.03 | 0.94 | 0.35 | 0.29 | 0.48 | 0.64 | 0.22 | 0.18 | 0.35 | 0.46 | 0.09 | 0.34 | 0.57 | 0.56 | 0.27 | 0.33 | 0.44 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,387,910K
+ $—K
+ $—K)
÷ $1,315,720K
= 1.05
The quick ratio of Mattel Inc, which measures the company's ability to meet its short-term obligations with its liquid assets, has been fluctuating over the past few years.
Initially, the quick ratio was relatively low in March 2020 at 0.44, indicating that the company may have had difficulty in meeting its short-term obligations. This trend continued until September 2021 when the quick ratio dropped significantly to 0.09, suggesting a potential liquidity issue.
From December 2021 onwards, the quick ratio showed signs of improvement, reaching its highest point in December 2023 at 0.94 and further improving in March 2024 at 1.03. These ratios indicate that Mattel Inc has significantly strengthened its ability to cover its short-term liabilities with its most liquid assets.
Overall, the trend in the quick ratio of Mattel Inc shows variability but demonstrates an upward trajectory in recent periods, reflecting an improvement in the company's liquidity position and its ability to meet its short-term obligations effectively.