Mativ Holdings Inc. (MATV)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 658,100 | 712,500 | 974,700 | 594,600 | 396,400 |
| Total current liabilities | US$ in thousands | 274,500 | 281,400 | 466,100 | 231,100 | 166,900 |
| Current ratio | 2.40 | 2.53 | 2.09 | 2.57 | 2.38 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $658,100K ÷ $274,500K
= 2.40
The current ratio of Mativ Holdings Inc. has shown fluctuation over the past five years based on the provided data. The ratio, which measures the company's ability to cover its short-term liabilities with its current assets, was 2.38 as of December 31, 2020, indicating that the company had $2.38 in current assets for every dollar of current liabilities.
Subsequently, the current ratio improved to 2.57 by the end of 2021, suggesting that the company's liquidity position strengthened. However, by December 31, 2022, the current ratio declined to 2.09, which may indicate a potential challenge in meeting short-term obligations with available current assets.
The trend reversed in 2023, with the current ratio increasing to 2.53, reflecting a better liquidity position for Mativ Holdings Inc. Finally, as of December 31, 2024, the current ratio stood at 2.40, showing a slight decrease from the previous year but still indicating that the company maintains a healthy level of current assets to cover its short-term liabilities.
Overall, despite some fluctuations, Mativ Holdings Inc. has generally maintained a current ratio above 2 over the five-year period, suggesting that the company has a strong ability to meet its short-term financial obligations.
Peer comparison
Dec 31, 2024