MKS Instruments Inc (MKSI)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 2,474,000 | 2,696,000 | 2,794,000 | 2,147,000 | 1,804,400 |
| Total current liabilities | US$ in thousands | 775,000 | 848,000 | 952,000 | 460,000 | 373,900 |
| Current ratio | 3.19 | 3.18 | 2.93 | 4.67 | 4.83 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $2,474,000K ÷ $775,000K
= 3.19
The current ratio of MKS Instruments Inc has depicted a decreasing trend from 4.83 as of December 31, 2020, to 4.67 as of December 31, 2021, indicating a slight decline in the company's short-term liquidity position. However, in the following years, the current ratio fluctuated, with a notable decrease to 2.93 as of December 31, 2022, which may raise concerns about the company's ability to cover its short-term liabilities.
Subsequently, there was an improvement in the current ratio to 3.18 as of December 31, 2023, followed by a slight increase to 3.19 as of December 31, 2024. Overall, while the current ratio fluctuated over the years, it generally remained at levels suggesting MKS Instruments Inc has a comfortable liquidity position to meet its short-term obligations, with the latest ratio showing signs of stabilization.
Peer comparison
Dec 31, 2024