MKS Instruments Inc (MKSI)

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	2,474,000	2,668,000	2,648,000	2,661,000	2,696,000	2,775,000	2,728,000	2,748,000	2,794,000	2,791,000	2,349,000	2,258,000	2,147,000	1,994,900	2,121,700	1,922,500	1,804,400	1,669,700	1,569,800	1,456,600
Total current liabilities	US$ in thousands	775,000	781,000	740,000	721,000	848,000	838,000	835,000	876,000	952,000	1,011,000	457,000	436,000	460,000	437,100	420,300	371,900	373,900	364,300	351,600	321,600
Current ratio		3.19	3.42	3.58	3.69	3.18	3.31	3.27	3.14	2.93	2.76	5.14	5.18	4.67	4.56	5.05	5.17	4.83	4.58	4.46	4.53

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 shown a generally positive trend over the past few years, indicating strong liquidity and ability to meet short-term obligations. The ratio has ranged from a low of 2.76 to a high of 5.18 during the period under review.

The company's current ratio was above 4 for most of the period, reflecting a healthy liquidity position. However, there was a notable decrease in the current ratio in the third quarter of 2022 and a subsequent fluctuation in the ratio over the following quarters, suggesting a potential strain on the company's short-term liquidity.

Overall, MKS Instruments Inc's current ratio has demonstrated stability and consistency, albeit with some fluctuations in recent periods. It is important for the company to closely monitor and manage its current assets and liabilities to ensure a healthy liquidity position in the future.