The Mosaic Company (MOS)
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 | 4,498,300 | 4,971,200 | 4,759,100 | 4,655,200 | 4,745,000 | 5,156,800 | 5,711,700 | 5,853,400 | 6,556,600 | 6,899,700 | 7,298,700 | 6,225,400 | 5,325,300 | 4,599,100 | 4,987,600 | 3,727,300 | 3,521,200 | 3,748,800 | 4,055,600 | 4,221,100 |
| Total current liabilities | US$ in thousands | 4,171,300 | 4,175,700 | 4,118,900 | 4,020,400 | 3,873,700 | 4,696,300 | 4,839,400 | 5,167,600 | 5,533,800 | 5,130,300 | 5,632,000 | 5,051,700 | 4,787,400 | 3,494,500 | 4,137,900 | 3,355,000 | 3,146,500 | 2,865,700 | 3,112,900 | 3,269,000 |
| Current ratio | 1.08 | 1.19 | 1.16 | 1.16 | 1.22 | 1.10 | 1.18 | 1.13 | 1.18 | 1.34 | 1.30 | 1.23 | 1.11 | 1.32 | 1.21 | 1.11 | 1.12 | 1.31 | 1.30 | 1.29 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,498,300K ÷ $4,171,300K
= 1.08
The current ratio of The Mosaic Company has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A current ratio of 1 or higher generally indicates that a company has enough current assets to cover its current liabilities.
Looking at the trend, we observe that the current ratio started at 1.29 in March 2020 and increased slightly to 1.30 in June 2020 and further to 1.31 in September 2020. However, there was a noticeable decline by December 2020, with a current ratio of 1.12, suggesting a potential strain on the company's short-term liquidity.
The trend continued to fluctuate over the subsequent periods, reaching a low of 1.10 in September 2023 and a peak of 1.34 in September 2022. The most recent data point as of December 31, 2024, shows a current ratio of 1.08, indicating a potential challenge in meeting short-term obligations with current assets.
Overall, the current ratio of The Mosaic Company has shown variability over the analyzed period, with some fluctuations indicating changes in the company's liquidity position. It is essential for investors and analysts to closely monitor these fluctuations to assess the company's ability to manage its short-term obligations effectively.
Peer comparison
Dec 31, 2024