The Mosaic Company (MOS)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 272,800 | 348,800 | 735,400 | 769,500 | 574,000 |
| Short-term investments | US$ in thousands | — | — | — | — | 673,000 |
| Receivables | US$ in thousands | 1,113,300 | 1,269,200 | 1,699,900 | 1,531,900 | 881,100 |
| Total current liabilities | US$ in thousands | 4,171,300 | 3,873,700 | 5,533,800 | 4,787,400 | 3,146,500 |
| Quick ratio | 0.33 | 0.42 | 0.44 | 0.48 | 0.68 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($272,800K
+ $—K
+ $1,113,300K)
÷ $4,171,300K
= 0.33
The quick ratio of The Mosaic Company has been decreasing over the years, from 0.68 in December 2020 to 0.33 in December 2024. This indicates a declining ability to meet its short-term obligations with its most liquid assets. The quick ratio below 1 suggests that the company may face difficulties in paying off its current liabilities without having to rely on selling inventory. It is crucial for the company to monitor and improve this ratio to ensure its financial health and liquidity in the short term.
Peer comparison
Dec 31, 2024