Merck & Company Inc (MRK)

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	38,782,000	40,361,000	38,205,000	31,445,000	32,168,000	31,954,000	29,977,000	33,402,000	35,722,000	33,561,000	32,116,000	31,184,000	30,266,000	31,058,000	28,665,000	26,909,000	27,764,000	26,577,000	29,343,000	26,174,000
Total current liabilities	US$ in thousands	28,420,000	29,586,000	26,060,000	25,099,000	25,694,000	23,094,000	23,394,000	23,131,000	24,239,000	22,998,000	23,168,000	22,316,000	23,872,000	23,728,000	21,906,000	26,361,000	27,327,000	20,405,000	22,178,000	23,483,000
Current ratio		1.36	1.36	1.47	1.25	1.25	1.38	1.28	1.44	1.47	1.46	1.39	1.40	1.27	1.31	1.31	1.02	1.02	1.30	1.32	1.11

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $38,782,000K ÷ $28,420,000K
= 1.36

The current ratio of Merck & Company Inc has been fluctuating over the past few years. From March 31, 2020, to March 31, 2024, the current ratio ranged from a low of 1.02 to a high of 1.47. This indicates that the company's current assets were sufficient to cover its current liabilities during this period.

Overall, the current ratio trend shows some variability, with peaks and troughs occurring at different points in time. However, the ratio generally remained above 1, which suggests that Merck & Company Inc had more than enough current assets to meet its short-term liabilities. It is essential to monitor this ratio closely to ensure the company maintains its liquidity and financial stability in the future.