MSA Safety (MSA)

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	803,030	842,669	861,445	792,945	786,270	851,819	850,380	831,297	880,126	862,100	844,479	826,154	792,804	725,379	769,982	764,578	756,429	744,089	721,550	703,780
Total current liabilities	US$ in thousands	288,093	314,478	351,751	316,526	332,818	325,401	299,950	292,531	345,865	349,138	336,258	333,937	330,606	336,821	317,841	306,727	310,545	284,658	293,358	264,218
Current ratio		2.79	2.68	2.45	2.51	2.36	2.62	2.84	2.84	2.54	2.47	2.51	2.47	2.40	2.15	2.42	2.49	2.44	2.61	2.46	2.66

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $803,030K ÷ $288,093K
= 2.79

The current ratio of MSA Safety has exhibited some fluctuations over the periods provided. The current ratio, which measures the company's ability to cover its short-term liabilities with its current assets, ranged from a low of 2.15 on September 30, 2021, to a high of 2.84 on both March 31, 2023, and June 30, 2023. Overall, the current ratio has generally been at healthy levels above 2, indicating that MSA Safety has an adequate amount of current assets to cover its short-term obligations. However, it is important to note that the ratio experienced a slight decline in more recent periods, such as December 31, 2023, and September 30, 2024, suggesting a potential need to monitor the company's liquidity position closely.