Motorola Solutions Inc (MSI)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 2,102,000 | 1,404,000 | 1,381,000 | 1,512,000 | 1,705,000 | 910,000 | 710,000 | 1,022,000 | 1,325,000 | 822,000 | 717,000 | 878,000 | 1,874,000 | 1,653,000 | 1,921,000 | 1,320,000 | 1,254,000 | 1,007,000 | 1,341,000 | 1,672,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | 3,000 | — | — | — | 2,000 | — | — | — | — | 158,000 | 1,069,000 | 157,000 | 154,000 |
| Total current liabilities | US$ in thousands | 5,055,000 | 4,665,000 | 4,644,000 | 4,626,000 | 5,736,000 | 5,288,000 | 3,766,000 | 3,966,000 | 4,560,000 | 3,768,000 | 3,801,000 | 3,886,000 | 4,063,000 | 3,429,000 | 3,184,000 | 3,095,000 | 3,489,000 | 3,312,000 | 3,480,000 | 3,879,000 |
| Cash ratio | 0.42 | 0.30 | 0.30 | 0.33 | 0.30 | 0.17 | 0.19 | 0.26 | 0.29 | 0.22 | 0.19 | 0.23 | 0.46 | 0.48 | 0.60 | 0.43 | 0.40 | 0.63 | 0.43 | 0.47 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($2,102,000K
+ $—K)
÷ $5,055,000K
= 0.42
The cash ratio of Motorola Solutions Inc has been fluctuating over the past few years, ranging from a low of 0.17 to a high of 0.63. This ratio represents the company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates a better liquidity position, as it implies the company has a larger proportion of its current liabilities covered by cash on hand.
Motorola Solutions Inc's cash ratio has generally remained above 0.20, which indicates that the company has been able to cover a significant portion of its short-term obligations with its available cash reserves. However, there have been some quarters where the cash ratio dipped below 0.30, which may suggest a tighter liquidity position during those periods.
Overall, it is essential for investors and stakeholders to monitor the trend of the cash ratio over time to assess the company's liquidity position and its ability to meet its short-term financial obligations.
Peer comparison
Dec 31, 2024