Motorola Solutions Inc (MSI)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 6,479,000 | 5,725,000 | 5,255,000 | 5,412,000 | 4,327,000 |
| Total current liabilities | US$ in thousands | 5,055,000 | 5,736,000 | 4,560,000 | 4,063,000 | 3,489,000 |
| Current ratio | 1.28 | 1.00 | 1.15 | 1.33 | 1.24 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $6,479,000K ÷ $5,055,000K
= 1.28
The current ratio of Motorola Solutions Inc has exhibited fluctuating trends over the past five years. In December 2020, the current ratio stood at 1.24, indicating the company had $1.24 in current assets for every $1 in current liabilities. Over the subsequent years, the ratio experienced variations, reaching its peak at 1.33 in December 2021 before dropping to 1.15 in December 2022 and further declining to 1.00 in December 2023. This downward trend may suggest potential liquidity challenges or difficulty in meeting short-term obligations. However, by December 2024, the current ratio showed improvement, rising to 1.28. Overall, while the company's current ratio has shown fluctuations, it remains above 1 in most years, indicating that Motorola Solutions Inc has had sufficient current assets to cover its current liabilities.
Peer comparison
Dec 31, 2024