Motorola Solutions Inc (MSI)
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 | 6,479,000 | 5,808,000 | 5,517,000 | 5,521,000 | 5,669,000 | 5,032,000 | 4,626,000 | 4,826,000 | 5,255,000 | 4,707,000 | 4,411,000 | 4,280,000 | 5,412,000 | 4,735,000 | 4,660,000 | 3,942,000 | 4,327,000 | 3,971,000 | 4,086,000 | 4,481,000 |
| 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 |
| Current ratio | 1.28 | 1.25 | 1.19 | 1.19 | 0.99 | 0.95 | 1.23 | 1.22 | 1.15 | 1.25 | 1.16 | 1.10 | 1.33 | 1.38 | 1.46 | 1.27 | 1.24 | 1.20 | 1.17 | 1.16 |
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 shown some fluctuations over the past few years. It started at 1.16 as of March 31, 2020, and gradually increased to 1.46 by June 30, 2021. This indicates that the company's ability to cover its short-term obligations with its current assets improved during this period.
However, from September 30, 2021, to December 31, 2022, the current ratio declined to its lowest point of 0.95, suggesting potential liquidity challenges. This could be a concern as it may indicate difficulties in meeting short-term obligations with current assets.
Subsequently, there was a slight recovery in the current ratio by March 31, 2023, and it remained relatively stable around 1.20 for the next few quarters, indicating a better position to meet short-term obligations. However, by September 30, 2023, the current ratio dropped again to 0.99, which is below 1, potentially signaling liquidity issues.
Notably, there was a notable improvement in the current ratio by December 31, 2024, reaching 1.28. This increase indicates a stronger ability to cover short-term liabilities with current assets compared to the previous quarters. Overall, Motorola Solutions Inc's current ratio has exhibited some volatility, with periods of both strength and weakness in its liquidity position.
Peer comparison
Dec 31, 2024