Motorola Solutions Inc (MSI)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 2,102,000 | 1,705,000 | 1,325,000 | 1,874,000 | 1,254,000 |
| Short-term investments | US$ in thousands | — | — | — | — | 158,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 5,055,000 | 5,736,000 | 4,560,000 | 4,063,000 | 3,489,000 |
| Quick ratio | 0.42 | 0.30 | 0.29 | 0.46 | 0.40 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($2,102,000K
+ $—K
+ $—K)
÷ $5,055,000K
= 0.42
The quick ratio of Motorola Solutions Inc has shown some fluctuations over the past five years. As of December 31, 2020, the quick ratio stood at 0.40, indicating that the company may have had difficulty meeting its short-term obligations with its most liquid assets.
However, there was a slight improvement in the quick ratio to 0.46 as of December 31, 2021, suggesting that the company's ability to cover its current liabilities with its quick assets may have strengthened.
Subsequently, there was a notable decrease in the quick ratio to 0.29 by December 31, 2022, which may raise concerns about the company's liquidity position. This was followed by a slight uptick to 0.30 by December 31, 2023.
Finally, as of December 31, 2024, the quick ratio improved to 0.42, indicating a better ability to meet short-term obligations with quick assets compared to the previous year. Overall, the trend in the quick ratio of Motorola Solutions Inc reflects varying levels of liquidity and ability to cover short-term liabilities over the past five years.
Peer comparison
Dec 31, 2024