Motorola Solutions Inc (MSI)
Quick 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 | 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 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
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 exhibited fluctuations over the periods provided. The ratio, which measures the company's ability to meet its short-term obligations with its most liquid assets, was relatively low at around 0.40 to 0.60 in the earlier years of the data set.
However, there was a notable decline in the quick ratio towards the end of the data set, with the ratio dropping to as low as 0.17 to 0.33. This indicates a potential liquidity challenge as the company may be facing difficulty in meeting its short-term obligations using its quick assets.
It is important to further analyze the reasons behind this decline in the quick ratio and assess the company's overall liquidity position to determine if this trend poses a significant risk to Motorola Solutions Inc's financial health.
Peer comparison
Dec 31, 2024