Mettler-Toledo International Inc (MTD)

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	1,193,910	1,198,230	1,178,310	1,211,110	1,230,200	1,196,910	1,246,510	1,286,770	1,375,090	1,315,900	1,324,700	1,309,890	1,269,360	1,246,220	1,172,610	1,080,210	1,056,900	1,046,320	989,808	1,200,860
Total current liabilities	US$ in thousands	1,168,190	1,184,970	1,281,180	1,131,930	1,181,080	1,070,420	1,008,000	1,004,250	1,147,730	1,164,940	1,118,580	1,087,410	1,146,540	1,001,560	938,369	841,809	840,327	764,081	702,829	679,838
Current ratio		1.02	1.01	0.92	1.07	1.04	1.12	1.24	1.28	1.20	1.13	1.18	1.20	1.11	1.24	1.25	1.28	1.26	1.37	1.41	1.77

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,193,910K ÷ $1,168,190K
= 1.02

The current ratio of Mettler-Toledo International Inc has shown some fluctuation over the past few years, ranging from a high of 1.77 in March 2020 to a low of 0.92 in June 2024. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a good sign of financial health and liquidity. Despite the fluctuations, the current ratio has mostly remained above 1, indicating that the company has been able to meet its short-term obligations with its current assets. However, the declining trend in the current ratio towards the end of the period may suggest potential challenges in managing short-term liquidity. It would be advisable to further investigate the reasons behind these fluctuations to assess the company's ability to effectively manage its short-term obligations in the future.