Teledyne Technologies Incorporated (TDY)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	2,944,600	2,981,400	2,817,900	2,429,400	1,722,600
Total current liabilities	US$ in thousands	1,261,600	1,766,100	1,523,400	1,483,700	760,900
Current ratio		2.33	1.69	1.85	1.64	2.26

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $2,944,600K ÷ $1,261,600K
= 2.33

The current ratio of Teledyne Technologies Incorporated has exhibited fluctuations over the past five years, with values ranging from 1.64 to 2.33. In December 31, 2020, the current ratio stood at 2.26, reflecting a healthy proportion of current assets to current liabilities. However, by December 31, 2021, the current ratio decreased to 1.64, indicating a potential liquidity strain as current assets may not be as sufficient to cover current liabilities.

In the subsequent years, the current ratio of Teledyne Technologies fluctuated between 1.69 and 1.85, suggesting potential volatility in the company's liquidity position. The current ratio of 2.33 on December 31, 2024, indicated an improvement in liquidity, with current assets more than doubling current liabilities, which could signify a stronger financial position.

Overall, the current ratio trend of Teledyne Technologies Incorporated reflects variability in managing current assets and liabilities. Further analysis of the company's working capital management and liquidity strategies may provide insights into its operational efficiency and financial health.