Teledyne Technologies Incorporated (TDY)

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	2,944,600	2,990,200	2,744,700	3,223,600	2,981,400	2,820,500	2,640,700	2,882,400	2,817,900	2,519,400	2,337,400	2,337,400	2,429,400	2,534,900	2,650,900	4,280,600	1,722,600	1,535,100	1,483,800	1,363,800
Total current liabilities	US$ in thousands	1,261,600	1,496,400	1,387,000	1,776,800	1,766,100	1,682,100	1,633,500	1,488,000	1,523,400	1,418,500	1,403,000	1,408,300	1,483,700	1,421,800	1,053,300	652,400	760,900	671,200	752,200	759,600
Current ratio		2.33	2.00	1.98	1.81	1.69	1.68	1.62	1.94	1.85	1.78	1.67	1.66	1.64	1.78	2.52	6.56	2.26	2.29	1.97	1.80

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 period covered. Starting at 1.80 on March 31, 2020, the ratio increased steadily, reaching a peak of 6.56 on March 31, 2021, indicating a strong ability to cover short-term obligations with current assets. However, from June 30, 2021, the ratio began to decrease and continued to fluctuate around the 1.60 to 2.30 range until December 31, 2024, where it stood at 2.33. Overall, the company's current ratio has shown some volatility but generally remained within an acceptable range, indicating a reasonable ability to meet its short-term financial obligations with its current assets.