T-Mobile US Inc (TMUS)
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 | 18,404,000 | 22,531,000 | 19,297,000 | 19,295,000 | 19,015,000 | 18,669,000 | 20,237,000 | 18,876,000 | 19,067,000 | 21,427,000 | 17,476,000 | 17,455,000 | 20,891,000 | 16,772,000 | 20,570,000 | 18,779,000 | 23,885,000 | 19,465,000 | 24,321,000 | 9,487,000 |
| Total current liabilities | US$ in thousands | 20,174,000 | 20,955,000 | 23,038,000 | 20,563,000 | 20,928,000 | 21,711,000 | 24,569,000 | 23,846,000 | 24,742,000 | 26,362,000 | 20,622,000 | 21,423,000 | 23,499,000 | 19,247,000 | 21,837,000 | 19,495,000 | 21,703,000 | 19,840,000 | 23,191,000 | 14,756,000 |
| Current ratio | 0.91 | 1.08 | 0.84 | 0.94 | 0.91 | 0.86 | 0.82 | 0.79 | 0.77 | 0.81 | 0.85 | 0.81 | 0.89 | 0.87 | 0.94 | 0.96 | 1.10 | 0.98 | 1.05 | 0.64 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $18,404,000K ÷ $20,174,000K
= 0.91
The current ratio of T-Mobile US Inc has fluctuated over the past few years, indicating the company's ability to meet its short-term financial obligations. The current ratio, which measures the company's short-term liquidity, increased from 0.64 as of March 31, 2020, to a peak of 1.10 as of December 31, 2020. This improvement suggests that T-Mobile had a better ability to cover its current liabilities with its current assets during that period.
However, the current ratio started to decrease from March 31, 2021, reaching a low of 0.77 by December 31, 2022. This downward trend may indicate potential challenges in meeting short-term obligations with available current assets during that period. Subsequently, there were fluctuations in the current ratio between 0.79 and 1.08 up to December 31, 2024.
Overall, the current ratio of T-Mobile US Inc has shown variability over the analyzed period, suggesting fluctuations in the company's liquidity position and ability to manage its short-term obligations effectively. Investors and analysts may want to closely monitor future changes in the current ratio to assess T-Mobile's short-term financial health.