Viatris Inc (VTRS)

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 9,520,700 11,307,700 11,792,100 12,923,500 12,228,800 10,932,000 9,778,000 9,630,300 10,635,400 10,487,800 11,176,500 11,744,300 10,902,900 11,308,400 11,749,800 12,318,500 12,867,500 7,334,700 6,464,600 6,600,500
Total current liabilities US$ in thousands 5,779,400 7,512,400 7,709,200 7,759,900 7,777,400 6,834,000 6,523,800 6,108,100 6,746,200 6,521,400 7,681,200 9,642,900 9,884,400 10,103,900 10,132,600 9,978,100 10,562,900 7,275,400 6,971,300 5,228,200
Current ratio 1.65 1.51 1.53 1.67 1.57 1.60 1.50 1.58 1.58 1.61 1.46 1.22 1.10 1.12 1.16 1.23 1.22 1.01 0.93 1.26

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $9,520,700K ÷ $5,779,400K
= 1.65

The current ratio of Viatris Inc has shown fluctuating levels over the reported periods. It started at 1.26 on March 31, 2020, decreased to 0.93 by June 30, 2020, and then gradually improved to 1.67 by March 31, 2024. This indicates that the company's ability to cover its short-term obligations with its current assets varied over time, with some periods indicating a weaker liquidity position and others showing a stronger liquidity position. Overall, the current ratio has generally remained above 1, suggesting that Viatris Inc has generally had sufficient current assets to meet its short-term liabilities during the analyzed periods.