Viatris Inc (VTRS)

Current ratio

		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	12,976,100	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	11,413,000	11,411,800	0
Total current liabilities	US$ in thousands	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	79,000	27,800	0
Current ratio		1.67	1.60	1.50	1.58	1.58	1.61	1.46	1.22	1.10	1.12	1.16	1.23	1.22	144.47	410.50	—

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $12,976,100K ÷ $7,777,400K
= 1.67

The current ratio of Viatris Inc has fluctuated over the past eight quarters, ranging from a low of 1.22 in Q1 2022 to a high of 1.67 in Q4 2023. The current ratio measures the company's ability to cover its short-term liabilities with its current assets.

The trend in the current ratio indicates that Viatris Inc's liquidity position improved in the most recent quarters compared to the earlier periods. A higher current ratio typically indicates a stronger financial position and better ability to meet short-term obligations.

Overall, Viatris Inc has maintained a current ratio above 1.5 for the past few quarters, which suggests that the company has generally had sufficient current assets to cover its current liabilities. However, it would be important to further analyze the components of current assets and liabilities to gain a deeper understanding of the company's liquidity position.