Current Ratio
since 2012
Calculation
Meta Platforms Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 2.67 | = | 85,365) | ÷ | 31,960) |
| Dec 31, 2022 | 2.20 | = | 59,549) | ÷ | 27,026) |
| Dec 31, 2021 | 3.15 | = | 66,666) | ÷ | 21,135) |
| Dec 31, 2020 | 5.05 | = | 75,670) | ÷ | 14,981) |
| Dec 31, 2019 | 4.40 | = | 66,225) | ÷ | 15,053) |
| Dec 31, 2018 | 7.19 | = | 50,480) | ÷ | 7,017) |
| Dec 31, 2017 | 12.92 | = | 48,563) | ÷ | 3,760) |
| Dec 31, 2016 | 11.97 | = | 34,401) | ÷ | 2,875) |
| Dec 31, 2015 | 11.25 | = | 21,652) | ÷ | 1,925) |
| Dec 31, 2014 | 9.60 | = | 13,670) | ÷ | 1,424) |
| Dec 31, 2013 | 11.88 | = | 13,070) | ÷ | 1,100) |
| Dec 31, 2012 | 10.71 | = | 11,267) | ÷ | 1,052) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
1 US$ in millions
Comparison to Competitors
Meta Platforms Inc., current ratio, long-term trends, comparison to competitors
| Meta Platforms Inc. | Alphabet Inc. | Comcast Corp. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 2.67 | 2.10 | 0.60 | 1.12 | 1.05 |
| Dec 31, 2022 | 2.20 | 2.38 | 0.78 | 1.17 | 1.00 |
| Dec 31, 2021 | 3.15 | 2.93 | 0.85 | 0.95 | 1.08 |
| Dec 31, 2020 | 5.05 | 3.07 | 0.93 | 1.25 | 1.32 |
| Dec 31, 2019 | 4.40 | 3.37 | 0.84 | 0.90 | 0.90 |
| Dec 31, 2018 | 7.19 | 3.92 | 0.79 | 1.49 | 0.94 |
| Dec 31, 2017 | 12.92 | 5.14 | 0.74 | 1.40 | 0.81 |
| Dec 31, 2016 | 11.97 | 6.29 | 0.76 | 1.25 | 1.01 |
| Dec 31, 2015 | 11.25 | 4.67 | 0.68 | 1.54 | 1.03 |
| Dec 31, 2014 | 9.60 | 4.80 | 0.78 | 1.48 | 1.14 |
| Dec 31, 2013 | 11.88 | 4.58 | 0.74 | 1.42 | 1.21 |
| Dec 31, 2012 | 10.71 | 4.22 | 1.20 | 1.34 | 1.07 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Sector (Media & Entertainment)
Meta Platforms Inc., current ratio, long-term trends, comparison to sector (media & entertainment)
| Meta Platforms Inc. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2023 | 2.67 | 1.67 |
| Dec 31, 2022 | 2.20 | 1.76 |
| Dec 31, 2021 | 3.15 | 2.08 |
| Dec 31, 2020 | 5.05 | 2.38 |
| Dec 31, 2019 | 4.40 | 2.16 |
| Dec 31, 2018 | 7.19 | 2.51 |
| Dec 31, 2017 | 12.92 | 2.85 |
| Dec 31, 2016 | 11.97 | 2.86 |
| Dec 31, 2015 | 11.25 | 2.47 |
| Dec 31, 2014 | 9.60 | 2.46 |
| Dec 31, 2013 | 11.88 | 2.35 |
| Dec 31, 2012 | 10.71 | 2.31 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Industry (Communication Services)
Meta Platforms Inc., current ratio, long-term trends, comparison to industry (communication services)
| Meta Platforms Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 2.67 | 1.30 |
| Dec 31, 2022 | 2.20 | 1.28 |
| Dec 31, 2021 | 3.15 | 1.41 |
| Dec 31, 2020 | 5.05 | 1.74 |
| Dec 31, 2019 | 4.40 | 1.49 |
| Dec 31, 2018 | 7.19 | 1.59 |
| Dec 31, 2017 | 12.92 | 1.65 |
| Dec 31, 2016 | 11.97 | 1.69 |
| Dec 31, 2015 | 11.25 | 1.45 |
| Dec 31, 2014 | 9.60 | 1.61 |
| Dec 31, 2013 | 11.88 | 1.90 |
| Dec 31, 2012 | 10.71 | 1.44 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).