Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Ford Motor Co., liquidity ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Current ratio | 1.16 | 1.20 | 1.20 | 1.20 | 1.20 | |
| Quick ratio | 0.98 | 1.01 | 1.02 | 1.03 | 1.05 | |
| Cash ratio | 0.36 | 0.40 | 0.45 | 0.55 | 0.51 |
Based on: 10-K (reporting date: 2024-12-31), 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).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Ford Motor Co. current ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Ford Motor Co. quick ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Ford Motor Co. cash ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Current Ratio
Ford Motor Co., current ratio calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current assets | 124,474) | 121,481) | 116,476) | 108,996) | 116,744) | |
| Current liabilities | 106,859) | 101,531) | 96,866) | 90,727) | 97,192) | |
| Liquidity Ratio | ||||||
| Current ratio1 | 1.16 | 1.20 | 1.20 | 1.20 | 1.20 | |
| Benchmarks | ||||||
| Current Ratio, Competitors2 | ||||||
| General Motors Co. | 1.13 | 1.08 | 1.10 | 1.10 | 1.01 | |
| Tesla Inc. | 2.02 | 1.73 | 1.53 | 1.38 | 1.88 | |
| Current Ratio, Sector | ||||||
| Automobiles & Components | 1.26 | 1.21 | 1.20 | 1.18 | 1.17 | |
| Current Ratio, Industry | ||||||
| Consumer Discretionary | 1.22 | 1.20 | 1.15 | 1.25 | 1.18 | |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 124,474 ÷ 106,859 = 1.16
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Ford Motor Co. current ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Quick Ratio
Ford Motor Co., quick ratio calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and cash equivalents | 22,935) | 24,862) | 25,134) | 20,540) | 25,243) | |
| Marketable securities | 15,413) | 15,309) | 18,936) | 29,053) | 24,718) | |
| Ford Credit finance receivables, net of allowance for credit losses | 51,850) | 46,425) | 38,720) | 32,543) | 42,401) | |
| Trade and other receivables, less allowances | 14,723) | 15,601) | 15,729) | 11,370) | 9,993) | |
| Total quick assets | 104,921) | 102,197) | 98,519) | 93,506) | 102,355) | |
| Current liabilities | 106,859) | 101,531) | 96,866) | 90,727) | 97,192) | |
| Liquidity Ratio | ||||||
| Quick ratio1 | 0.98 | 1.01 | 1.02 | 1.03 | 1.05 | |
| Benchmarks | ||||||
| Quick Ratio, Competitors2 | ||||||
| General Motors Co. | 0.90 | 0.83 | 0.86 | 0.84 | 0.79 | |
| Tesla Inc. | 1.42 | 1.13 | 0.94 | 1.00 | 1.49 | |
| Quick Ratio, Sector | ||||||
| Automobiles & Components | 1.00 | 0.95 | 0.94 | 0.95 | 0.98 | |
| Quick Ratio, Industry | ||||||
| Consumer Discretionary | 0.90 | 0.85 | 0.81 | 0.92 | 0.88 | |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 104,921 ÷ 106,859 = 0.98
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Ford Motor Co. quick ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Cash Ratio
Ford Motor Co., cash ratio calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and cash equivalents | 22,935) | 24,862) | 25,134) | 20,540) | 25,243) | |
| Marketable securities | 15,413) | 15,309) | 18,936) | 29,053) | 24,718) | |
| Total cash assets | 38,348) | 40,171) | 44,070) | 49,593) | 49,961) | |
| Current liabilities | 106,859) | 101,531) | 96,866) | 90,727) | 97,192) | |
| Liquidity Ratio | ||||||
| Cash ratio1 | 0.36 | 0.40 | 0.45 | 0.55 | 0.51 | |
| Benchmarks | ||||||
| Cash Ratio, Competitors2 | ||||||
| General Motors Co. | 0.28 | 0.28 | 0.34 | 0.39 | 0.36 | |
| Tesla Inc. | 1.27 | 1.01 | 0.83 | 0.90 | 1.36 | |
| Cash Ratio, Sector | ||||||
| Automobiles & Components | 0.44 | 0.43 | 0.45 | 0.52 | 0.51 | |
| Cash Ratio, Industry | ||||||
| Consumer Discretionary | 0.51 | 0.48 | 0.47 | 0.63 | 0.58 | |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 38,348 ÷ 106,859 = 0.36
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Ford Motor Co. cash ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |