Current Ratio
since 2005
Calculation
Motorola Solutions Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.00 | = | 5,725) | ÷ | 5,736) |
| Dec 31, 2022 | 1.15 | = | 5,255) | ÷ | 4,560) |
| Dec 31, 2021 | 1.33 | = | 5,412) | ÷ | 4,063) |
| Dec 31, 2020 | 1.24 | = | 4,327) | ÷ | 3,489) |
| Dec 31, 2019 | 1.21 | = | 4,178) | ÷ | 3,439) |
| Dec 31, 2018 | 1.38 | = | 4,272) | ÷ | 3,096) |
| Dec 31, 2017 | 1.35 | = | 3,950) | ÷ | 2,931) |
| Dec 31, 2016 | 1.30 | = | 3,468) | ÷ | 2,668) |
| Dec 31, 2015 | 2.09 | = | 4,582) | ÷ | 2,193) |
| Dec 31, 2014 | 3.06 | = | 6,879) | ÷ | 2,250) |
| Dec 31, 2013 | 2.18 | = | 7,020) | ÷ | 3,220) |
| Dec 31, 2012 | 2.22 | = | 7,401) | ÷ | 3,335) |
| Dec 31, 2011 | 2.30 | = | 8,768) | ÷ | 3,815) |
| Dec 31, 2010 | 1.97 | = | 17,154) | ÷ | 8,710) |
| Dec 31, 2009 | 1.94 | = | 16,032) | ÷ | 8,261) |
| Dec 31, 2008 | 1.63 | = | 17,363) | ÷ | 10,620) |
| Dec 31, 2007 | 1.78 | = | 22,222) | ÷ | 12,500) |
| Dec 31, 2006 | 2.01 | = | 30,975) | ÷ | 15,425) |
| Dec 31, 2005 | 2.23 | = | 27,869) | ÷ | 12,488) |
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), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Motorola Solutions Inc., current ratio, long-term trends, comparison to competitors
| Motorola Solutions Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.00 | 0.99 | 4.39 | 1.38 | 2.31 |
| Dec 31, 2022 | 1.15 | 0.88 | 4.29 | 1.43 | 1.91 |
| Dec 31, 2021 | 1.33 | 1.07 | 4.34 | 1.49 | 1.93 |
| Dec 31, 2020 | 1.24 | 1.36 | 4.99 | 1.72 | 2.25 |
| Dec 31, 2019 | 1.21 | 1.54 | 5.81 | 1.51 | 2.35 |
| Dec 31, 2018 | 1.38 | 1.12 | 4.48 | 2.29 | 1.89 |
| Dec 31, 2017 | 1.35 | 1.28 | 4.28 | 3.03 | 1.88 |
| Dec 31, 2016 | 1.30 | 1.35 | 3.32 | 3.16 | 2.58 |
| Dec 31, 2015 | 2.09 | 1.11 | 4.15 | 3.23 | 2.01 |
| Dec 31, 2014 | 3.06 | 1.08 | 4.71 | 3.39 | 2.10 |
| Dec 31, 2013 | 2.18 | 1.68 | — | 2.95 | 2.16 |
| Dec 31, 2012 | 2.22 | 1.50 | — | 3.49 | 2.19 |
| Dec 31, 2011 | 2.30 | 1.61 | — | 3.27 | 2.63 |
| Dec 31, 2010 | 1.97 | 2.01 | — | 2.67 | 2.15 |
| Dec 31, 2009 | 1.94 | 1.88 | — | 3.24 | 2.47 |
| Dec 31, 2008 | 1.63 | 2.46 | — | 2.58 | 2.05 |
| Dec 31, 2007 | 1.78 | 2.36 | — | 2.36 | 2.21 |
| Dec 31, 2006 | 2.01 | 2.24 | — | 2.27 | — |
| Dec 31, 2005 | 2.23 | 2.96 | — | 1.37 | — |
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), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Technology Hardware & Equipment)
Motorola Solutions Inc., current ratio, long-term trends, comparison to sector (technology hardware & equipment)
| Motorola Solutions Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Dec 31, 2023 | 1.00 | 1.10 |
| Dec 31, 2022 | 1.15 | 0.99 |
| Dec 31, 2021 | 1.33 | 1.17 |
| Dec 31, 2020 | 1.24 | 1.46 |
| Dec 31, 2019 | 1.21 | 1.55 |
| Dec 31, 2018 | 1.38 | 1.36 |
| Dec 31, 2017 | 1.35 | 1.67 |
| Dec 31, 2016 | 1.30 | 1.80 |
| Dec 31, 2015 | 2.09 | 1.60 |
| Dec 31, 2014 | 3.06 | 1.64 |
| Dec 31, 2013 | 2.18 | 2.11 |
| Dec 31, 2012 | 2.22 | 2.13 |
| Dec 31, 2011 | 2.30 | 2.25 |
| Dec 31, 2010 | 1.97 | 2.33 |
| Dec 31, 2009 | 1.94 | 2.44 |
| Dec 31, 2008 | 1.63 | 2.52 |
| Dec 31, 2007 | 1.78 | 2.36 |
| Dec 31, 2006 | 2.01 | 2.26 |
| Dec 31, 2005 | 2.23 | 1.80 |
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), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Motorola Solutions Inc., current ratio, long-term trends, comparison to industry (information technology)
| Motorola Solutions Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2023 | 1.00 | 1.46 |
| Dec 31, 2022 | 1.15 | 1.43 |
| Dec 31, 2021 | 1.33 | 1.64 |
| Dec 31, 2020 | 1.24 | 1.85 |
| Dec 31, 2019 | 1.21 | 1.77 |
| Dec 31, 2018 | 1.38 | 1.88 |
| Dec 31, 2017 | 1.35 | 2.04 |
| Dec 31, 2016 | 1.30 | 2.01 |
| Dec 31, 2015 | 2.09 | 2.03 |
| Dec 31, 2014 | 3.06 | 1.98 |
| Dec 31, 2013 | 2.18 | 2.20 |
| Dec 31, 2012 | 2.22 | 2.07 |
| Dec 31, 2011 | 2.30 | 2.11 |
| Dec 31, 2010 | 1.97 | 2.01 |
| Dec 31, 2009 | 1.94 | 2.04 |
| Dec 31, 2008 | 1.63 | 1.81 |
| Dec 31, 2007 | 1.78 | 1.79 |
| Dec 31, 2006 | 2.01 | 1.85 |
| Dec 31, 2005 | 2.23 | 2.01 |
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), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).