Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Motorola Solutions Inc., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Motorola Solutions Inc. current ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Motorola Solutions Inc. quick ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Motorola Solutions Inc. cash ratio improved from Q4 2023 to Q1 2024 but then slightly deteriorated from Q1 2024 to Q2 2024 not reaching Q4 2023 level. |
Current Ratio
Motorola Solutions Inc., current ratio calculation (quarterly data)
| Jun 29, 2024 | Mar 30, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Oct 1, 2022 | Jul 2, 2022 | Apr 2, 2022 | Dec 31, 2021 | Oct 2, 2021 | Jul 3, 2021 | Apr 3, 2021 | Dec 31, 2020 | Sep 26, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 31, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Current assets | 5,571) | 5,521) | 5,725) | 5,032) | 4,626) | 4,826) | 5,255) | 4,707) | 4,411) | 4,280) | 5,412) | 4,735) | 4,660) | 3,942) | 4,327) | 3,971) | 4,086) | 4,481) | 4,178) | 4,154) | 3,831) | 3,714) | |||||||
| Current liabilities | 4,644) | 4,626) | 5,736) | 5,288) | 3,766) | 3,966) | 4,560) | 3,768) | 3,801) | 3,886) | 4,063) | 3,429) | 3,184) | 3,095) | 3,489) | 3,312) | 3,480) | 3,879) | 3,439) | 3,656) | 2,876) | 2,979) | |||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||
| Current ratio1 | 1.20 | 1.19 | 1.00 | 0.95 | 1.23 | 1.22 | 1.15 | 1.25 | 1.16 | 1.10 | 1.33 | 1.38 | 1.46 | 1.27 | 1.24 | 1.20 | 1.17 | 1.16 | 1.21 | 1.14 | 1.33 | 1.25 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | |||||||||||||||||||||||||||||
| Apple Inc. | 1.04 | 1.07 | 0.99 | 0.98 | 0.94 | 0.94 | 0.88 | 0.86 | 0.93 | 1.04 | 1.07 | 1.06 | 1.14 | 1.16 | 1.36 | 1.47 | 1.50 | 1.60 | 1.54 | 1.50 | 1.32 | 1.30 | |||||||
| Arista Networks Inc. | 4.55 | 5.01 | 4.39 | 4.15 | 4.14 | 3.96 | 4.29 | 4.01 | 3.70 | 3.73 | 4.34 | 5.06 | 5.03 | 5.09 | 4.99 | 5.50 | 5.59 | 5.82 | 5.81 | 5.91 | 5.77 | 5.34 | |||||||
| Cisco Systems Inc. | 1.37 | 1.47 | 1.38 | 1.39 | 1.41 | 1.45 | 1.43 | 1.49 | 1.42 | 1.62 | 1.49 | 1.53 | 1.61 | 1.59 | 1.72 | 1.59 | 1.81 | 1.70 | 1.51 | 1.69 | 1.80 | 2.11 | |||||||
| Super Micro Computer Inc. | 2.43 | 2.23 | 2.31 | 2.49 | 2.89 | 2.13 | 1.91 | 1.79 | 1.91 | 1.85 | 1.93 | 2.10 | 2.29 | 2.51 | 2.25 | 2.10 | 2.26 | 2.41 | 2.35 | 2.40 | 2.10 | 2.02 | |||||||
Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).
1 Q2 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 5,571 ÷ 4,644 = 1.20
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. | Motorola Solutions Inc. current ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Quick Ratio
Motorola Solutions Inc., quick ratio calculation (quarterly data)
| Jun 29, 2024 | Mar 30, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Oct 1, 2022 | Jul 2, 2022 | Apr 2, 2022 | Dec 31, 2021 | Oct 2, 2021 | Jul 3, 2021 | Apr 3, 2021 | Dec 31, 2020 | Sep 26, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 31, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Cash and cash equivalents | 1,381) | 1,512) | 1,705) | 910) | 710) | 1,022) | 1,325) | 822) | 717) | 878) | 1,874) | 1,653) | 1,921) | 1,320) | 1,254) | 1,007) | 1,341) | 1,672) | 1,001) | 1,140) | 964) | 897) | |||||||
| Accounts receivable, net | 1,762) | 1,592) | 1,710) | 1,667) | 1,513) | 1,340) | 1,518) | 1,368) | 1,284) | 1,151) | 1,386) | 1,196) | 1,169) | 1,090) | 1,390) | 1,155) | 1,134) | 1,122) | 1,412) | 1,295) | 1,206) | 1,150) | |||||||
| Contract assets | 1,210) | 1,127) | 1,102) | 1,092) | 1,033) | 1,024) | 974) | 1,033) | 1,045) | 999) | 1,105) | 1,030) | 757) | 767) | 933) | 1,069) | 937) | 958) | 1,046) | 921) | 913) | 878) | |||||||
| Total quick assets | 4,353) | 4,231) | 4,517) | 3,669) | 3,256) | 3,386) | 3,817) | 3,223) | 3,046) | 3,028) | 4,365) | 3,879) | 3,847) | 3,177) | 3,577) | 3,231) | 3,412) | 3,752) | 3,459) | 3,356) | 3,083) | 2,925) | |||||||
| Current liabilities | 4,644) | 4,626) | 5,736) | 5,288) | 3,766) | 3,966) | 4,560) | 3,768) | 3,801) | 3,886) | 4,063) | 3,429) | 3,184) | 3,095) | 3,489) | 3,312) | 3,480) | 3,879) | 3,439) | 3,656) | 2,876) | 2,979) | |||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||
| Quick ratio1 | 0.94 | 0.91 | 0.79 | 0.69 | 0.86 | 0.85 | 0.84 | 0.86 | 0.80 | 0.78 | 1.07 | 1.13 | 1.21 | 1.03 | 1.03 | 0.98 | 0.98 | 0.97 | 1.01 | 0.92 | 1.07 | 0.98 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | |||||||||||||||||||||||||||||
| Apple Inc. | 0.87 | 0.92 | 0.84 | 0.81 | 0.76 | 0.77 | 0.71 | 0.70 | 0.76 | 0.88 | 0.91 | 0.89 | 0.97 | 1.02 | 1.22 | 1.31 | 1.30 | 1.44 | 1.38 | 1.35 | 1.13 | 1.14 | |||||||
| Arista Networks Inc. | 3.47 | 3.67 | 3.16 | 2.86 | 2.73 | 2.65 | 3.05 | 2.89 | 2.73 | 2.97 | 3.54 | 4.23 | 4.24 | 4.33 | 4.25 | 4.73 | 4.94 | 5.22 | 5.22 | 5.28 | 4.95 | 4.46 | |||||||
| Cisco Systems Inc. | 1.10 | 1.18 | 1.13 | 1.11 | 1.13 | 1.16 | 1.16 | 1.23 | 1.20 | 1.41 | 1.32 | 1.35 | 1.46 | 1.45 | 1.58 | 1.46 | 1.64 | 1.54 | 1.39 | 1.56 | 1.67 | 1.97 | |||||||
| Super Micro Computer Inc. | 1.12 | 0.87 | 1.16 | 0.95 | 1.17 | 0.72 | 0.75 | 0.62 | 0.62 | 0.66 | 0.72 | 0.75 | 0.95 | 1.06 | 0.87 | 0.81 | 1.00 | 1.01 | 1.06 | 0.88 | 0.76 | 0.75 | |||||||
Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).
1 Q2 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 4,353 ÷ 4,644 = 0.94
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. | Motorola Solutions Inc. quick ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Cash Ratio
Motorola Solutions Inc., cash ratio calculation (quarterly data)
| Jun 29, 2024 | Mar 30, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Oct 1, 2022 | Jul 2, 2022 | Apr 2, 2022 | Dec 31, 2021 | Oct 2, 2021 | Jul 3, 2021 | Apr 3, 2021 | Dec 31, 2020 | Sep 26, 2020 | Jun 27, 2020 | Mar 28, 2020 | Dec 31, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Cash and cash equivalents | 1,381) | 1,512) | 1,705) | 910) | 710) | 1,022) | 1,325) | 822) | 717) | 878) | 1,874) | 1,653) | 1,921) | 1,320) | 1,254) | 1,007) | 1,341) | 1,672) | 1,001) | 1,140) | 964) | 897) | |||||||
| Total cash assets | 1,381) | 1,512) | 1,705) | 910) | 710) | 1,022) | 1,325) | 822) | 717) | 878) | 1,874) | 1,653) | 1,921) | 1,320) | 1,254) | 1,007) | 1,341) | 1,672) | 1,001) | 1,140) | 964) | 897) | |||||||
| Current liabilities | 4,644) | 4,626) | 5,736) | 5,288) | 3,766) | 3,966) | 4,560) | 3,768) | 3,801) | 3,886) | 4,063) | 3,429) | 3,184) | 3,095) | 3,489) | 3,312) | 3,480) | 3,879) | 3,439) | 3,656) | 2,876) | 2,979) | |||||||
| Liquidity Ratio | |||||||||||||||||||||||||||||
| Cash ratio1 | 0.30 | 0.33 | 0.30 | 0.17 | 0.19 | 0.26 | 0.29 | 0.22 | 0.19 | 0.23 | 0.46 | 0.48 | 0.60 | 0.43 | 0.36 | 0.30 | 0.39 | 0.43 | 0.29 | 0.31 | 0.34 | 0.30 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | |||||||||||||||||||||||||||||
| Apple Inc. | 0.54 | 0.55 | 0.42 | 0.50 | 0.47 | 0.37 | 0.31 | 0.37 | 0.40 | 0.43 | 0.50 | 0.57 | 0.66 | 0.58 | 0.86 | 0.98 | 0.98 | 1.05 | 0.95 | 1.05 | 0.85 | 0.80 | |||||||
| Arista Networks Inc. | 2.90 | 3.06 | 2.62 | 2.41 | 2.26 | 2.10 | 2.34 | 2.37 | 2.27 | 2.50 | 3.07 | 3.79 | 3.82 | 3.85 | 3.74 | 4.28 | 4.35 | 4.60 | 4.56 | 4.46 | 4.30 | 3.96 | |||||||
| Cisco Systems Inc. | 0.83 | 0.87 | 0.84 | 0.81 | 0.81 | 0.79 | 0.75 | 0.83 | 0.81 | 1.00 | 0.93 | 0.97 | 1.12 | 1.11 | 1.16 | 1.10 | 1.23 | 1.14 | 1.05 | 1.24 | 1.37 | 1.61 | |||||||
| Super Micro Computer Inc. | 0.36 | 0.34 | 0.32 | 0.33 | 0.33 | 0.18 | 0.18 | 0.17 | 0.21 | 0.25 | 0.24 | 0.23 | 0.47 | 0.51 | 0.30 | 0.38 | 0.46 | 0.41 | 0.41 | 0.30 | 0.16 | 0.14 | |||||||
Based on: 10-Q (reporting date: 2024-06-29), 10-Q (reporting date: 2024-03-30), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-07-01), 10-Q (reporting date: 2023-04-01), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-01), 10-Q (reporting date: 2022-07-02), 10-Q (reporting date: 2022-04-02), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-02), 10-Q (reporting date: 2021-07-03), 10-Q (reporting date: 2021-04-03), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-26), 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30).
1 Q2 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,381 ÷ 4,644 = 0.30
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. | Motorola Solutions Inc. cash ratio improved from Q4 2023 to Q1 2024 but then slightly deteriorated from Q1 2024 to Q2 2024 not reaching Q4 2023 level. |