Meta Platforms (META) Current Ratio

Price: $576.93
Market Cap: $1.46T
Avg Volume: 13.21M
Country: US
Industry: Internet Content & Information
Sector: Communication Services
Beta: 1.216
52W Range: $279.4-602.95
Website: Meta Platforms

Meta Platforms Current Ratio

  • Annual: 2.67
  • Quarterly: 2.83
  • TTM: 2.83

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Meta Platforms's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 2.67
    • Quarterly: 2.83
    • TTM: 2.83
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 1.31
    • Quarterly: 1.19
    • TTM: 1.19

These metrics provide insights into Meta Platforms's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

2.67

Quarterly Current Ratio

2.83

TTM Current Ratio

2.83

Meta Platforms Historical Current Ratio
Historical Quick Ratio
Historical Cash Ratio

Meta Platforms Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Current Ratio Quick Ratio Cash Ratio
2023 2.67 2.67 1.31
2022 2.20 2.20 0.54
2021 3.15 3.15 0.79
2020 5.05 5.05 1.17
2019 4.40 4.40 1.27
2018 7.19 7.19 1.43
2017 12.92 12.92 2.15
2016 11.97 11.97 3.10
2015 11.25 11.25 2.55
2014 9.60 9.60 3.03