Mexican Economic Development Current Ratio Growth & History (FMX)

Mexican Economic Development's current ratio was 1.69 for fiscal 2024.

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Mexican Economic Development annual current ratio history

Mexican Economic Development annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20242024-12-311.69−0.27−13.62%
20232023-12-311.950.67+52.54%
20222022-12-311.28−0.41−24.13%
20212021-12-311.69−0.01−0.72%
20202020-12-311.700.44+34.47%
20192019-12-311.26−0.49−27.80%
20182018-12-311.750.03+1.47%
20172017-12-311.73

Mexican Economic Development current ratio trends

Over the last five fiscal years, Mexican Economic Development's current ratio increased from 1.26 to 1.69, a change of 0.42. The latest reported quarter, Q4 2024, shows 1.69.

About the metric

What the current ratio means

The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.

Calculation and source

How the current ratio is calculated

TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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