Mexican Economic Development Current Ratio Growth & History (FMX)
Mexican Economic Development's current ratio was 1.69 for fiscal 2024.
View full Mexican Economic Development company overviewMexican Economic Development annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 1.69 | −0.27 | −13.62% |
| 2023 | 2023-12-31 | 1.95 | 0.67 | +52.54% |
| 2022 | 2022-12-31 | 1.28 | −0.41 | −24.13% |
| 2021 | 2021-12-31 | 1.69 | −0.01 | −0.72% |
| 2020 | 2020-12-31 | 1.70 | 0.44 | +34.47% |
| 2019 | 2019-12-31 | 1.26 | −0.49 | −27.80% |
| 2018 | 2018-12-31 | 1.75 | 0.03 | +1.47% |
| 2017 | 2017-12-31 | 1.73 | — | — |
Mexican Economic Development quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2024 | 2024-12-31 | 1.69 | −0.27 | −13.62% |
| Q4 2023 | 2023-12-31 | 1.95 | 0.67 | +52.54% |
| Q4 2022 | 2022-12-31 | 1.28 | −0.41 | −24.13% |
| Q4 2021 | 2021-12-31 | 1.69 | −0.01 | −0.72% |
| Q4 2020 | 2020-12-31 | 1.70 | 0.44 | +34.47% |
| Q4 2019 | 2019-12-31 | 1.26 | −0.49 | −27.80% |
| Q2 2019 | 2019-06-30 | 1.40 | — | — |
| Q4 2018 | 2018-12-31 | 1.75 | 0.03 | +1.47% |
| Q4 2017 | 2017-12-31 | 1.73 | — | — |
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.
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.
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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