Arcosa Inc (ACA)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 187,300 | 104,800 | 160,400 | 72,900 | 95,800 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 516,000 | 431,200 | 367,700 | 364,000 | 310,300 |
| Cash ratio | 0.36 | 0.24 | 0.44 | 0.20 | 0.31 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($187,300K
+ $—K)
÷ $516,000K
= 0.36
The cash ratio for Arcosa Inc has shown fluctuations over the past five years. As of December 31, 2020, the cash ratio was 0.31, indicating that the company had $0.31 in cash and cash equivalents for every $1 of current liabilities. This ratio decreased to 0.20 by December 31, 2021, suggesting a lower level of liquidity compared to the previous year.
However, there was a significant improvement in the cash ratio by December 31, 2022, where it reached 0.44, indicating a healthier liquidity position for the company. Subsequently, by December 31, 2023, the cash ratio declined to 0.24, which may signal a potential strain on short-term liquidity.
By December 31, 2024, the cash ratio for Arcosa Inc improved to 0.36, reflecting a better ability to cover its short-term obligations with available cash on hand. Overall, the company's cash ratio has experienced fluctuations over the years, suggesting varying levels of liquidity and the need for careful management of cash and working capital.
Peer comparison
Dec 31, 2024