Arcosa Inc (ACA)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 187,300 | 756,800 | 103,700 | 176,500 | 104,800 | 155,300 | 197,900 | 149,200 | 160,400 | 112,200 | 77,000 | 88,600 | 72,900 | 66,100 | 100,300 | 81,900 | 95,800 | 189,000 | 148,400 | 200,700 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 516,000 | 432,300 | 429,400 | 434,900 | 431,200 | 405,100 | 420,800 | 380,400 | 367,700 | 423,400 | 416,400 | 403,700 | 364,000 | 389,400 | 353,000 | 312,200 | 310,300 | 312,200 | 285,900 | 279,000 |
| Cash ratio | 0.36 | 1.75 | 0.24 | 0.41 | 0.24 | 0.38 | 0.47 | 0.39 | 0.44 | 0.26 | 0.18 | 0.22 | 0.20 | 0.17 | 0.28 | 0.26 | 0.31 | 0.61 | 0.52 | 0.72 |
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 shows variability over the reporting periods. Initially, the cash ratio was relatively high, indicating a comfortable level of cash to cover short-term liabilities. However, the ratio declined significantly by the end of 2021, suggesting a potential liquidity strain. There was a slight improvement in the cash ratio in the first half of 2022, indicating a better liquidity position.
Subsequently, the cash ratio fluctuated but remained relatively low until the third quarter of 2024, when there was a sudden spike in the ratio to 1.75. This significant increase could be a result of an increase in cash reserves or a decrease in short-term liabilities during that period.
Overall, while the cash ratio has shown fluctuations, it is important for investors and analysts to closely monitor Arcosa Inc's liquidity position to ensure the company can meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024