Arcadium Lithium plc (ALTM)
Cash ratio
| Dec 31, 2023 | ||
|---|---|---|
| Cash and cash equivalents | US$ in thousands | 237,600 |
| Short-term investments | US$ in thousands | — |
| Total current liabilities | US$ in thousands | 268,600 |
| Cash ratio | 0.88 |
December 31, 2023 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($237,600K
+ $—K)
÷ $268,600K
= 0.88
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash ratio
Arcadium Lithium plc
ALTM
0.88
Air Products and Chemicals Inc
APD
0.50
Linde plc Ordinary Shares
LIN
0.31
Minerals Technologies Inc
MTX
0.70