Arcadium Lithium plc (ALTM)
Cash ratio
Mar 31, 2024 | ||
---|---|---|
Cash and cash equivalents | US$ in thousands | 472,700 |
Short-term investments | US$ in thousands | — |
Total current liabilities | US$ in thousands | 534,500 |
Cash ratio | 0.88 |
March 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($472,700K
+ $—K)
÷ $534,500K
= 0.88
Peer comparison
Mar 31, 2024
Company name
Symbol
Cash ratio
Arcadium Lithium plc
ALTM
0.88
Air Products and Chemicals Inc
APD
0.72
Linde plc Ordinary Shares
LIN
0.31
Minerals Technologies Inc
MTX
0.70