Autoliv Inc (ALV)
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 | 330,000 | 415,000 | 408,000 | 569,000 | 498,000 | 475,000 | 475,000 | 713,000 | 594,000 | 483,000 | 327,000 | 938,000 | 969,000 | 903,000 | 893,000 | 1,254,000 | 1,178,200 | 1,476,500 | 1,223,200 | 907,200 |
| Short-term investments | US$ in thousands | 535,000 | — | — | — | — | — | — | — | -1,000 | — | — | — | -470,000 | — | — | — | -457,500 | — | — | — |
| Total current liabilities | US$ in thousands | 3,633,000 | 4,034,000 | 3,785,000 | 3,658,000 | 4,035,000 | 3,851,000 | 3,756,000 | 3,529,000 | 3,642,000 | 3,458,000 | 3,061,000 | 3,073,000 | 2,821,000 | 2,811,000 | 2,852,000 | 3,188,000 | 3,146,900 | 3,221,300 | 2,152,000 | 2,226,200 |
| Cash ratio | 0.24 | 0.10 | 0.11 | 0.16 | 0.12 | 0.12 | 0.13 | 0.20 | 0.16 | 0.14 | 0.11 | 0.31 | 0.18 | 0.32 | 0.31 | 0.39 | 0.23 | 0.46 | 0.57 | 0.41 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($330,000K
+ $535,000K)
÷ $3,633,000K
= 0.24
The cash ratio of Autoliv Inc has shown fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The ratio, which measures a company's ability to cover its short-term liabilities with its cash and cash equivalents, started at 0.41 on March 31, 2020, indicating that the company had 41 cents in cash for every dollar of current liabilities.
The ratio then increased to 0.57 by June 30, 2020, indicating an improvement in the company's liquidity position. However, it decreased to 0.46 by September 30, 2020. The ratio continued to fluctuate over the following quarters, with values ranging from 0.11 to 0.39.
By December 31, 2024, the cash ratio stood at 0.24, showing a slight improvement compared to the initial and lowest values seen during the period. Overall, the trend in the cash ratio suggests that Autoliv Inc has been actively managing its cash and cash equivalents in relation to its short-term liabilities over the analyzed period. It is important for stakeholders to closely monitor this ratio to assess the company's liquidity position and financial health.
Peer comparison
Dec 31, 2024