Autoliv Inc (ALV)
Quick 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 | 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 | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($330,000K
+ $535,000K
+ $—K)
÷ $3,633,000K
= 0.24
The quick ratio of Autoliv Inc, which measures the company's ability to cover its short-term liabilities with its most liquid assets, has fluctuated over the past few years. The quick ratio ranged from a low of 0.11 as of June 30, 2022, to a high of 0.57 as of June 30, 2020.
The ratio generally remained below 1, indicating that Autoliv Inc may have faced challenges in meeting its short-term obligations solely with its quick assets. However, it is worth noting that the quick ratio improved from the low point in mid-2022 to around 0.24 as of December 31, 2024.
Overall, the trend in Autoliv Inc's quick ratio suggests varying levels of liquidity and ability to cover short-term debts with its readily available assets. Investors and stakeholders may want to continue monitoring the company's liquidity position to assess its financial health and ability to meet its obligations.
Peer comparison
Dec 31, 2024