Amentum Holdings Inc. (AMTM)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 522,000 | 452,000 | 196,000 | 179,000 | 192,000 | 305,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,971,000 | 1,965,000 | 629,000 | 640,000 | 643,000 | 1,376,000 |
| Cash ratio | 0.26 | 0.23 | 0.31 | 0.28 | 0.30 | 0.22 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($522,000K
+ $—K)
÷ $1,971,000K
= 0.26
The cash ratio of Amentum Holdings Inc. has shown some fluctuations over the periods analyzed. The ratio was at 0.22 as of September 30, 2023, indicating that for every dollar of current liabilities, the company had $0.22 in cash or cash equivalents available.
As of December 31, 2023, the cash ratio improved to 0.30, suggesting a stronger position in terms of liquidity. This positive trend continued into March 31, 2024, with a cash ratio of 0.28.
By June 30, 2024, the cash ratio increased further to 0.31, indicating the company's enhanced ability to cover its short-term obligations with cash on hand.
However, there was a slight decline in the cash ratio to 0.23 as of September 30, 2024, which may warrant closer monitoring to ensure that the company maintains sufficient liquidity to meet its current financial obligations.
Subsequently, as of December 31, 2024, the cash ratio improved to 0.26, suggesting a better position in terms of cash reserves relative to current liabilities, albeit slightly lower compared to the previous period.
Overall, while the company's cash ratio has exhibited some variability, it generally reflects Amentum Holdings Inc.'s ability to manage its short-term obligations with its available cash resources, albeit with some fluctuations in liquidity levels.
Peer comparison
Dec 31, 2024