Air Products and Chemicals Inc (APD)

Cash ratio

Sep 30, 2025 Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021
Cash and cash equivalents US$ in thousands 1,856,000 2,979,700 1,617,000 2,711,000 4,468,900
Short-term investments US$ in thousands 5,000 332,200 590,700 1,331,900
Total current liabilities US$ in thousands 4,218,600 4,179,600 3,895,800 3,465,800 2,799,100
Cash ratio 0.44 0.71 0.50 0.95 2.07

September 30, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,856,000K + $—K) ÷ $4,218,600K
= 0.44


Peer comparison

Sep 30, 2025

Company name
Symbol
Cash ratio
Air Products and Chemicals Inc
APD
0.44
Ashland Global Holdings Inc
ASH
WD-40 Company
WDFC
0.57

See also:

Air Products and Chemicals Inc Cash Ratio