Air Products and Chemicals Inc (APD)
Quick ratio
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | 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 |
| Receivables | US$ in thousands | 1,901,200 | 2,168,200 | 2,162,700 | 2,035,400 | 1,655,100 |
| Total current liabilities | US$ in thousands | 4,218,600 | 4,179,600 | 3,895,800 | 3,465,800 | 2,799,100 |
| Quick ratio | 0.89 | 1.23 | 1.06 | 1.54 | 2.66 |
September 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,856,000K
+ $—K
+ $1,901,200K)
÷ $4,218,600K
= 0.89
Peer comparison
Sep 30, 2025
Company name
Symbol
Quick ratio
Air Products and Chemicals Inc
APD
0.89
Ashland Global Holdings Inc
ASH
—
WD-40 Company
WDFC
1.75