Bunge Limited (BG)
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 | 3,311,000 | 2,836,000 | 1,161,000 | 2,939,000 | 2,602,000 | 2,173,000 | 1,330,000 | 3,052,000 | 1,104,000 | 956,000 | 818,000 | 386,000 | 902,000 | 1,033,000 | 464,000 | 226,000 | 352,000 | 291,000 | 277,000 | 193,000 |
| Short-term investments | US$ in thousands | 484,000 | 178,000 | 166,000 | 199,000 | 105,000 | 122,000 | 73,000 | 97,000 | 119,000 | 90,000 | 172,000 | 264,000 | 520,000 | 451,000 | 437,000 | 351,000 | 346,000 | 294,000 | 321,000 | 284,000 |
| Total current liabilities | US$ in thousands | 7,435,000 | 7,691,000 | 7,606,000 | 8,429,000 | 7,687,000 | 8,245,000 | 8,291,000 | 10,408,000 | 9,600,000 | 10,567,000 | 13,101,000 | 13,860,000 | 9,324,000 | 9,759,000 | 10,321,000 | 11,340,000 | 10,985,000 | 8,932,000 | 7,496,000 | 8,022,000 |
| Cash ratio | 0.51 | 0.39 | 0.17 | 0.37 | 0.35 | 0.28 | 0.17 | 0.30 | 0.13 | 0.10 | 0.08 | 0.05 | 0.15 | 0.15 | 0.09 | 0.05 | 0.06 | 0.07 | 0.08 | 0.06 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($3,311,000K
+ $484,000K)
÷ $7,435,000K
= 0.51
The cash ratio of Bunge Limited has shown fluctuations over the years based on the provided data. As of December 31, 2024, the cash ratio stands at 0.51, indicating that the company held $0.51 in cash and cash equivalents for every $1 of current liabilities. This implies that Bunge Limited has a relatively strong liquidity position at the end of 2024.
The trend of the cash ratio reveals variability in the company's ability to cover its short-term obligations with cash on hand. There was a notable increase in the cash ratio from March 31, 2023, to December 31, 2024, indicating improved liquidity management during this period.
It is essential for investors and stakeholders to monitor the cash ratio as it provides insights into the company's ability to meet its immediate financial obligations. A higher cash ratio suggests a more liquid financial position, while a lower ratio may raise concerns about liquidity risk.
Peer comparison
Dec 31, 2024