BorgWarner Inc (BWA)
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 | 2,094,000 | 2,000,000 | 1,288,000 | 1,037,000 | 1,534,000 | 949,000 | 848,000 | 950,000 | 1,333,000 | 1,241,000 | 1,390,000 | 1,501,000 | 1,841,000 | 1,507,000 | 1,553,000 | 1,755,000 | 1,650,000 | 2,121,000 | 2,003,000 | 901,000 |
| Short-term investments | US$ in thousands | — | 38,000 | — | 55,000 | 56,000 | — | — | — | 87,000 | — | — | — | — | 513,000 | 546,000 | 557,000 | 820,000 | 305,000 | — | — |
| Total current liabilities | US$ in thousands | 3,646,000 | 3,718,000 | 3,712,000 | 3,869,000 | 3,767,000 | 3,573,000 | 4,235,000 | 4,148,000 | 4,236,000 | 3,816,000 | 3,651,000 | 3,859,000 | 3,798,000 | 3,637,000 | 3,862,000 | 3,921,000 | 3,810,000 | 2,199,000 | 1,970,000 | 2,124,000 |
| Cash ratio | 0.57 | 0.55 | 0.35 | 0.28 | 0.42 | 0.27 | 0.20 | 0.23 | 0.34 | 0.33 | 0.38 | 0.39 | 0.48 | 0.56 | 0.54 | 0.59 | 0.65 | 1.10 | 1.02 | 0.42 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($2,094,000K
+ $—K)
÷ $3,646,000K
= 0.57
The cash ratio for BorgWarner Inc has fluctuated over the years, indicating the company's ability to cover its short-term liabilities with cash and cash equivalents. The ratio has varied between 0.20 and 1.10, showing a significant range of liquidity levels.
In the most recent period, the cash ratio was 0.57 as of December 31, 2024, indicating that the company had $0.57 in cash and cash equivalents for every $1 of current liabilities. This suggests that BorgWarner Inc has a solid liquidity position at the end of 2024.
Overall, the trend of the cash ratio for BorgWarner Inc shows some volatility, with periods of both strength and weakness in liquidity. Investors and stakeholders may want to monitor these ratios closely to assess the company's ability to meet its short-term obligations with cash resources.
Peer comparison
Dec 31, 2024