BWX Technologies Inc (BWXT)
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 | 74,109 | 35,522 | 48,341 | 45,895 | 75,766 | 50,201 | 33,861 | 42,051 | 35,244 | 51,400 | 67,404 | 23,635 | 33,891 | 69,381 | 190,752 | 57,677 | 42,610 | 44,662 | 61,584 | 77,627 |
| Short-term investments | US$ in thousands | — | -3,480 | — | — | 0 | 0 | 0 | 3,847 | 3,804 | 3,820 | 3,777 | 3,789 | 3,811 | 3,820 | 3,300 | 3,827 | 3,707 | 3,699 | 3,710 | 3,694 |
| Total current liabilities | US$ in thousands | 474,201 | 437,466 | 408,580 | 386,825 | 375,046 | 351,169 | 348,061 | 348,857 | 367,860 | 406,797 | 409,367 | 408,644 | 459,615 | 397,793 | 801,643 | 403,977 | 529,727 | 382,551 | 375,335 | 343,158 |
| Cash ratio | 0.16 | 0.07 | 0.12 | 0.12 | 0.20 | 0.14 | 0.10 | 0.13 | 0.11 | 0.14 | 0.17 | 0.07 | 0.08 | 0.18 | 0.24 | 0.15 | 0.09 | 0.13 | 0.17 | 0.24 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($74,109K
+ $—K)
÷ $474,201K
= 0.16
The cash ratio of BWX Technologies Inc has shown fluctuations over the last few years. It decreased from 0.24 as of March 31, 2020, to 0.07 as of March 31, 2022. It experienced a slight increase in the subsequent quarters, reaching 0.14 by September 30, 2023, before peaking at 0.20 by December 31, 2023. The ratio then declined to 0.07 by September 30, 2024, and increased to 0.16 as of December 31, 2024.
This pattern suggests that the company's ability to cover its short-term liabilities with available cash has varied, indicating fluctuations in liquidity levels during the period under consideration. A lower cash ratio may indicate potential liquidity challenges, while a higher ratio may point to a stronger short-term liquidity position. It is essential for investors and stakeholders to closely monitor these fluctuations to assess the company's liquidity health and ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024