CF Industries Holdings Inc (CF)

Quick ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash US$ in thousands 1,614,000 2,032,000 2,323,000 1,628,000 683,000
Short-term investments US$ in thousands 268,000 55,000 80,000
Receivables US$ in thousands
Total current liabilities US$ in thousands 818,000 800,000 995,000 1,432,000 906,000
Quick ratio 1.97 2.54 2.60 1.18 0.84

December 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,614,000K + $—K + $—K) ÷ $818,000K
= 1.97

The quick ratio of CF Industries Holdings Inc has demonstrated fluctuations over the years from 2020 to 2024. In 2020, the quick ratio was 0.84, indicating a relatively low level of liquidity. However, there has been a significant improvement in liquidity over the subsequent years, with the quick ratio reaching 2.60 in 2022, and 2.54 in 2023. This suggests that the company had more than enough liquid assets to cover its short-term liabilities during these years.

In 2024, the quick ratio experienced a slight decrease to 1.97, although it still remains at a healthy level above 1. This indicates that CF Industries Holdings Inc continues to maintain a strong ability to meet its short-term obligations using its highly liquid assets.

Overall, the trend in the quick ratio suggests an improvement in the company's liquidity position over the years, providing a favorable indication of its financial health and ability to manage short-term obligations effectively.


Peer comparison

Dec 31, 2024

Company name
Symbol
Quick ratio
CF Industries Holdings Inc
CF
1.97
Scotts Miracle-Gro Company
SMG
0.33
The Mosaic Company
MOS
0.33