Crane Company (CR)
Cash ratio
| Dec 31, 2023 | ||
|---|---|---|
| Cash and cash equivalents | US$ in thousands | 329,600 |
| Short-term investments | US$ in thousands | — |
| Total current liabilities | US$ in thousands | 467,100 |
| Cash ratio | 0.71 |
December 31, 2023 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($329,600K
+ $—K)
÷ $467,100K
= 0.71
Peer comparison
Dec 31, 2023
Company name
Symbol
Cash ratio
Crane Company
CR
0.71
Crane NXT Co
CXT
0.68
Parker-Hannifin Corporation
PH
0.06
Watts Water Technologies Inc
WTS
0.86