Crane Company (CR)
Quick ratio
| Dec 31, 2023 | ||
|---|---|---|
| Cash | US$ in thousands | 329,600 |
| Short-term investments | US$ in thousands | — |
| Receivables | US$ in thousands | 306,400 |
| Total current liabilities | US$ in thousands | 467,100 |
| Quick ratio | 1.36 |
December 31, 2023 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($329,600K
+ $—K
+ $306,400K)
÷ $467,100K
= 1.36
Peer comparison
Dec 31, 2023
Company name
Symbol
Quick ratio
Crane Company
CR
1.36
Crane NXT Co
CXT
1.32
Parker-Hannifin Corporation
PH
0.09
Watts Water Technologies Inc
WTS
1.50