Carlisle Companies Incorporated (CSL)
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 | 753,500 | 1,530,600 | 1,736,300 | 552,600 | 576,700 | 108,000 | 379,300 | 423,900 | 400,000 | 625,400 | 353,200 | 291,700 | 324,400 | 295,600 | 713,300 | 761,000 | 897,100 | 719,000 | 737,700 | 1,187,700 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 665,800 | 1,068,400 | 1,089,700 | 1,174,700 | 1,186,300 | 875,600 | 1,045,300 | 930,000 | 1,078,400 | 1,552,100 | 1,259,700 | 1,188,600 | 1,169,500 | 851,300 | 761,700 | 660,100 | 646,200 | 645,700 | 613,900 | 602,700 |
| Cash ratio | 1.13 | 1.43 | 1.59 | 0.47 | 0.49 | 0.12 | 0.36 | 0.46 | 0.37 | 0.40 | 0.28 | 0.25 | 0.28 | 0.35 | 0.94 | 1.15 | 1.39 | 1.11 | 1.20 | 1.97 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($753,500K
+ $—K)
÷ $665,800K
= 1.13
The cash ratio of Carlisle Companies Incorporated has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The cash ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents.
The trend in the cash ratio indicates the company's liquidity position. A higher cash ratio signifies that the company has more liquid assets available to cover its current liabilities, indicating a strong liquidity position. Conversely, a lower cash ratio may suggest potential difficulties in meeting short-term obligations.
From March 2020 to December 2024, Carlisle Companies Incorporated saw a decrease in its cash ratio from a high of 1.97 in March 2020 to a low of 0.12 in September 2023. This decline may indicate a decrease in liquidity over this period. However, there was a notable improvement in the cash ratio in the latter part of 2024, with ratios above 1.
It is essential to closely monitor the cash ratio to ensure the company can meet its short-term obligations efficiently. Analyzing the cash ratio in conjunction with other liquidity ratios and considering the overall financial health of the company can provide a more comprehensive view of its liquidity position.
Peer comparison
Dec 31, 2024