Carlisle Companies Incorporated (CSL)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($753,500K
+ $—K
+ $—K)
÷ $665,800K
= 1.13
The quick ratio of Carlisle Companies Incorporated has fluctuated over the past five years. Starting at a healthy ratio of 1.97 in March 2020, the company maintained strong liquidity, indicating its ability to meet short-term obligations without relying heavily on inventory. However, there was a notable decline in the quick ratio to 0.25 by March 2022, suggesting potential liquidity challenges.
Subsequently, Carlisle Companies Incorporated made efforts to improve its liquidity position with some fluctuations along the way. By the end of June 2024, the quick ratio had recovered significantly to 1.59, indicating a healthier liquidity position compared to the previous periods. This improvement suggests that the company may have managed its short-term assets and liabilities more effectively, potentially enhancing its ability to meet immediate financial obligations.
Overall, the quick ratio trend of Carlisle Companies Incorporated reflects a dynamic approach to managing liquidity, with fluctuations showcasing the company's ability to adapt to changing financial circumstances over the analyzed period.
Peer comparison
Dec 31, 2024