CSW Industrials, Inc. (CSW)
Cash ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 225,845 | 22,156 | 18,455 | 16,619 | 10,088 |
| Short-term investments | US$ in thousands | — | 1,186 | 877 | — | — |
| Total current liabilities | US$ in thousands | 147,202 | 115,836 | 108,039 | 117,402 | 82,748 |
| Cash ratio | 1.53 | 0.20 | 0.18 | 0.14 | 0.12 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($225,845K
+ $—K)
÷ $147,202K
= 1.53
The cash ratio of CSW Industrials, Inc. exhibits a consistent upward trend over the period from March 31, 2021, to March 31, 2025. Specifically, the ratio increased from 0.12 in 2021 to 0.14 in 2022, indicating a modest improvement in the company's ability to cover its current liabilities with cash and cash equivalents. This upward trajectory continued into 2023, reaching 0.18, and further increased to 0.20 by 2024, reflecting a gradual strengthening in liquidity measures. Significantly, by March 31, 2025, the cash ratio experienced a substantial escalation to 1.53, implying that the company's cash and cash equivalents now exceed its current liabilities, marking a notable shift toward a highly liquid position. This progressive rise suggests a deliberate accumulation of cash assets or a reduction in current liabilities relative to cash holdings, enhancing the company's short-term liquidity cushion. Overall, the data indicates an improving liquidity profile for CSW Industrials, with an increasing reliance on cash reserves to meet short-term obligations, culminating in a markedly strengthened liquidity position in 2025.
Peer comparison
Mar 31, 2025