CSW Industrials, Inc. (CSW)
Current ratio
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 451,032 | 592,861 | 563,463 | 609,497 | 331,219 | 331,410 | 307,508 | 318,647 | 318,680 | 323,056 | 322,337 | 326,285 | 330,930 | 300,147 | 250,718 | 244,872 | 242,672 | 214,553 | 215,823 | 174,858 |
| Total current liabilities | US$ in thousands | 157,896 | 147,202 | 134,715 | 159,450 | 121,485 | 115,836 | 111,127 | 112,702 | 106,445 | 108,039 | 109,376 | 111,881 | 121,814 | 117,402 | 98,426 | 85,714 | 91,727 | 82,748 | 76,759 | 57,410 |
| Current ratio | 2.86 | 4.03 | 4.18 | 3.82 | 2.73 | 2.86 | 2.77 | 2.83 | 2.99 | 2.99 | 2.95 | 2.92 | 2.72 | 2.56 | 2.55 | 2.86 | 2.65 | 2.59 | 2.81 | 3.05 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $451,032K ÷ $157,896K
= 2.86
The current ratio of CSW Industrials, Inc. has displayed notable fluctuations over the period from September 2020 to June 2025. At the start of this timeframe, the ratio was 3.05 as of September 30, 2020, indicating a robust liquidity position with the company's current assets significantly exceeding its current liabilities. The ratio declined steadily through 2020 and into early 2021, reaching a low of approximately 2.55 on December 31, 2021. This suggests a gradual reduction in short-term liquidity but still maintaining a coverage ratio above 2.5, which generally indicates adequate liquidity.
Throughout 2022, the current ratio experienced a gradual upward trend, reaching approximately 2.92 by September 30, 2022, and slightly increasing to 2.95 by the end of that year. The beginning of 2023 saw the ratio near 3.00 before peaking at 3.82 on September 30, 2024. This significant increase in late 2024 implies an improvement in short-term liquidity management, potentially through bolstered current assets or decreased current liabilities.
However, the ratio experienced some decline afterward, falling to about 2.86 by June 2025. Despite this slight decrease, the current ratio remains comfortably above 2.5, which generally indicates a stable liquidity position. The ratios over this period show that CSW Industrials, Inc. maintained a consistent ability to meet its short-term obligations, with fluctuations reflecting operational, strategic, or market-driven changes in working capital management.
Overall, the company's current ratio demonstrates sustained liquidity strength, with periods of fluctuation that are typical of ongoing operational adjustments. The recent increase in 2024 signals a positive liquidity position, while the slight decrease in 2025 suggests routine management adjustments rather than liquidity concerns.
Peer comparison
Jun 30, 2025