CSW Industrials, Inc. (CSW)
Quick ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 225,845 | 22,156 | 18,455 | 16,619 | 10,088 |
| Short-term investments | US$ in thousands | — | 1,186 | 877 | — | — |
| Receivables | US$ in thousands | 157,741 | 142,665 | 122,753 | 122,804 | 96,695 |
| Total current liabilities | US$ in thousands | 147,202 | 115,836 | 108,039 | 117,402 | 82,748 |
| Quick ratio | 2.61 | 1.43 | 1.32 | 1.19 | 1.29 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($225,845K
+ $—K
+ $157,741K)
÷ $147,202K
= 2.61
The quick ratio of CSW Industrials, Inc. demonstrates an overall improving trend over the analyzed period from March 31, 2021, to March 31, 2025. Specifically, the ratio was 1.29 in 2021, indicating that the company's liquid assets were sufficient to cover its current liabilities by 1.29 times at that time. A slight decrease occurred in 2022, with the ratio declining to 1.19, suggesting a marginal reduction in liquidity but remaining comfortably above the 1.0 benchmark, which generally indicates adequate short-term liquidity.
Subsequently, the ratio increased to 1.32 by 2023, reinforcing an enhancement in the company's ability to meet its short-term obligations with its most liquid assets. The upward trajectory continued markedly into 2024, with the ratio rising to 1.43, reflecting an improved liquidity position. The most significant change was observed in 2025, where the quick ratio sharply increased to 2.61, indicating a substantial increase in liquid assets relative to current liabilities.
This trend signifies that over the five-year period, CSW Industrials, Inc. has demonstrated a steady strengthening of its liquidity position, culminating in a notably high quick ratio in 2025. Such a level of liquidity suggests increased flexibility and reduced short-term financial risk, positioning the company with a strong ability to cover immediate liabilities through its most liquid assets.
Peer comparison
Mar 31, 2025