CSW Industrials Inc (CSWI)
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 for CSW Industrials Inc has shown a generally increasing trend over the past five years, indicating an improvement in the company's ability to cover its short-term liabilities with its available cash and cash equivalents.
In March 2021, the cash ratio was 0.12, suggesting that the company had $0.12 in cash and cash equivalents for every dollar of current liabilities. This ratio increased to 0.14 in March 2022, signaling a slight improvement in the company's liquidity position.
By March 2023, the cash ratio further improved to 0.18, indicating that CSW Industrials Inc had increased its cash reserves relative to its short-term obligations. The trend continued in March 2024, where the cash ratio reached 0.20, demonstrating a healthier liquidity position for the company.
The most significant increase in the cash ratio was observed in March 2025, when the ratio surged to 1.53. This substantial jump suggests a considerable buildup of cash and cash equivalents, significantly bolstering the company's ability to meet its short-term financial commitments.
Overall, the increasing trend in the cash ratio reflects CSW Industrials Inc's strengthening liquidity position over the years, providing a more secure financial footing to navigate uncertain market conditions and potential challenges in the future.
Peer comparison
Mar 31, 2025