CSW Industrials Inc (CSWI)
Cash ratio
| 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 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 225,845 | 213,754 | 273,220 | 18,852 | 22,156 | 24,988 | 13,846 | 14,788 | 18,455 | 14,721 | 13,558 | 15,519 | 16,619 | 16,184 | 17,329 | 15,677 | 10,088 | 18,260 | 47,299 | 19,687 |
| Short-term investments | US$ in thousands | — | — | — | 1,197 | 1,186 | 942 | 1,550 | 1,472 | 877 | 379 | 128 | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 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 | 53,953 |
| Cash ratio | 1.53 | 1.59 | 1.71 | 0.17 | 0.20 | 0.23 | 0.14 | 0.15 | 0.18 | 0.14 | 0.12 | 0.13 | 0.14 | 0.16 | 0.20 | 0.17 | 0.12 | 0.24 | 0.82 | 0.36 |
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 has fluctuated over the analyzed periods, ranging from as low as 0.12 to as high as 1.71. A cash ratio below 1 indicates that the company may not have enough liquid assets to cover its short-term liabilities.
In particular, the cash ratio was relatively low in the first half of the analysis period, with a noticeable drop to 0.12 in March 31, 2021, suggesting potential liquidity concerns during that time. However, the ratio started to improve in the subsequent periods, reaching its peak at 1.71 on September 30, 2024, highlighting a significant increase in the company's ability to cover its short-term obligations with cash.
Overall, the cash ratio trend for CSW Industrials Inc demonstrates fluctuations but with a general improvement towards the later periods, indicating enhanced liquidity management and potentially stronger financial health.
Peer comparison
Mar 31, 2025