CSW Industrials Inc (CSWI)
Current ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 592,861 | 331,410 | 323,056 | 300,147 | 214,553 |
| Total current liabilities | US$ in thousands | 147,202 | 115,836 | 108,039 | 117,402 | 82,748 |
| Current ratio | 4.03 | 2.86 | 2.99 | 2.56 | 2.59 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $592,861K ÷ $147,202K
= 4.03
The current ratio of CSW Industrials Inc has exhibited a generally positive trend over the past five years, indicating the company's strong ability to meet its short-term obligations with its current assets. The ratio stood at 2.59 as of March 31, 2021, and slightly decreased to 2.56 by March 31, 2022. However, there was a notable improvement by March 31, 2023, with the current ratio increasing to 2.99. The trend continued to be favorable in the following years, reaching 2.86 by March 31, 2024, and further improving to 4.03 by March 31, 2025.
A current ratio above 1 suggests that the company has more than enough current assets to cover its current liabilities, indicating a healthy liquidity position. The upward trend in the current ratio for CSW Industrials Inc reflects a strengthening financial position and indicates the company's ability to easily cover its short-term debts and financial obligations. This trend also signifies efficient management of working capital and a reduced risk of liquidity issues in the foreseeable future.
Peer comparison
Mar 31, 2025