CSW Industrials Inc (CSWI)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 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 | 153,434 |
| 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 |
| Current ratio | 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 | 2.84 |
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 shown fluctuations over the given period, ranging from a low of 2.55 to a high of 4.18. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets.
The company's current ratio has generally been above 2, indicating that CSW Industrials Inc has had a comfortable level of liquidity to meet its short-term obligations. A current ratio above 1 suggests that the company has more than enough current assets to cover its current liabilities.
It is essential to note that a high current ratio may also indicate that the company is not effectively utilizing its current assets to generate revenue or that it has excessive inventory levels. On the other hand, a low current ratio may suggest liquidity issues or difficulties in meeting short-term obligations.
Overall, CSW Industrials Inc's current ratio trend suggests that the company has maintained a healthy liquidity position over the reviewed period, with some fluctuations that may warrant further investigation to understand the underlying factors influencing the ratio changes.
Peer comparison
Mar 31, 2025