CSW Industrials Inc (CSWI)
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 | 151,646 | 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 | 2.56 | 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
+ $151,646K)
÷ $147,202K
= 2.56
The quick ratio of CSW Industrials Inc has shown a generally positive trend over the past five years, indicating improved liquidity position.
As of March 31, 2021, the quick ratio was 1.29, which suggests that the company had $1.29 in liquid assets to cover each dollar of current liabilities. In the following year, the quick ratio slightly decreased to 1.19, indicating a slight deterioration in liquidity compared to the previous year.
However, in the subsequent years, the quick ratio improved significantly. By March 31, 2023, the quick ratio increased to 1.32, and by March 31, 2024, it further increased to 1.43, signaling enhanced liquidity and the company's ability to meet its short-term obligations more comfortably.
The most notable improvement occurred by March 31, 2025, where the quick ratio surged to 2.56. This substantial increase indicates a strong liquidity position, with $2.56 in liquid assets available to cover each dollar of current liabilities, reflecting a robust financial health and ability to navigate unforeseen challenges.
Overall, the increasing trend in the quick ratio for CSW Industrials Inc demonstrates a positive performance in managing short-term liquidity, which can enhance the company's financial stability and ability to meet its short-term obligations effectively.
Peer comparison
Mar 31, 2025