CSW Industrials Inc (CSWI)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 151,646 | 114,825 | 135,265 | 143,195 | 144,620 | 104,522 | 126,320 | 127,075 | 122,753 | 103,213 | 125,901 | 143,874 | 122,804 | 90,737 | 107,660 | 111,940 | 96,695 | 75,005 | 70,092 | 71,490 |
| 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 |
| Quick ratio | 2.56 | 2.44 | 2.56 | 1.34 | 1.45 | 1.17 | 1.26 | 1.35 | 1.32 | 1.08 | 1.25 | 1.31 | 1.19 | 1.09 | 1.46 | 1.39 | 1.29 | 1.22 | 2.04 | 1.69 |
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 fluctuating trends over the periods analyzed. It started at 1.69 as of June 30, 2020, increased to 2.04 by September 30, 2020, and then decreased to 1.22 by December 31, 2020. The ratio continued to fluctuate around the range of 1.2 to 1.4 in the following quarters.
A notable increase occurred by September 30, 2024, when the quick ratio surged to 2.56, signaling a significant improvement in the company's short-term liquidity position. This strong liquidity position was maintained through the end of the period as the quick ratio remained elevated at 2.44 by December 31, 2024, and 2.56 by March 31, 2025.
Overall, the company's quick ratio indicates that it has generally maintained a healthy ability to meet its short-term obligations and cover immediate financial needs, with some periods showing stronger liquidity positions than others.
Peer comparison
Mar 31, 2025