Dupont De Nemours Inc (DD)

Cash ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents US$ in thousands 1,856,000 2,803,000 3,662,000 2,011,000 2,544,000
Short-term investments US$ in thousands -411,000 1,302,000 0 1,083,000
Total current liabilities US$ in thousands 4,801,000 3,098,000 3,848,000 4,262,000 4,699,000
Cash ratio 0.39 0.77 1.29 0.47 0.77

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,856,000K + $—K) ÷ $4,801,000K
= 0.39

The cash ratio of Dupont De Nemours Inc has fluctuated over the years as per the provided data.

1. December 31, 2020: The cash ratio was 0.77, indicating that the company had $0.77 in cash and cash equivalents for every dollar of current liabilities. This suggests a relatively healthy liquidity position.

2. December 31, 2021: The cash ratio decreased to 0.47, which may signal a reduction in the company's ability to cover its short-term obligations with cash on hand. This could be a cause for concern regarding liquidity.

3. December 31, 2022: The cash ratio improved significantly to 1.29, indicating a strong cash position relative to current liabilities. This suggests an improvement in liquidity and the company's ability to meet its short-term obligations.

4. December 31, 2023: The cash ratio remained stable at 0.77, similar to the level in 2020. This indicates that the company maintained a consistent liquidity position over the years.

5. December 31, 2024: The cash ratio decreased to 0.39, falling significantly from the previous year. This reduction may raise concerns about the company's ability to cover its short-term liabilities with available cash.

Overall, the trend in Dupont De Nemours Inc's cash ratio shows some fluctuations in liquidity levels over the years, with improvements in some periods and declines in others. Monitoring and managing liquidity effectively will be crucial for the company to ensure it can meet its financial obligations in a timely manner.


See also:

Dupont De Nemours Inc Cash Ratio