Dupont De Nemours Inc (DD)
Cash ratio
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,856,000 | 1,651,000 | 1,509,000 | 2,347,000 | 2,803,000 | 1,338,000 | 4,885,000 | 3,525,000 | 3,662,000 | 1,785,000 | 1,439,000 | 1,672,000 | 2,011,000 | 1,670,000 | 3,962,000 | 4,384,000 | 2,544,000 | 4,008,000 | 3,737,000 | 1,748,000 |
| Short-term investments | US$ in thousands | — | — | — | — | 0 | 0 | 0 | 1,319,000 | 1,302,000 | — | 8,000 | — | — | 1,029,000 | 1,068,000 | 2,001,000 | 1,083,000 | 147,000 | 31,000 | 31,000 |
| Total current liabilities | US$ in thousands | 4,801,000 | 2,825,000 | 2,786,000 | 3,032,000 | 3,098,000 | 3,688,000 | 3,739,000 | 3,406,000 | 3,848,000 | 6,014,000 | 5,494,000 | 5,122,000 | 4,262,000 | 4,221,000 | 3,940,000 | 5,667,000 | 4,699,000 | 6,984,000 | 8,010,000 | 8,545,000 |
| Cash ratio | 0.39 | 0.58 | 0.54 | 0.77 | 0.90 | 0.36 | 1.31 | 1.42 | 1.29 | 0.30 | 0.26 | 0.33 | 0.47 | 0.64 | 1.28 | 1.13 | 0.77 | 0.59 | 0.47 | 0.21 |
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 shown fluctuations over the years, reflecting changes in the company's liquidity position. The cash ratio, calculated as the ratio of cash and cash equivalents to current liabilities, provides an indication of the company's ability to cover its short-term obligations using its available cash reserves.
From March 31, 2020, to June 30, 2021, the cash ratio steadily increased from 0.21 to 1.28, indicating an improvement in the company's liquidity position during this period. This upward trend suggests that Dupont De Nemours Inc had more than enough cash on hand to cover its short-term liabilities.
However, starting from September 30, 2021, the cash ratio experienced a decline, reaching its lowest point of 0.26 on June 30, 2022. This could suggest that the company may have faced challenges in maintaining sufficient cash reserves relative to its current liabilities during this period.
Subsequently, the cash ratio increased to 1.42 by March 31, 2023, indicating a significant improvement in the company's liquidity position. This improvement might have been driven by increased cash holdings or reductions in current liabilities.
From March 31, 2023, to December 31, 2024, the cash ratio displayed further fluctuations, oscillating between 0.36 and 0.90. These fluctuations may indicate varying levels of liquidity risk for Dupont De Nemours Inc during this period.
Overall, the analysis of Dupont De Nemours Inc's cash ratio highlights the company's liquidity position and its ability to meet short-term financial obligations with available cash and cash equivalents. Investors and stakeholders may monitor this ratio to assess the company's liquidity risk and financial health.
Peer comparison
Dec 31, 2024