Dupont De Nemours Inc (DD)

Quick 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 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
Receivables US$ in thousands
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
Quick 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

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

The quick ratio of Dupont De Nemours Inc has fluctuated over the analyzed period, ranging from a low of 0.21 on March 31, 2020, to a high of 1.42 on March 31, 2023. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets.

A quick ratio below 1 indicates that the company may have difficulty meeting its short-term obligations using only its quick assets (current assets excluding inventory). Throughout the period, Dupont De Nemours Inc generally maintained a quick ratio below 1, with some quarters showing improvements such as the ratios exceeding 1 in later periods like March 31, 2023, and June 30, 2023.

The ratio dipped after that, hitting lows of 0.36 on September 30, 2023, and 0.39 on December 31, 2024. These fluctuations could indicate changing business conditions or management's strategy regarding liquidity and working capital management. Overall, a quick ratio of less than 1 for most of the period suggests that Dupont De Nemours Inc may have faced challenges in meeting its short-term obligations with its liquid assets alone.


See also:

Dupont De Nemours Inc Quick Ratio (Quarterly Data)