Ecolab Inc (ECL)
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 | 1,256,800 | 1,261,100 | 384,000 | 479,900 | 919,500 | 1,001,300 | 554,200 | 419,400 | 598,600 | 112,900 | 124,900 | 99,400 | 359,900 | 897,900 | 1,402,400 | 1,189,500 | 1,260,200 | 1,034,700 | 1,369,000 | 1,661,900 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 4,792,800 | 4,709,100 | 3,847,600 | 3,701,100 | 4,345,800 | 4,600,500 | 4,467,500 | 4,489,600 | 4,210,400 | 3,772,300 | 3,806,000 | 3,631,300 | 3,553,200 | 2,894,500 | 2,880,300 | 2,852,200 | 2,932,200 | 3,106,400 | 3,227,700 | 4,257,400 |
| Cash ratio | 0.26 | 0.27 | 0.10 | 0.13 | 0.21 | 0.22 | 0.12 | 0.09 | 0.14 | 0.03 | 0.03 | 0.03 | 0.10 | 0.31 | 0.49 | 0.42 | 0.43 | 0.33 | 0.42 | 0.39 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,256,800K
+ $—K)
÷ $4,792,800K
= 0.26
The cash ratio of Ecolab Inc has fluctuated over the years based on the provided data. It ranged from a low of 0.03 on multiple occasions to a high of 0.49.
Analyzing the trend, we note that the cash ratio generally increased from March 31, 2020, reaching its highest level on June 30, 2021. Subsequently, there was a decline in the cash ratio till March 31, 2024, with some fluctuations in between.
The cash ratio is a measure of a company's ability to cover its short-term liabilities with its available cash and cash equivalents. A higher cash ratio indicates a better ability to cover short-term obligations, while a lower ratio may suggest potential liquidity issues.
From the data provided, it appears that Ecolab Inc had periods of stronger and weaker liquidity positions over the observed period. A decreasing trend in the cash ratio may warrant further investigation into the company's liquidity management and cash flow dynamics.
Peer comparison
Dec 31, 2024