Ecolab Inc (ECL)

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	1,256,800	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	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables	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
Quick 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

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,256,800K + $—K + $—K) ÷ $4,792,800K
= 0.26

The quick ratio of Ecolab Inc has shown a fluctuating trend over the past few years, fluctuating between a low of 0.03 to a high of 0.49. This 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 most liquid assets.

Ecolab's quick ratio has dipped significantly below 1 in some quarters, indicating potential liquidity challenges during those periods. It is important for investors and stakeholders to closely monitor this ratio, as a consistently low quick ratio may raise concerns about the company's short-term financial health and ability to cover its immediate liabilities.