Elanco Animal Health (ELAN)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 468,000 | 352,000 | 345,000 | 638,000 | 494,700 |
| Short-term investments | US$ in thousands | — | — | 14,000 | — | — |
| Total current liabilities | US$ in thousands | 1,315,000 | 1,241,000 | 1,702,000 | 1,643,000 | 2,076,300 |
| Cash ratio | 0.36 | 0.28 | 0.21 | 0.39 | 0.24 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($468,000K
+ $—K)
÷ $1,315,000K
= 0.36