Elanco Animal Health (ELAN)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 468,000 | 352,000 | 345,000 | 638,000 | 494,700 |
| Short-term investments | US$ in thousands | — | — | 14,000 | — | — |
| Receivables | US$ in thousands | 886,000 | 1,010,000 | 1,002,000 | 1,028,000 | 1,076,700 |
| Total current liabilities | US$ in thousands | 1,315,000 | 1,241,000 | 1,702,000 | 1,643,000 | 2,076,300 |
| Quick ratio | 1.03 | 1.10 | 0.80 | 1.01 | 0.76 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($468,000K
+ $—K
+ $886,000K)
÷ $1,315,000K
= 1.03