Enersys (ENS)

Cash ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Cash and cash equivalents US$ in thousands 343,131 333,324 346,665 402,488 451,808
Short-term investments US$ in thousands
Total current liabilities US$ in thousands 775,068 723,857 718,320 738,130 676,988
Cash ratio 0.44 0.46 0.48 0.55 0.67

March 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($343,131K + $—K) ÷ $775,068K
= 0.44

The cash ratio of Enersys has shown a declining trend over the past five years, from 0.67 as of March 31, 2021, to 0.44 as of March 31, 2025. This indicates that the company's ability to cover its short-term liabilities with its cash and cash equivalents has decreased over the years. A decreasing cash ratio may suggest potential liquidity concerns if the trend persists, as it reflects a lower level of readily available cash to meet immediate obligations. Enersys should continue to monitor its liquidity position and explore strategies to improve its cash reserves to ensure financial stability in the future.


Peer comparison

Mar 31, 2025

Company name
Symbol
Cash ratio
Enersys
ENS
0.44
WESCO International Inc
WCC
0.18