Enersys (ENS)
Cash ratio
| Mar 31, 2025 | 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 | Jul 5, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 343,131 | 463,164 | 407,919 | 344,069 | 333,324 | 332,714 | 327,751 | 258,342 | 346,665 | 298,081 | 294,423 | 383,243 | 402,488 | 397,060 | 407,506 | 406,233 | 451,808 | 488,651 | 414,232 | 384,379 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 775,068 | 710,401 | 692,438 | 685,793 | 723,857 | 662,895 | 665,267 | 635,651 | 718,320 | 669,961 | 672,491 | 655,431 | 738,130 | 622,061 | 604,833 | 604,743 | 676,988 | 605,632 | 566,854 | 543,281 |
| Cash ratio | 0.44 | 0.65 | 0.59 | 0.50 | 0.46 | 0.50 | 0.49 | 0.41 | 0.48 | 0.44 | 0.44 | 0.58 | 0.55 | 0.64 | 0.67 | 0.67 | 0.67 | 0.81 | 0.73 | 0.71 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($343,131K
+ $—K)
÷ $775,068K
= 0.44
Enersys's cash ratio has fluctuated over the years, indicating changes in the company's ability to cover its short-term liabilities with cash and cash equivalents. The cash ratio started at 0.71 on July 5, 2020, and generally increased until reaching a peak of 0.81 on December 31, 2020. However, the ratio began to decline in the following periods, dropping to 0.55 on March 31, 2022. Despite some fluctuations, the cash ratio remained relatively stable around the range of 0.40 to 0.60 from March 31, 2023, to March 31, 2024.
As of March 31, 2025, the cash ratio data is not available. The downward trend in the cash ratio from 2020 to 2022 suggests a potential decrease in the company's liquidity position during that period. Investors and analysts may want to investigate the reasons behind the fluctuating cash ratio to assess Enersys's ability to meet its short-term obligations and manage its cash flow effectively.
Peer comparison
Mar 31, 2025