Enersys (ENS)

Quick 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 US$ in thousands 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
Receivables US$ in thousands 545,223 549,011 507,925 584,212 498,499 536,501 566,498 693,411 581,753 705,481 697,116 796,028 636,049 584,584 580,961 660,957 547,462 499,781
Total current liabilities US$ in thousands 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
Quick ratio 1.42 1.38 1.24 1.27 1.25 1.30 1.30 1.45 1.31 1.49 1.65 1.62 1.66 1.64 1.63 1.64 1.71 1.61 0.71

March 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($—K + $—K + $—K) ÷ $—K
= —

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to pay off its current liabilities with its most liquid assets. A quick ratio of 1 or higher is generally considered satisfactory as it indicates that a company has enough liquid assets to cover its short-term liabilities.

In the case of Enersys, the quick ratio has fluctuated over the years based on the data provided. It was 0.71 on July 5, 2020, indicating a potential liquidity issue as the ratio was below 1. However, the ratio improved significantly to 1.61 on September 30, 2020, and further increased to 1.71 on December 31, 2020, signaling a stronger liquidity position.

From December 2020 to September 2022, the quick ratio remained relatively stable, ranging between 1.49 and 1.66, suggesting that Enersys continued to maintain a healthy liquidity position during this period. However, in the following quarters up to December 2024, the quick ratio experienced some fluctuations between 1.24 and 1.42, with the ratio generally staying above 1, indicating that the company continued to have sufficient liquid assets to meet its short-term obligations.

Overall, based on the quick ratio data provided until March 31, 2025, Enersys has generally demonstrated a strong liquidity position, with the ratio consistently above 1 for most of the time period analyzed. It is important for stakeholders to continue monitoring the company's quick ratio to ensure that it remains at a satisfactory level to meet its short-term financial obligations.


Peer comparison

Mar 31, 2025

Company name
Symbol
Quick ratio
Enersys
ENS
WESCO International Inc
WCC
0.18