ESAB Corp (ESAB)
Quick ratio
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Cash | US$ in thousands | 102,003 | 72,024 |
| Short-term investments | US$ in thousands | — | — |
| Receivables | US$ in thousands | 385,198 | 374,329 |
| Total current liabilities | US$ in thousands | 620,082 | 601,575 |
| Quick ratio | 0.79 | 0.74 |
December 31, 2023 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($102,003K
+ $—K
+ $385,198K)
÷ $620,082K
= 0.79
Peer comparison
Dec 31, 2023