Warrior Met Coal Inc (HCC)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 491,547 | 738,197 | 829,480 | 395,839 | 211,916 |
| Short-term investments | US$ in thousands | 14,622 | 9,030 | 8,608 | 8,505 | 8,504 |
| Total current liabilities | US$ in thousands | 170,430 | 147,670 | 153,124 | 122,128 | 170,318 |
| Cash ratio | 2.97 | 5.06 | 5.47 | 3.31 | 1.29 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($491,547K
+ $14,622K)
÷ $170,430K
= 2.97
The cash ratio of Warrior Met Coal Inc has shown a fluctuating trend over the years. As of December 31, 2020, the cash ratio was 1.29, indicating that the company had $1.29 of cash and cash equivalents for every $1 of current liabilities.
There was a significant increase in the cash ratio to 3.31 as of December 31, 2021, suggesting that the company improved its liquidity position significantly by having $3.31 in cash and cash equivalents for every $1 of current liabilities.
By December 31, 2022, the cash ratio further improved to 5.47, indicating a strong liquidity position with $5.47 in cash and cash equivalents for every $1 of current liabilities.
However, there was a slight decline in the cash ratio to 5.06 by December 31, 2023, but it still indicates a healthy liquidity position.
As of December 31, 2024, the cash ratio decreased to 2.97, showing a reduction in liquidity compared to the previous year, but still suggesting that Warrior Met Coal Inc has a sufficient level of cash to cover its short-term obligations.
Overall, the trend of Warrior Met Coal Inc's cash ratio indicates fluctuations but generally reflects a positive liquidity position throughout the years analyzed.
Peer comparison
Dec 31, 2024