JBTMarel Corp (JBTM)
Cash ratio
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 111,800 | 101,000 | 1,228,400 | 534,500 | 474,300 | 479,000 | 483,300 | 401,700 | 42,800 | 45,700 | 71,700 | 52,600 | 68,100 | 84,200 | 78,800 | 58,200 | 202,300 | 57,500 | 47,500 | 50,600 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | 125,000 | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,643,700 | 1,183,400 | 535,500 | 473,400 | 442,900 | 466,100 | 484,400 | 584,300 | 610,000 | 618,300 | 624,000 | 619,200 | 606,700 | 595,900 | 549,900 | 502,800 | 478,900 | 469,400 | 457,500 | 434,600 |
| Cash ratio | 0.07 | 0.09 | 2.29 | 1.13 | 1.07 | 1.03 | 1.00 | 0.90 | 0.07 | 0.07 | 0.11 | 0.08 | 0.11 | 0.14 | 0.14 | 0.12 | 0.42 | 0.12 | 0.10 | 0.12 |
June 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($111,800K
+ $—K)
÷ $1,643,700K
= 0.07
The cash ratio of JBTMarel Corp has exhibited notable fluctuations over the period from September 2020 to June 2025. During the initial years, the ratio remained relatively low, fluctuating between 0.07 and 0.14, indicating limited cash holdings relative to current liabilities. Notably, the ratio experienced a significant spike starting in September 2023, reaching 0.90, and subsequently surpassing 1.0 in December 2023, with values of 1.00 in December 2023, 1.03 in March 2024, 1.07 in June 2024, and peaking at 2.29 in December 2024. This upward trend suggests a considerable increase in cash holdings relative to current liabilities, potentially reflecting enhanced liquidity or conservative cash management practices.
Following the peak, the cash ratio declined sharply to 0.09 in March 2025 and further to 0.07 in June 2025, indicating a reduction in cash holdings relative to current liabilities during this period. The dramatic rise and subsequent fall in the cash ratio highlight periods of liquidity accumulation and possible deployment or outflow of cash resources. Overall, the recent elevated cash ratio points to a period of substantial liquidity buffer, whereas earlier years showed a more modest and stable cash liquidity position.
Peer comparison
Jun 30, 2025