KBR Inc (KBR)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 350,000 | 304,000 | 389,000 | 370,000 | 436,000 |
| Short-term investments | US$ in thousands | — | — | — | 2,000 | — |
| Total current liabilities | US$ in thousands | 1,782,000 | 1,572,000 | 1,821,000 | 1,875,000 | 1,455,000 |
| Cash ratio | 0.20 | 0.19 | 0.21 | 0.20 | 0.30 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($350,000K
+ $—K)
÷ $1,782,000K
= 0.20
The cash ratio of KBR Inc has shown some fluctuations over the past five years. As of December 31, 2020, the cash ratio was at 0.30, indicating that the company had $0.30 in cash and cash equivalents for every $1 of current liabilities. However, by December 31, 2021, the cash ratio decreased to 0.20, suggesting a decrease in the company's ability to cover its short-term obligations with cash on hand.
Subsequently, the cash ratio slightly improved to 0.21 by December 31, 2022, but then decreased again to 0.19 by December 31, 2023. This downward trend may raise concerns about the company's liquidity position and its ability to meet its short-term financial obligations.
Finally, as of December 31, 2024, the cash ratio increased slightly to 0.20, but it is still lower compared to the initial ratio in 2020. Overall, the fluctuating cash ratio of KBR Inc over the past five years indicates a varying level of liquidity management and the need for a closer assessment of the company's cash management strategies.
Peer comparison
Dec 31, 2024