KBR Inc (KBR)
Cash ratio
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 350,000 | 462,000 | 414,000 | 314,000 | 304,000 | 348,000 | 539,000 | 416,000 | 389,000 | 461,000 | 516,000 | 412,000 | 370,000 | 550,000 | 483,000 | 445,000 | 436,000 | 949,000 | 635,000 | 566,000 |
| Short-term investments | US$ in thousands | — | 147,000 | 25,000 | 25,000 | — | — | — | 23,000 | — | 16,000 | 8,000 | 2,000 | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,782,000 | 1,827,000 | 1,653,000 | 1,579,000 | 1,572,000 | 2,127,000 | 2,252,000 | 1,928,000 | 1,821,000 | 1,389,000 | 1,492,000 | 1,461,000 | 1,875,000 | 1,788,000 | 1,443,000 | 1,419,000 | 1,455,000 | 1,433,000 | 1,495,000 | 1,627,000 |
| Cash ratio | 0.20 | 0.33 | 0.27 | 0.21 | 0.19 | 0.16 | 0.24 | 0.23 | 0.21 | 0.34 | 0.35 | 0.28 | 0.20 | 0.31 | 0.33 | 0.31 | 0.30 | 0.66 | 0.42 | 0.35 |
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 fluctuated over the years, ranging from a low of 0.16 to a high of 0.66. This ratio indicates the company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio suggests a stronger liquidity position, as the company has more cash on hand relative to its current liabilities.
In the latest period, the cash ratio stood at 0.20, indicating that for every dollar of current liabilities, KBR Inc had $0.20 of cash available. This suggests that the company may have a limited ability to cover its short-term obligations solely with its cash reserves.
It is essential for investors and creditors to monitor KBR Inc's cash ratio over time to assess its liquidity risk and financial health, as a declining trend in the cash ratio could indicate potential liquidity challenges in the future.
Peer comparison
Dec 31, 2024