KBR Inc (KBR)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 350,000 | 304,000 | 389,000 | 370,000 | 436,000 |
| Short-term investments | US$ in thousands | — | — | — | 2,000 | — |
| Receivables | US$ in thousands | 1,107,000 | 1,014,000 | 966,000 | 1,432,000 | 921,000 |
| Total current liabilities | US$ in thousands | 1,782,000 | 1,572,000 | 1,821,000 | 1,875,000 | 1,455,000 |
| Quick ratio | 0.82 | 0.84 | 0.74 | 0.96 | 0.93 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($350,000K
+ $—K
+ $1,107,000K)
÷ $1,782,000K
= 0.82
The quick ratio of KBR Inc, a measure of its ability to meet short-term obligations with its most liquid assets excluding inventory, has shown a fluctuating trend over the past five years. In December 2020, the quick ratio stood at 0.93, indicating that for every dollar of current liabilities, the company had $0.93 in quick assets to cover immediate obligations.
By December 2021, the quick ratio improved to 0.96, suggesting a slightly stronger liquidity position compared to the previous year. However, in December 2022, the quick ratio decreased to 0.74, signaling potential challenges in meeting short-term obligations with readily available assets.
In the following years, KBR Inc demonstrated some improvement in its quick ratio. By December 2023, the quick ratio increased to 0.84, indicating a better ability to cover short-term liabilities. In December 2024, the quick ratio was recorded at 0.82, showing a slight decrease from the previous year but still suggesting an adequate level of liquidity overall.
Overall, fluctuations in KBR Inc's quick ratio over the years indicate varying levels of liquidity and the company's ability to fulfill short-term financial commitments with its liquid assets. Further analysis of the company's asset composition and management of current liabilities may provide additional insights into its liquidity management strategies.
Peer comparison
Dec 31, 2024