KBR Inc (KBR)
Quick 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 | 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 | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 1,107,000 | 1,095,000 | 992,000 | 1,007,000 | 1,014,000 | 1,047,000 | 1,052,000 | 1,076,000 | 966,000 | 909,000 | 1,033,000 | 1,035,000 | 1,432,000 | 1,245,000 | 934,000 | 877,000 | 921,000 | 976,000 | 960,000 | 1,085,000 |
| 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 |
| Quick ratio | 0.82 | 0.93 | 0.87 | 0.85 | 0.84 | 0.66 | 0.71 | 0.79 | 0.74 | 1.00 | 1.04 | 0.99 | 0.96 | 1.00 | 0.98 | 0.93 | 0.93 | 1.34 | 1.07 | 1.01 |
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 has shown some fluctuations over the past few years. It was at a healthy level of around 1.00 to 1.34 from March 31, 2020, to September 30, 2020. However, it declined to 0.93 by the end of December 31, 2020. The ratio remained relatively stable around 0.93 to 1.04 from March 31, 2021, to June 30, 2022. There was a notable decrease to 0.74 by the end of December 31, 2022, which indicates a potential liquidity concern.
The quick ratio slightly improved to 0.85 by March 31, 2023, but then decreased to 0.71 by June 30, 2023, and further declined to 0.66 by September 30, 2023. This downward trend suggests a potential strain on the company's ability to meet its short-term obligations swiftly using its most liquid assets. However, there was a slight recovery to 0.84 by December 31, 2023.
The ratio continued to improve gradually, reaching 0.87 by June 30, 2024, and slightly higher at 0.93 by September 30, 2024. Although the quick ratio has shown some variability, it is essential for KBR Inc to closely monitor and manage its liquidity position to ensure it can meet its short-term financial obligations efficiently.
Peer comparison
Dec 31, 2024