Kimberly-Clark Corporation (KMB)
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 | 1,021,000 | 1,111,000 | 1,163,000 | 853,000 | 1,093,000 | 814,000 | 580,000 | 524,000 | 427,000 | 362,000 | 311,000 | 493,000 | 270,000 | 286,000 | 306,000 | 320,000 | 303,000 | 1,518,000 | 1,448,000 | 979,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 7,004,000 | 7,066,000 | 7,011,000 | 6,878,000 | 6,930,000 | 6,831,000 | 6,598,000 | 7,094,000 | 7,334,000 | 7,197,000 | 7,209,000 | 7,257,000 | 6,749,000 | 7,258,000 | 7,244,000 | 6,694,000 | 6,443,000 | 6,102,000 | 6,494,000 | 6,483,000 |
| Cash ratio | 0.15 | 0.16 | 0.17 | 0.12 | 0.16 | 0.12 | 0.09 | 0.07 | 0.06 | 0.05 | 0.04 | 0.07 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.25 | 0.22 | 0.15 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,021,000K
+ $—K)
÷ $7,004,000K
= 0.15
The cash ratio for Kimberly-Clark Corporation has fluctuated over the years, reflecting its ability to cover short-term obligations with cash and cash equivalents. The trend shows some variability, starting at 0.15 on March 31, 2020, peaking at 0.25 on September 30, 2020, declining to 0.04 by June 30, 2021, and then gradually increasing to 0.17 by June 30, 2024, before settling at 0.15 by December 31, 2024.
The ratios below 1 indicate that Kimberly-Clark Corporation may not have sufficient cash to cover its short-term liabilities. The company appears to have taken steps to increase its cash reserves, which is reflected in the improved cash ratio from mid-2021 to mid-2024. However, the downward trend in the later periods might suggest potential liquidity concerns. It is essential for stakeholders to monitor the company's ability to maintain a healthy cash ratio to ensure operational liquidity and financial stability.
Peer comparison
Dec 31, 2024