Kimberly-Clark Corporation (KMB)
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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 2,009,000 | 2,229,000 | 2,306,000 | 2,383,000 | 2,135,000 | 2,298,000 | 2,359,000 | 2,430,000 | 2,280,000 | 2,333,000 | 2,469,000 | 2,516,000 | 2,207,000 | 2,399,000 | 2,340,000 | 2,199,000 | 2,235,000 | 2,125,000 | 2,024,000 | 2,519,000 |
| 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 |
| Quick ratio | 0.43 | 0.47 | 0.49 | 0.47 | 0.47 | 0.46 | 0.45 | 0.42 | 0.37 | 0.37 | 0.39 | 0.41 | 0.37 | 0.37 | 0.37 | 0.38 | 0.39 | 0.60 | 0.53 | 0.54 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,021,000K
+ $—K
+ $2,009,000K)
÷ $7,004,000K
= 0.43
The quick ratio of Kimberly-Clark Corporation has shown fluctuations over the given periods. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio below 1 indicates that the company may have difficulty meeting its current liabilities.
From March 31, 2020, to March 31, 2024, the quick ratio generally declined from 0.54 to 0.47, indicating a potential weakening liquidity position during this period. However, there was a slight improvement in liquidity from 0.47 on December 31, 2024, to 0.43 on the same date in 2024.
The quick ratio reached its lowest point of 0.37 on June 30, 2021, and September 30, 2021, suggesting a challenging liquidity position at that time. The ratio then gradually increased to 0.49 on June 30, 2024, before slightly declining to 0.43 on December 31, 2024.
Overall, Kimberly-Clark Corporation's quick ratio fluctuated over the analyzed periods, demonstrating variations in its ability to meet short-term obligations with its quick assets. Investors and stakeholders may need to further analyze the company's liquidity position and management of current liabilities based on this trend.
Peer comparison
Dec 31, 2024