Koppers Holdings Inc (KOP)
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 | 43,900 | 44,500 | 48,900 | 49,000 | 66,500 | 53,500 | 48,200 | 46,400 | 33,300 | 42,800 | 38,100 | 46,900 | 45,500 | 44,900 | 46,500 | 44,200 | 38,500 | 39,500 | 33,000 | 54,200 |
| Short-term investments | US$ in thousands | — | — | — | — | 2,800 | 4,200 | — | — | — | — | — | — | -2,300 | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 325,800 | 287,000 | 284,900 | 308,900 | 325,900 | 312,900 | 294,100 | 316,000 | 324,000 | 293,800 | 303,300 | 299,800 | 285,700 | 266,800 | 265,200 | 266,900 | 292,100 | 271,500 | 292,800 | 322,800 |
| Cash ratio | 0.13 | 0.16 | 0.17 | 0.16 | 0.21 | 0.18 | 0.16 | 0.15 | 0.10 | 0.15 | 0.13 | 0.16 | 0.15 | 0.17 | 0.18 | 0.17 | 0.13 | 0.15 | 0.11 | 0.17 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($43,900K
+ $—K)
÷ $325,800K
= 0.13
The cash ratio of Koppers Holdings Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.17 in March 2020, decreased to 0.11 in June 2020, and then increased to 0.18 by June 2021. Subsequently, it experienced some variability but generally remained within the range of 0.10 to 0.21. The ratio indicates the company's ability to cover its current liabilities with its cash and cash equivalents. Overall, while there have been some fluctuations, the cash ratio of Koppers Holdings Inc has generally remained at acceptable levels to meet its short-term obligations.
Peer comparison
Dec 31, 2024