Koppers Holdings Inc (KOP)
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 | 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 | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($43,900K
+ $—K
+ $—K)
÷ $325,800K
= 0.13
The quick ratio of Koppers Holdings Inc has fluctuated over the periods analyzed, ranging from a low of 0.10 to a high of 0.21. 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 short-term liabilities.
During the latest period of December 31, 2024, the quick ratio was reported at 0.13, suggesting that the company may face challenges in covering its immediate obligations with its liquid assets. It is important for investors and stakeholders to monitor this ratio over time to assess the company's liquidity position and ability to manage short-term financial obligations effectively.
Peer comparison
Dec 31, 2024