Kenvue Inc. (KVUE)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,070,000 | 1,057,000 | 1,014,000 | 1,155,000 | 1,382,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 5,739,000 | 5,946,000 | 5,937,000 | 6,166,000 | 5,481,000 |
| Cash ratio | 0.19 | 0.18 | 0.17 | 0.19 | 0.25 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,070,000K
+ $—K)
÷ $5,739,000K
= 0.19
The cash ratio of Kenvue Inc. has shown a gradual decline over the past year, from 0.25 as of December 31, 2023, to 0.19 as of December 31, 2024. This indicates that the company's ability to cover its short-term obligations with its available cash and cash equivalents has decreased slightly. Although the ratio fluctuated slightly throughout the year, it remained relatively stable around the 0.19 level, suggesting that Kenvue Inc. has maintained a conservative approach to managing its cash position. Overall, while the cash ratio has slightly decreased, it still reflects a reasonable level of liquidity for the company to meet its immediate payment obligations.
Peer comparison
Dec 31, 2024