Lennox International Inc (LII)

Cash ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash and cash equivalents US$ in thousands 34,200 415,100 60,700 52,600 31,000
Short-term investments US$ in thousands 500 7,200 8,400 8,500 5,500
Total current liabilities US$ in thousands 1,191,800 1,313,300 1,014,600 1,595,700 827,100
Cash ratio 0.03 0.32 0.07 0.04 0.04

December 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($34,200K + $500K) ÷ $1,191,800K
= 0.03