ManpowerGroup Inc (MAN)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 509,400 | 581,300 | 639,000 | 847,800 | 1,567,100 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 4,437,100 | 4,799,700 | 4,911,700 | 5,780,500 | 4,684,800 |
| Cash ratio | 0.11 | 0.12 | 0.13 | 0.15 | 0.33 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($509,400K
+ $—K)
÷ $4,437,100K
= 0.11
The cash ratio of ManpowerGroup Inc has shown a declining trend over the past five years. Starting at 0.33 on December 31, 2020, the ratio decreased to 0.15 by December 31, 2021, and continued to decrease to 0.13 by December 31, 2022, further dropping to 0.12 by December 31, 2023, and eventually settling at 0.11 by December 31, 2024. This downward trajectory indicates a decreasing ability of the company to cover its short-term liabilities solely with its available cash and cash equivalents. It suggests potential liquidity challenges that may require closer monitoring and management attention.
Peer comparison
Dec 31, 2024