Mativ Holdings Inc. (MATV)
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 | 94,300 | 162,200 | 133,400 | 128,900 | 120,200 | 84,700 | 107,600 | 97,000 | 124,400 | 82,300 | 56,300 | 56,100 | 74,700 | 73,600 | 65,900 | 63,700 | 54,700 | 66,300 | 63,900 | 126,700 |
| Short-term investments | US$ in thousands | — | — | — | — | — | 400 | 500 | 500 | — | 200 | 200 | 200 | — | 200 | 200 | 60,000 | 59,000 | 600 | — | — |
| Total current liabilities | US$ in thousands | 274,500 | 328,000 | 305,100 | 299,500 | 281,400 | 403,500 | 426,200 | 468,500 | 466,100 | 439,300 | 242,800 | 243,400 | 231,100 | 246,600 | 244,400 | 157,700 | 166,900 | 159,300 | 136,700 | 142,400 |
| Cash ratio | 0.34 | 0.49 | 0.44 | 0.43 | 0.43 | 0.21 | 0.25 | 0.21 | 0.27 | 0.19 | 0.23 | 0.23 | 0.32 | 0.30 | 0.27 | 0.78 | 0.68 | 0.42 | 0.47 | 0.89 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($94,300K
+ $—K)
÷ $274,500K
= 0.34
The cash ratio of Mativ Holdings Inc. provides insight into the company's ability to cover its short-term liabilities using its cash and cash equivalents. From March 31, 2020, to December 31, 2024, the cash ratio fluctuated within the range of 0.19 to 0.89. The ratio peaked at 0.89 on March 31, 2020, indicating that the company held a substantial amount of cash relative to its current liabilities at that time.
However, there was a significant decline in the cash ratio in subsequent periods, dropping to a low of 0.19 on September 30, 2022. This could suggest potential liquidity challenges or a decrease in the company's cash reserves relative to its current obligations during that period.
Throughout the years, there were fluctuations in the cash ratio, indicating changes in the company's cash position and its ability to meet short-term obligations. Overall, it is important for Mativ Holdings Inc. to maintain a healthy cash ratio to ensure efficient management of its short-term liquidity needs and financial stability.
Peer comparison
Dec 31, 2024