Mativ Holdings Inc. (MATV)
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 | 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 | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($94,300K
+ $—K
+ $—K)
÷ $274,500K
= 0.34
The quick ratio of Mativ Holdings Inc. has fluctuated over the periods under review. The quick ratio indicates the company's ability to meet its short-term obligations using its most liquid assets.
Since March 31, 2020, the quick ratio has ranged from a low of 0.19 on September 30, 2022, to a high of 0.89 on March 31, 2020. Notably, the quick ratio decreased significantly in some periods, such as June 30, 2020, when it was 0.47, and June 30, 2021, when it was 0.27. This could indicate potential liquidity challenges for the company in those particular periods.
Conversely, there were instances where the quick ratio improved, such as December 31, 2020, when it increased to 0.68, and December 31, 2023, when it reached 0.43. These improvements may suggest better liquidity management or increased levels of more liquid assets available to cover short-term obligations.
Overall, the trend in the quick ratio suggests some variability in the company's ability to quickly cover its short-term liabilities with its liquid assets. It would be important to further investigate the factors influencing these fluctuations to assess the company's overall liquidity position effectively.
Peer comparison
Dec 31, 2024