Matson Inc (MATX)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 266,800 | 134,000 | 249,800 | 282,400 | 14,400 |
| Short-term investments | US$ in thousands | — | — | — | — | 48,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 560,400 | 562,300 | 581,600 | 612,400 | 511,500 |
| Quick ratio | 0.48 | 0.24 | 0.43 | 0.46 | 0.12 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($266,800K
+ $—K
+ $—K)
÷ $560,400K
= 0.48
The quick ratio of Matson Inc has shown fluctuations over the past five years. Starting at a very low level of 0.12 on December 31, 2020, the ratio increased significantly to 0.46 by December 31, 2021, indicating an improvement in the company's ability to meet its short-term obligations with its most liquid assets. However, by the end of 2022, the quick ratio slightly decreased to 0.43. The ratio then dropped further to 0.24 by December 31, 2023, signaling potential liquidity challenges.
The quick ratio rebounded in the following year, reaching 0.48 by December 31, 2024, which suggests an improvement in Matson Inc's short-term liquidity position. Overall, the fluctuations in the quick ratio indicate varying levels of short-term liquidity management by the company over the five-year period. It is important for Matson Inc to continuously monitor and manage its liquidity position to ensure it can meet its immediate financial obligations efficiently.
Peer comparison
Dec 31, 2024