MKS Instruments Inc (MKSI)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 420,000 | 507,000 | 909,000 | 966,000 | 608,300 |
| Short-term investments | US$ in thousands | — | 0 | 1,000 | 76,000 | 227,700 |
| Total current liabilities | US$ in thousands | 775,000 | 848,000 | 952,000 | 460,000 | 373,900 |
| Cash ratio | 0.54 | 0.60 | 0.96 | 2.27 | 2.24 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($420,000K
+ $—K)
÷ $775,000K
= 0.54
The cash ratio of MKS Instruments Inc has shown a decreasing trend over the past five years, starting at 2.24 in December 31, 2020, and gradually declining to 0.54 by December 31, 2024. This downward trend indicates that the company may have been less capable of meeting its short-term obligations solely with its cash and cash equivalents in recent years. It is important for stakeholders to monitor this ratio closely as a lower cash ratio could potentially signal liquidity issues or difficulties in fulfilling immediate financial commitments.
Peer comparison
Dec 31, 2024