The Mosaic Company (MOS)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 272,800 | 348,800 | 735,400 | 769,500 | 574,000 |
| Short-term investments | US$ in thousands | — | — | — | — | 673,000 |
| Total current liabilities | US$ in thousands | 4,171,300 | 3,873,700 | 5,533,800 | 4,787,400 | 3,146,500 |
| Cash ratio | 0.07 | 0.09 | 0.13 | 0.16 | 0.40 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($272,800K
+ $—K)
÷ $4,171,300K
= 0.07
The cash ratio of The Mosaic Company has shown a declining trend over the past five years, decreasing from 0.40 as of December 31, 2020, to 0.07 as of December 31, 2024. This indicates that the company's ability to cover its current liabilities with its cash and cash equivalents has been weakening. A cash ratio below 1 suggests that the company may have difficulty meeting its short-term obligations solely with its available cash resources. The decreasing trend of the cash ratio may raise concerns about the company's liquidity position and its ability to handle unexpected financial obligations. It is important for stakeholders to closely monitor The Mosaic Company's liquidity management to ensure the company can meet its short-term financial commitments effectively.
Peer comparison
Dec 31, 2024