MSA Safety (MSA)

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	164,560	154,371	148,835	148,329	148,408	164,499	146,897	138,906	162,902	159,613	134,047	147,300	140,895	117,302	174,078	184,728	160,672	132,830	136,238	122,629
Short-term investments	US$ in thousands	—	—	—	—	0	0	0	0	9,905	24,930	34,857	39,971	48,974	48,972	49,982	54,976	74,982	69,940	59,945	69,769
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	US$ in thousands	288,093	314,478	351,751	316,526	332,818	325,401	299,950	292,531	345,865	349,138	336,258	333,937	330,606	336,821	317,841	306,727	310,545	284,658	293,358	264,218
Quick ratio		0.57	0.49	0.42	0.47	0.45	0.51	0.49	0.47	0.50	0.53	0.50	0.56	0.57	0.49	0.70	0.78	0.76	0.71	0.67	0.73

December 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($164,560K + $—K + $—K) ÷ $288,093K
= 0.57

The quick ratio of MSA Safety shows a fluctuating trend over the periods presented. The ratio ranged from 0.42 to 0.78 during the timeframe, indicating the company's ability to meet its short-term obligations with its most liquid assets. A quick ratio below 1.0 suggests potential liquidity issues, as the company may have difficulty covering its current liabilities with its quick assets alone. It is important for investors and stakeholders to monitor MSA Safety's quick ratio over time to assess its liquidity position and ability to weather potential financial challenges.