Mueller Water Products (MWA)

Cash ratio

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Cash and cash equivalents US$ in thousands 431,500 431,500 329,200 338,200 309,900 243,300 179,200 216,700 160,300 141,200 89,200 125,600 146,500 154,900 164,100 207,300 227,500 228,600 228,200 220,800
Short-term investments US$ in thousands — — — — — — — 64,300 — — — — — — — — — — — —
Total current liabilities US$ in thousands 290,300 290,300 235,300 220,300 258,000 212,400 212,300 221,600 218,800 199,900 191,300 213,600 241,000 202,300 201,500 199,300 220,100 188,900 160,200 136,300
Cash ratio 1.49 1.49 1.40 1.54 1.20 1.15 0.84 1.27 0.73 0.71 0.47 0.59 0.61 0.77 0.81 1.04 1.03 1.21 1.42 1.62

September 30, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($431,500K + $—K) ÷ $290,300K
= 1.49