Prestige Brand Holdings Inc (PBH)

Cash ratio

		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	Sep 30, 2020	Jun 30, 2020
Cash and cash equivalents	US$ in thousands	97,884	50,874	51,540	34,256	46,469	63,615	60,067	54,580	58,489	86,358	42,442	35,869	27,185	21,018	42,818	163,624	32,302	62,103	26,603	57,941
Short-term investments	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	US$ in thousands	106,623	102,545	106,906	114,115	117,048	127,437	129,704	147,271	160,715	160,176	152,308	155,349	143,422	135,127	148,940	125,046	122,138	126,163	136,120	131,929
Cash ratio		0.92	0.50	0.48	0.30	0.40	0.50	0.46	0.37	0.36	0.54	0.28	0.23	0.19	0.16	0.29	1.31	0.26	0.49	0.20	0.44

March 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($97,884K + $—K) ÷ $106,623K
= 0.92

The cash ratio of Prestige Brand Holdings Inc has shown fluctuations over the period analyzed. The cash ratio measures a company's ability to cover its short-term debt obligations with its available cash and cash equivalents.

From June 30, 2020, to June 30, 2021, the cash ratio experienced significant changes, reaching a peak of 1.31 in June 30, 2021, indicating that the company had more than enough cash on hand to cover its short-term liabilities at that point.

After June 30, 2021, the cash ratio decreased and showed volatility, dropping to as low as 0.16 by December 31, 2021. This suggests that the company's ability to cover its short-term debt obligations with available cash weakened during this period.

From March 31, 2022, to March 31, 2025, the cash ratio fluctuated within a range of 0.19 to 0.92. These fluctuations indicate that Prestige Brand Holdings Inc's cash position varied over time but generally stayed within a moderate level of liquidity.

Overall, the cash ratio analysis reflects the company's ability to meet short-term obligations with cash. Investors and stakeholders should monitor these trends to assess the company's liquidity position and financial health.