Post Holdings Inc (POST)
Quick ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 787,400 | 93,300 | 586,500 | 664,500 | 1,187,900 |
| Short-term investments | US$ in thousands | — | 10,600 | 94,800 | 152,600 | 6,800 |
| Receivables | US$ in thousands | 582,900 | 512,400 | 544,200 | 452,400 | 441,600 |
| Total current liabilities | US$ in thousands | 944,900 | 805,300 | 823,800 | 1,049,200 | 974,400 |
| Quick ratio | 1.45 | 0.77 | 1.49 | 1.21 | 1.68 |
September 30, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($787,400K
+ $—K
+ $582,900K)
÷ $944,900K
= 1.45
The quick ratio of Post Holdings Inc has shown fluctuations over the past five years. In the most recent fiscal year ending on September 30, 2024, the quick ratio improved significantly to 1.45 compared to the previous year's ratio of 0.77. This indicates that the company's ability to meet its short-term obligations with its most liquid assets has strengthened.
Looking back at the trend, the quick ratio was also favorable in the fiscal year ending September 30, 2022, at 1.49. However, there was a slight decline in the quick ratio for the fiscal year ending September 30, 2023, to 1.21. Nonetheless, the quick ratio was relatively healthy back in September 30, 2020, standing at 1.68.
Overall, based on the quick ratio trend, Post Holdings Inc has shown varying levels of liquidity in recent years, with improvements seen in the most recent fiscal year. It is important for the company to consistently monitor and manage its liquidity position to ensure it can meet its short-term obligations efficiently.
Peer comparison
Sep 30, 2024