PPG Industries Inc (PPG)

Cash ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash and cash equivalents US$ in thousands 2,163,000 1,270,000 1,493,000 1,099,000 1,005,000
Short-term investments US$ in thousands 56,000 88,000 75,000 55,000 67,000
Total current liabilities US$ in thousands 4,900,000 5,014,000 5,054,000 4,721,000 4,745,000
Cash ratio 0.45 0.27 0.31 0.24 0.23

December 31, 2025 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($2,163,000K + $56,000K) ÷ $4,900,000K
= 0.45