Regal Beloit Corporation (RRX)
Cash 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 and cash equivalents | US$ in thousands | 393,500 | 458,600 | 510,400 | 465,300 | 574,000 | 540,600 | 659,600 | 1,143,300 | 688,500 | 723,600 | 702,500 | 624,700 | 672,800 | 328,600 | 618,500 | 566,400 | 611,300 | 487,500 | 432,200 | 604,500 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,215,700 | 1,208,600 | 1,226,900 | 1,248,500 | 1,326,400 | 1,305,400 | 1,381,100 | 1,405,800 | 1,002,200 | 1,052,800 | 1,120,800 | 1,056,600 | 1,095,300 | 768,900 | 938,800 | 871,000 | 822,000 | 830,800 | 578,400 | 580,300 |
| Cash ratio | 0.32 | 0.38 | 0.42 | 0.37 | 0.43 | 0.41 | 0.48 | 0.81 | 0.69 | 0.69 | 0.63 | 0.59 | 0.61 | 0.43 | 0.66 | 0.65 | 0.74 | 0.59 | 0.75 | 1.04 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($393,500K
+ $—K)
÷ $1,215,700K
= 0.32
The cash ratio of Regal Beloit Corporation has been fluctuating over the past few years, ranging from a high of 1.04 in March 2020 to a low of 0.32 in December 2024. The cash ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates a stronger ability to cover short-term obligations, while a lower ratio may signal potential liquidity issues.
Based on the data provided, the cash ratio has displayed some volatility, with some periods showing relatively strong cash positions (above 0.6) and others indicating lower cash holdings. It is important for investors and analysts to monitor the cash ratio over time to assess the company's liquidity position and financial health, as a consistent downward trend in the cash ratio could be a cause for concern.
Peer comparison
Dec 31, 2024