Sealed Air Corporation (SEE)
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 | 371,800 | 386,000 | 388,600 | 352,800 | 346,100 | 281,300 | 285,100 | 303,100 | 456,100 | 248,800 | 281,200 | 278,200 | 561,000 | 393,700 | 273,100 | 370,000 | 548,700 | 316,800 | 289,700 | 274,600 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,635,500 | 1,592,900 | 1,574,100 | 1,502,800 | 1,509,000 | 1,719,900 | 1,850,000 | 1,732,800 | 2,081,800 | 1,877,000 | 1,505,400 | 1,482,900 | 2,007,300 | 1,925,400 | 1,405,900 | 1,326,400 | 1,367,400 | 1,313,200 | 1,354,700 | 1,367,800 |
| Cash ratio | 0.23 | 0.24 | 0.25 | 0.23 | 0.23 | 0.16 | 0.15 | 0.17 | 0.22 | 0.13 | 0.19 | 0.19 | 0.28 | 0.20 | 0.19 | 0.28 | 0.40 | 0.24 | 0.21 | 0.20 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($371,800K
+ $—K)
÷ $1,635,500K
= 0.23
The cash ratio of Sealed Air Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.20 on March 31, 2020, increased to 0.40 by December 31, 2020, indicating a significant improvement in the company's ability to cover its current liabilities with its cash and cash equivalents.
However, the ratio then experienced some volatility, dropping to 0.19 by June 30, 2021, and reaching its lowest point of 0.13 on September 30, 2022. This downward trend suggests potential challenges in the company's liquidity position during that period.
Subsequently, the cash ratio showed some recovery, reaching 0.25 by June 30, 2024. Overall, the cash ratio fluctuated within a range of 0.13 to 0.40 during the analyzed period, indicating variability in Sealed Air Corporation's ability to meet its short-term obligations with its available cash resources.
Peer comparison
Dec 31, 2024