SJW Group Common Stock (SJW)

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	11,114	3,967	22,804	4,542	9,723	21,067	25,474	23,333	12,344	13,190	12,049	17,487	10,908	14,019	25,442	11,406	5,269	20,211	23,317	28,273
Short-term investments	US$ in thousands	—	1,255	—	—	—	—	—	—	—	14,438	15,011	15,866	57,632	15,289	15,163	14,367	14,367	13,629	—	—
Total current liabilities	US$ in thousands	261,173	244,049	350,133	323,260	342,974	308,116	237,954	212,965	264,650	318,710	277,829	217,853	203,271	267,285	274,431	289,735	350,795	305,398	257,966	238,404
Cash ratio		0.04	0.02	0.07	0.01	0.03	0.07	0.11	0.11	0.05	0.09	0.10	0.15	0.34	0.11	0.15	0.09	0.06	0.11	0.09	0.12

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($11,114K + $—K) ÷ $261,173K
= 0.04

The cash ratio of SJW Group Common Stock has exhibited fluctuations over the reported periods, ranging from 0.01 to 0.34. The ratio measures the company's ability to cover its short-term obligations with its available cash and cash equivalents. A higher cash ratio indicates a more solid financial position in terms of liquidity.

Key highlights include:
- The ratio was relatively stable in the range of 0.09 to 0.15 from March 2020 to June 2022.
- There was a notable increase in the cash ratio to 0.34 by December 2021, reflecting a significant buildup of cash reserves compared to the previous periods.
- However, by March 2024, the cash ratio dropped to 0.01, signaling potentially reduced liquidity levels compared to the peak in December 2021.

Overall, the cash ratio of SJW Group Common Stock demonstrates varying levels of liquidity over the reported periods, with fluctuations that may suggest changing requirements for short-term cash needs. Investors and stakeholders should monitor this ratio closely to assess the company's ability to meet immediate financial obligations.