SJW Group Common Stock (SJW)

Quick 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	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	—	—
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
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
Quick 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

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

The quick ratio of SJW Group Common Stock has shown fluctuating trends over the past few years. Starting at 0.12 in March 2020, the ratio decreased to 0.06 by December 2020, indicating potential liquidity challenges. However, there was a significant improvement by December 2021, with the quick ratio jumping to 0.34, reflecting better short-term liquidity position. The ratio then decreased again to 0.03 by December 2023, signaling a potential liquidity strain. In the most recent period of December 2024, the quick ratio slightly improved to 0.04, but it still remains low, suggesting the company may have difficulty meeting its short-term obligations with its current liquid assets. Overall, stakeholders should closely monitor SJW Group Common Stock's quick ratio to assess its ability to meet immediate financial obligations efficiently.