Silgan Holdings Inc (SLGN)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 822,854 | 642,923 | 585,600 | 631,400 | 409,500 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 2,247,530 | 2,311,860 | 1,357,800 | 1,488,200 | 1,163,500 |
| Cash ratio | 0.37 | 0.28 | 0.43 | 0.42 | 0.35 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($822,854K
+ $—K)
÷ $2,247,530K
= 0.37
The cash ratio of Silgan Holdings Inc has displayed a fluctuating trend over the past five years. Starting at 0.35 in December 2020, the ratio increased steadily to reach 0.43 by December 2022. However, there was a notable decline in the cash ratio to 0.28 by December 2023, indicating a potential liquidity strain during that period. The ratio showed a recovery in the subsequent year, rising to 0.37 by December 2024. Overall, while the cash ratio has shown some variability, it appears that Silgan Holdings Inc has maintained a relatively stable level of cash to cover its short-term liabilities over the period under consideration.
Peer comparison
Dec 31, 2024