Silgan Holdings Inc (SLGN)
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 | 822,900 | 368,507 | 302,795 | 308,641 | 642,923 | 307,100 | 236,600 | 501,100 | 585,600 | 243,600 | 247,800 | 259,600 | 631,400 | 270,600 | 164,800 | 190,100 | 409,500 | 193,800 | 191,100 | 614,800 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 1,531,000 | 2,305,760 | 2,396,000 | 2,289,480 | 2,311,860 | 1,017,700 | 1,068,200 | 1,059,300 | 1,357,800 | 1,090,100 | 1,241,300 | 1,177,800 | 1,488,200 | 1,106,800 | 1,074,200 | 960,000 | 1,163,500 | 957,800 | 971,700 | 789,200 |
| Cash ratio | 0.54 | 0.16 | 0.13 | 0.13 | 0.28 | 0.30 | 0.22 | 0.47 | 0.43 | 0.22 | 0.20 | 0.22 | 0.42 | 0.24 | 0.15 | 0.20 | 0.35 | 0.20 | 0.20 | 0.78 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($822,900K
+ $—K)
÷ $1,531,000K
= 0.54
The cash ratio for Silgan Holdings Inc has shown fluctuations over the past few years. The company's cash ratio ranged from a low of 0.13 in March and June 2024 to a high of 0.54 in December 2024. This indicates that Silgan Holdings Inc had varying levels of cash relative to its current liabilities during this period. A higher cash ratio generally signifies better short-term liquidity and the ability to cover immediate obligations using cash on hand. On the other hand, a lower cash ratio may suggest potential cash flow challenges or a reliance on other sources of liquidity such as short-term borrowings or credit lines. It would be prudent for investors and stakeholders to monitor Silgan Holdings Inc's cash position and liquidity management strategies closely to assess its financial health and ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024