Sensata Technologies Holding NV (ST)
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 | 593,670 | 506,215 | 1,033,050 | 460,359 | 508,104 | 889,703 | 857,312 | 1,034,130 | 1,225,520 | 1,103,920 | 1,558,580 | 1,608,480 | 1,708,960 | 1,958,140 | 1,861,770 | 1,893,930 | 1,861,980 | 1,610,190 | 1,242,950 | 802,971 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 711,358 | 806,882 | 1,521,460 | 793,969 | 823,718 | 872,673 | 880,898 | 1,109,470 | 1,178,970 | 905,974 | 887,129 | 840,045 | 836,259 | 829,820 | 836,932 | 773,521 | 745,157 | 626,415 | 926,559 | 621,061 |
| Cash ratio | 0.83 | 0.63 | 0.68 | 0.58 | 0.62 | 1.02 | 0.97 | 0.93 | 1.04 | 1.22 | 1.76 | 1.91 | 2.04 | 2.36 | 2.22 | 2.45 | 2.50 | 2.57 | 1.34 | 1.29 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($593,670K
+ $—K)
÷ $711,358K
= 0.83
The cash ratio of Sensata Technologies Holding NV has shown some fluctuations over the past few years, indicating changes in its liquidity position.
From March 31, 2020, to September 30, 2021, the cash ratio steadily increased from 1.29 to 2.36, indicating an improvement in the company's ability to cover its short-term liabilities with cash and cash equivalents. This trend suggests a stronger liquidity position during this period.
However, from December 31, 2021, to December 31, 2024, the cash ratio declined from 2.04 to 0.83. This downward trend may indicate a decrease in the company's ability to meet its short-term obligations solely with its available cash resources. Lower cash ratios could potentially signal increased liquidity risk or a need to access other sources of funding to meet immediate financial needs.
The cash ratio reaching its lowest point at 0.62 on December 31, 2023, and then slightly recovering to 0.83 on December 31, 2024, may require further investigation into the company's cash management practices and working capital efficiency during this period.
Overall, monitoring the cash ratio of Sensata Technologies Holding NV over time can provide insights into its liquidity management and financial health, helping stakeholders assess the company's ability to weather short-term financial challenges.
Peer comparison
Dec 31, 2024