Sensata Technologies Holding NV (ST)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 593,670 | 508,104 | 1,225,520 | 1,708,960 | 1,861,980 |
| Short-term investments | US$ in thousands | — | -0 | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 711,358 | 823,718 | 1,178,970 | 836,259 | 745,157 |
| Quick ratio | 0.83 | 0.62 | 1.04 | 2.04 | 2.50 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($593,670K
+ $—K
+ $—K)
÷ $711,358K
= 0.83
The quick ratio of Sensata Technologies Holding NV has shown a decreasing trend over the years. In December 31, 2020, the quick ratio was at a healthy level of 2.50, indicating that the company had a strong ability to cover its short-term liabilities with its most liquid assets. However, by December 31, 2024, the quick ratio had decreased to 0.83, which may raise concerns about the company's ability to meet its short-term obligations using only its quick assets. It is important for investors and stakeholders to closely monitor this trend and consider the company's overall liquidity position and financial health.
Peer comparison
Dec 31, 2024