Smurfit WestRock plc (SW)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | — | 983,806 | 777,000 | 869,000 | 891,000 |
| Short-term investments | US$ in thousands | — | 29,000 | — | -131,000 | — |
| Total current liabilities | US$ in thousands | — | 2,977,950 | 3,027,000 | 2,827,000 | 2,230,000 |
| Cash ratio | — | 0.34 | 0.26 | 0.26 | 0.40 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K
+ $—K)
÷ $—K
= —
The cash ratio of Smurfit WestRock plc has shown some fluctuations over the years based on the provided data.
As of December 31, 2020, the cash ratio was 0.40, indicating that the company had $0.40 in cash and cash equivalents for every $1 of current liabilities. This suggests a relatively strong liquidity position at that time.
However, by December 31, 2021, the cash ratio had decreased to 0.26, which could be a signal of potential liquidity challenges or a shift in the company's cash management strategies.
The cash ratio remained at 0.26 as of December 31, 2022, indicating that the company might be maintaining a lower level of cash reserves compared to its short-term obligations.
By December 31, 2023, the cash ratio had improved to 0.34, which could signal a partial recovery in the company's liquidity position.
Unfortunately, the data is not available for December 31, 2024. Therefore, it is unclear how the cash ratio evolved beyond 2023.
In conclusion, while the cash ratio of Smurfit WestRock plc has fluctuated over the years, it is essential for investors and stakeholders to monitor these changes to assess the company's ability to meet its short-term financial obligations.
Peer comparison
Dec 31, 2024