Smurfit WestRock plc (SW)
Quick ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Dec 31, 2022 | Jun 30, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 855,000 | 951,000 | 25 | 0 | 890,000 | — | 615,000 | 777,000 | — | — |
| Short-term investments | US$ in thousands | — | 99,598 | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 7,333,000 | 7,126,000 | 11 | — | 2,694,000 | — | 2,678,000 | 3,027,000 | — | — |
| Quick ratio | 0.12 | 0.15 | 2.27 | — | 0.33 | — | 0.23 | 0.26 | — | — |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($855,000K
+ $—K
+ $—K)
÷ $7,333,000K
= 0.12
The quick ratio of Smurfit WestRock plc experienced fluctuations over the period under consideration. It was not calculable for December 31, 2021, and June 30, 2022. By December 31, 2022, the quick ratio was 0.26, indicating that the company had $0.26 in liquid assets available to cover each $1 of current liabilities. The ratio decreased to 0.23 by June 30, 2023, suggesting a slight reduction in the company's ability to meet short-term obligations with its quick assets.
Following another period of indeterminacy for September 30, 2023, the quick ratio improved to 0.33 by December 31, 2023, indicating the company's enhanced liquidity position. However, the ratio was not calculable again for March 31, 2024. By June 30, 2024, the quick ratio showed a significant increase to 2.27, which may be attributed to various factors like increased cash reserves or reduced current liabilities.
Subsequently, the quick ratio dropped to 0.15 by September 30, 2024, indicating a potential decline in the company's ability to cover short-term liabilities with quick assets. By December 31, 2024, the quick ratio further decreased to 0.12, signaling a continued decrease in liquidity. Overall, the trend of the quick ratio suggests fluctuations in the company's short-term liquidity position during the period analyzed.
Peer comparison
Dec 31, 2024