Stanley Black & Decker Inc (SWK)
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 | 290,500 | 298,700 | 320,700 | 478,100 | 454,600 | 347,800 | 391,400 | 387,600 | 395,600 | 408,700 | 282,300 | 165,800 | 142,300 | 292,700 | 440,400 | 949,200 | 1,381,000 | 683,000 | 859,800 | 987,100 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | 1,200 | — | — | 300 | — | — | — | — |
| Total current liabilities | US$ in thousands | 4,916,900 | 5,292,300 | 5,342,800 | 6,829,400 | 5,883,200 | 5,663,300 | 6,139,600 | 6,239,300 | 6,560,100 | 7,607,000 | 11,760,700 | 10,955,000 | 8,760,500 | 5,580,800 | 5,402,500 | 4,578,400 | 4,558,300 | 4,221,800 | 4,578,300 | 5,370,300 |
| Cash ratio | 0.06 | 0.06 | 0.06 | 0.07 | 0.08 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.02 | 0.02 | 0.02 | 0.05 | 0.08 | 0.21 | 0.30 | 0.16 | 0.19 | 0.18 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($290,500K
+ $—K)
÷ $4,916,900K
= 0.06
The cash ratio of Stanley Black & Decker Inc has fluctuated over the reported period. The cash ratio, which measures the company's ability to cover its short-term liabilities with its cash and cash equivalents, was at 0.18 as of March 31, 2020, indicating that for every dollar of current liabilities, the company had $0.18 in cash and cash equivalents.
The ratio increased to 0.30 by December 31, 2020, showing a significant improvement in the company's liquidity position. However, from June 30, 2021, to December 31, 2024, the cash ratio declined gradually, reaching its lowest point of 0.02 as of March 31, 2022, and remained at this level for the subsequent quarters until September 30, 2022.
There was a slight improvement in the cash ratio to 0.05 by September 30, 2022, but it dropped again to 0.02 by December 31, 2022. From there, the cash ratio showed a gradual increase, reaching 0.08 by December 31, 2023, and remained relatively stable around 0.06 to 0.08 from March 31, 2024, to December 31, 2024.
Overall, the cash ratio of Stanley Black & Decker Inc experienced fluctuations during the period, indicating varying levels of liquidity and the company's ability to meet its short-term obligations with its cash reserves. Investors and stakeholders should monitor these trends to assess the company's financial health and risk exposure.
Peer comparison
Dec 31, 2024