Stanley Black & Decker Inc (SWK)
Quick 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 | 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 | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($290,500K
+ $—K
+ $—K)
÷ $4,916,900K
= 0.06
The quick ratio of Stanley Black & Decker Inc, which measures the company's ability to meet its short-term obligations with its most liquid assets, has varied over the given time period.
As of December 31, 2020, the quick ratio was 0.30, indicating that the company had $0.30 in liquid assets available for every $1 of current liabilities. This signaled a strong liquidity position at that time. However, the quick ratio declined steadily in the following quarters, reaching its lowest point of 0.02 by December 31, 2021.
Although there was a slight improvement in the quick ratio to 0.08 by June 30, 2021, the ratio remained relatively low compared to previous periods. Subsequently, the quick ratio fluctuated in a narrow range between 0.05 and 0.08 until December 31, 2023.
By the end of the period on December 31, 2024, the quick ratio stood at 0.06, showcasing a modest improvement compared to earlier quarters. Overall, the trend in the quick ratio indicates fluctuations in the company's ability to cover its short-term obligations with its readily available liquid assets during the analyzed period.
Peer comparison
Dec 31, 2024