Molson Coors Brewing Co Class B (TAP)
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 | 969,300 | 1,021,700 | 1,647,300 | 458,400 | 868,900 | 801,700 | 960,900 | 328,200 | 600,000 | 525,200 | 442,100 | 358,700 | 637,400 | 616,300 | 1,308,900 | 532,700 | 770,100 | 731,300 | 780,800 | 666,100 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 3,045,200 | 3,248,200 | 4,236,300 | 3,863,000 | 4,092,600 | 4,237,700 | 3,829,900 | 3,306,200 | 3,375,400 | 3,591,200 | 3,514,300 | 3,555,300 | 3,622,200 | 3,779,800 | 4,891,900 | 3,596,300 | 3,909,600 | 4,310,500 | 3,805,700 | 4,003,400 |
| Quick ratio | 0.32 | 0.31 | 0.39 | 0.12 | 0.21 | 0.19 | 0.25 | 0.10 | 0.18 | 0.15 | 0.13 | 0.10 | 0.18 | 0.16 | 0.27 | 0.15 | 0.20 | 0.17 | 0.21 | 0.17 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($969,300K
+ $—K
+ $—K)
÷ $3,045,200K
= 0.32
The quick ratio of Molson Coors Brewing Co Class B, which measures the company's ability to meet its short-term obligations with its most liquid assets excluding inventory, has shown fluctuations over the reported periods. The ratio ranged from a low of 0.10 to a high of 0.39.
Overall, the quick ratio has displayed some instability, indicating potential challenges in the company's liquidity management. It appears that the company's ability to cover its current liabilities with its quick assets has varied significantly, reflecting fluctuations in its short-term financial position.
A quick ratio below 1.0 suggests that Molson Coors Brewing Co Class B may have difficulty meeting its short-term obligations using only its liquid assets. It is essential for investors and stakeholders to monitor the company's quick ratio trends over time to assess its liquidity position accurately and evaluate its ability to weather potential financial difficulties.
Peer comparison
Dec 31, 2024