Triumph Group Inc (TGI)
Cash ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | — | 133,487 | 104,893 | 152,604 | 392,511 | 162,899 | 169,885 | 146,318 | 227,403 | 116,409 | 104,450 | 134,636 | 240,878 | 206,139 | 194,122 | 237,486 | 589,882 | 477,276 | 440,211 | 30,909 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | — | 306,209 | 307,623 | 303,185 | 356,262 | 349,382 | 314,627 | 344,754 | 396,924 | 370,115 | 355,862 | 543,530 | 601,504 | 563,160 | 549,010 | 562,701 | 718,367 | 639,355 | 674,042 | 789,360 |
| Cash ratio | — | 0.44 | 0.34 | 0.50 | 1.10 | 0.47 | 0.54 | 0.42 | 0.57 | 0.31 | 0.29 | 0.25 | 0.40 | 0.37 | 0.35 | 0.42 | 0.82 | 0.75 | 0.65 | 0.04 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K
+ $—K)
÷ $—K
= —
The cash ratio of Triumph Group Inc has shown fluctuations over the past few years, indicating variability in the company's ability to cover its short-term obligations with cash and cash equivalents.
The cash ratio was at a low of 0.04 as of June 30, 2020, suggesting a lower level of cash reserves relative to current liabilities. However, the ratio significantly improved to 0.82 as of March 31, 2021, indicating a more favorable position in terms of liquidity.
Subsequently, the cash ratio fluctuated between 0.25 and 0.54 from June 30, 2021, to September 30, 2023, suggesting some instability in the company's liquidity position during this period.
As of March 31, 2024, the cash ratio rose significantly to 1.10, indicating a strong ability to cover short-term liabilities with cash on hand.
The ratio then decreased to 0.44 as of December 31, 2024, and no data is available for March 31, 2025. This downward trend may raise concerns about the company's liquidity position in the near term.
Overall, Triumph Group Inc's cash ratio has varied over the years, and investors and analysts may need to monitor this ratio closely to assess the company's liquidity risk and financial health.
Peer comparison
Mar 31, 2025