Treehouse Foods Inc (THS)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 289,600 | 320,300 | 43,000 | 308,600 | 364,600 |
| Short-term investments | US$ in thousands | — | — | 27,200 | — | — |
| Total current liabilities | US$ in thousands | 744,900 | 704,300 | 827,800 | 1,076,200 | 990,700 |
| Cash ratio | 0.39 | 0.45 | 0.08 | 0.29 | 0.37 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($289,600K
+ $—K)
÷ $744,900K
= 0.39
The cash ratio of Treehouse Foods Inc has shown fluctuations over the years based on the provided data.
- As of December 31, 2020, the cash ratio was 0.37, indicating that the company had $0.37 in cash and cash equivalents for every $1 of current liabilities.
- By December 31, 2021, the cash ratio decreased to 0.29, suggesting a lower liquidity position compared to the previous year.
- Subsequently, by December 31, 2022, the cash ratio dropped significantly to 0.08, signaling a potential liquidity challenge or a higher reliance on non-cash assets to meet short-term obligations.
- The cash ratio improved by December 31, 2023, reaching 0.45, indicating a better liquidity position and a higher ability to cover current liabilities with available cash.
- Lastly, by December 31, 2024, the cash ratio was reported at 0.39, reflecting a relatively stable liquidity position compared to the previous year.
In summary, the cash ratio of Treehouse Foods Inc has shown variability over the years, with fluctuations that may signal changes in the company's liquidity and ability to meet short-term obligations with available cash resources. It is essential for stakeholders to monitor these fluctuations to assess the company's financial health and risk management strategies.
Peer comparison
Dec 31, 2024