Treehouse Foods Inc (THS)
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 | 289,600 | 102,000 | 105,800 | 191,800 | 320,300 | 19,700 | 16,900 | 14,600 | 43,000 | 74,700 | 199,100 | 192,800 | 308,600 | 67,400 | 17,400 | 48,800 | 364,600 | 365,100 | 293,900 | 330,400 |
| Short-term investments | US$ in thousands | — | — | 13,600 | 17,500 | — | — | — | — | 27,200 | 25,800 | 1,000 | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 744,900 | 716,200 | 645,700 | 629,300 | 704,300 | 722,300 | 691,900 | 776,500 | 827,800 | 1,259,100 | 1,173,700 | 1,085,500 | 1,076,200 | 933,600 | 900,100 | 927,400 | 990,700 | 920,600 | 951,700 | 893,700 |
| Cash ratio | 0.39 | 0.14 | 0.18 | 0.33 | 0.45 | 0.03 | 0.02 | 0.02 | 0.08 | 0.08 | 0.17 | 0.18 | 0.29 | 0.07 | 0.02 | 0.05 | 0.37 | 0.40 | 0.31 | 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 past few years. The ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents.
From March 31, 2020, to December 31, 2021, the cash ratio ranged from 0.05 to 0.40, indicating some variability in the company's ability to meet its short-term obligations using its cash resources.
In the subsequent periods until September 30, 2022, the cash ratio decreased, hitting a low of 0.02. This suggests that the company may have had challenges in maintaining a sufficient level of cash relative to its short-term liabilities during this period.
From December 31, 2022, to December 31, 2024, the cash ratio improved significantly, reaching highs of 0.45 in December 31, 2023, before slightly decreasing to 0.39 in December 31, 2024. This upward trend indicates that Treehouse Foods Inc enhanced its ability to cover its short-term obligations with cash resources.
Overall, the cash ratio trend of Treehouse Foods Inc reflects some volatility but shows an improvement in recent periods, indicating a strengthened liquidity position and potentially better short-term financial stability.
Peer comparison
Dec 31, 2024