Treehouse Foods Inc (THS)
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 | 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 | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($289,600K
+ $—K
+ $—K)
÷ $744,900K
= 0.39
The quick ratio of Treehouse Foods Inc has displayed fluctuations over the reporting periods provided. The quick ratio, which measures the company's ability to meet its short-term obligations with its most liquid assets, ranged from as low as 0.02 to as high as 0.45.
It is noteworthy that the quick ratio dropped significantly in the first quarter of 2021, reaching a low of 0.02, indicating potential challenges in meeting short-term obligations with liquid assets during that period. However, the ratio gradually improved in subsequent quarters, showing some volatility but ultimately stabilizing around 0.3 towards the end of the data provided.
A quick ratio below 1.0 may suggest that the company could potentially struggle to meet its current liabilities with its quick assets alone. Therefore, Treehouse Foods Inc may need to carefully manage its liquidity position to ensure it can meet its short-term financial obligations effectively.
Peer comparison
Dec 31, 2024