Travel + Leisure Co (TNL)
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 | 167,000 | 194,000 | 166,000 | 479,000 | 282,000 | 238,000 | 214,000 | 196,000 | 550,000 | 169,000 | 241,000 | 381,000 | 369,000 | 346,000 | 328,000 | 322,000 | 1,196,000 | 1,276,000 | 1,052,000 | 1,018,000 |
| Short-term investments | US$ in thousands | 18,000 | — | — | — | 19,000 | — | — | — | 18,000 | — | — | — | 21,000 | — | — | — | 26,000 | — | — | — |
| Total current liabilities | US$ in thousands | 524,000 | 1,284,000 | 1,291,000 | 1,315,000 | 1,168,000 | 1,324,000 | 1,319,000 | 1,286,000 | 1,136,000 | 1,311,000 | 1,402,000 | 1,385,000 | 1,159,000 | 1,407,000 | 1,446,000 | 1,420,000 | 715,000 | 1,491,000 | 971,000 | 1,509,000 |
| Cash ratio | 0.35 | 0.15 | 0.13 | 0.36 | 0.26 | 0.18 | 0.16 | 0.15 | 0.50 | 0.13 | 0.17 | 0.28 | 0.34 | 0.25 | 0.23 | 0.23 | 1.71 | 0.86 | 1.08 | 0.67 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($167,000K
+ $18,000K)
÷ $524,000K
= 0.35
The cash ratio is a financial metric that measures the ability of a company to cover its short-term liabilities with its available cash and cash equivalents. For Travel + Leisure Co, the cash ratio has fluctuated over the quarters from March 31, 2020, to December 31, 2024.
The data shows that the cash ratio ranged from a low of 0.13 on June 30, 2022, and September 30, 2024, to a high of 1.71 on December 31, 2020. Generally, a cash ratio below 1 indicates that the company may have difficulty meeting its short-term obligations with its current cash reserves alone.
Overall, analyzing the trend of Travel + Leisure Co's cash ratio over time could provide insights into the company's liquidity position and its ability to withstand unexpected financial challenges. It is essential for stakeholders to monitor the cash ratio to assess the company's financial health and short-term liquidity management.
Peer comparison
Dec 31, 2024