TRI Pointe Homes Inc (TPH)

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	970,045	675,957	492,940	943,998	868,953	849,039	981,567	966,298	889,664	228,137	270,124	412,703	681,528	587,405	556,483	584,665	621,295	493,585	474,545	624,129
Short-term investments	US$ in thousands	—	—	—	—	—	—	—	—	129,837	132,998	131,399	122,366	118,095	—	—	—	—	—	—	—
Total current liabilities	US$ in thousands	68,228	216,281	339,150	344,770	518,364	564,420	503,904	493,819	505,358	229,703	254,417	260,589	550,867	535,755	267,118	250,554	446,430	426,211	160,014	658,804
Cash ratio		14.22	3.13	1.45	2.74	1.68	1.50	1.95	1.96	2.02	1.57	1.58	2.05	1.45	1.10	2.08	2.33	1.39	1.16	2.97	0.95

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($970,045K + $—K) ÷ $68,228K
= 14.22

The cash ratio of TRI Pointe Homes Inc has shown fluctuating trends over the period from March 31, 2020, to December 31, 2024. The cash ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates a stronger ability to cover short-term obligations.

TRI Pointe Homes Inc's cash ratio ranged from a low of 0.95 on March 31, 2020, to a high of 14.22 on December 31, 2024, showing significant variability in its liquidity position over time. The ratio improved notably in the later years, reaching its peak by the end of 2024.

Overall, the company's cash ratio reflects fluctuations in its cash position and short-term liquidity over the analyzed period. It is essential for stakeholders to closely monitor these fluctuations to assess the company's ability to meet its short-term obligations and manage its liquidity effectively.