Trane Technologies plc (TT)

Quick ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash US$ in thousands 1,763,300 1,590,100 1,095,300 1,220,500 2,159,200
Short-term investments US$ in thousands — — — — —
Receivables US$ in thousands 3,235,300 3,090,200 3,415,200 2,780,100 2,429,400
Total current liabilities US$ in thousands 6,286,700 6,068,900 6,053,500 5,686,800 4,752,400
Quick ratio 0.80 0.77 0.75 0.70 0.97

December 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,763,300K + $—K + $3,235,300K) ÷ $6,286,700K
= 0.80

See also:

Trane Technologies plc Quick Ratio