Universal Corporation (UVV)
Cash ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 260,115 | 215,108 | 80,118 | 101,700 | 55,593 | 74,102 | 99,683 | 80,518 | 64,690 | 71,283 | 58,855 | 86,566 | 81,648 | 99,305 | 100,682 | 84,688 | 197,221 | 95,405 | 57,084 | 100,015 |
| Short-term investments | US$ in thousands | — | — | — | -7,854 | — | — | — | — | — | — | — | 4,345 | — | — | 84,517 | 85,064 | 84,218 | 85,610 | 82,628 | — |
| Total current liabilities | US$ in thousands | 750,161 | 819,315 | 849,422 | 846,056 | 711,358 | 624,874 | 701,145 | 717,872 | 441,987 | 598,227 | 798,447 | 742,012 | 518,724 | 547,785 | 399,409 | 353,168 | 293,157 | 346,346 | 408,164 | 265,600 |
| Cash ratio | 0.35 | 0.26 | 0.09 | 0.11 | 0.08 | 0.12 | 0.14 | 0.11 | 0.15 | 0.12 | 0.07 | 0.12 | 0.16 | 0.18 | 0.46 | 0.48 | 0.96 | 0.52 | 0.34 | 0.38 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($260,115K
+ $—K)
÷ $750,161K
= 0.35
The cash ratio of Universal Corporation, which measures its ability to cover short-term obligations with its cash and cash equivalents, has shown some fluctuations over the past few quarters. As of March 31, 2025, the cash ratio stood at 0.35, indicating that Universal Corporation had $0.35 in cash and cash equivalents for every $1 of current liabilities.
The trend in the cash ratio over the periods analyzed reveals some variability, with the ratio fluctuating between 0.07 and 0.96. During this period, the cash ratio peaked at 0.96 on March 31, 2021, suggesting a strong ability to meet short-term obligations with available cash. However, the cash ratio experienced a decline thereafter, reaching a low of 0.07 on September 30, 2022, before gradually improving.
Overall, Universal Corporation may need to closely monitor its cash position to ensure it maintains a healthy level of liquidity to meet its short-term financial obligations effectively. Further analysis of the company's cash management practices and strategies may be necessary to understand the reasons behind the fluctuations in the cash ratio and to establish appropriate cash reserve levels for sustainable financial health.
Peer comparison
Mar 31, 2025