Valmont Industries Inc (VMI)
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 | 164,315 | 200,477 | 163,142 | 169,195 | 203,041 | 172,566 | 166,907 | 172,948 | 185,406 | 166,221 | 154,579 | 149,700 | 177,232 | 169,795 | 199,285 | 391,458 | 400,726 | 443,055 | 353,348 | 294,645 |
| Short-term investments | US$ in thousands | — | — | — | — | 26,803 | 25,334 | 29,388 | — | 25,008 | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 811,425 | 770,049 | 705,034 | 674,834 | 723,102 | 724,582 | 749,194 | 781,349 | 803,993 | 868,191 | 830,759 | 818,687 | 765,856 | 750,979 | 747,222 | 679,309 | 673,303 | 623,919 | 604,825 | 561,211 |
| Cash ratio | 0.20 | 0.26 | 0.23 | 0.25 | 0.32 | 0.27 | 0.26 | 0.22 | 0.26 | 0.19 | 0.19 | 0.18 | 0.23 | 0.23 | 0.27 | 0.58 | 0.60 | 0.71 | 0.58 | 0.53 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($164,315K
+ $—K)
÷ $811,425K
= 0.20
The cash ratio of Valmont Industries Inc has shown some fluctuations over the period from March 31, 2020 to December 31, 2024. The ratio indicates the company's ability to cover its short-term obligations with its cash and cash equivalents.
The trend of the cash ratio demonstrates some variations, starting at 0.53 on March 31, 2020 and reaching its peak at 0.71 on September 30, 2020. After that, the ratio decreased to 0.18 on March 31, 2022 before gradually increasing again.
Overall, the cash ratio has generally been hovering around 0.20 to 0.32 in recent periods, indicating the company may have sufficient cash reserves to cover its short-term liabilities. However, the lower ratios observed in June 30, 2021, September 30, 2021, June 30, 2022, and December 31, 2024 suggest there may have been periods where the company had lower cash reserves in proportion to its short-term obligations.
Further analysis of the company's cash management practices and liquidity position would provide more insights into the fluctuations observed in the cash ratio over the period.
Peer comparison
Dec 31, 2024