Vontier Corp (VNT)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 356,400 | 330,900 | 331,300 | 406,000 | 340,900 | 263,600 | 244,000 | 208,200 | 204,500 | 121,700 | 127,400 | 145,100 | 572,600 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | 21,300 | 67,100 | 135,100 | 215,100 | — |
| Total current liabilities | US$ in thousands | 909,200 | 818,200 | 766,600 | 865,100 | 955,300 | 867,700 | 846,200 | 883,100 | 929,900 | 875,300 | 850,100 | 848,300 | 933,400 |
| Cash ratio | 0.39 | 0.40 | 0.43 | 0.47 | 0.36 | 0.30 | 0.29 | 0.24 | 0.24 | 0.22 | 0.31 | 0.42 | 0.61 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($356,400K
+ $—K)
÷ $909,200K
= 0.39
The cash ratio of Vontier Corp has shown fluctuations over the reporting periods provided. The cash ratio, which measures the company's ability to cover its current liabilities with its cash and cash equivalents, decreased from 0.61 as of December 31, 2021, to a low of 0.22 as of September 30, 2022. This signifies a potential decrease in the company's liquidity and ability to meet short-term obligations.
However, the cash ratio started to improve thereafter, reaching 0.47 as of March 31, 2024, before settling at 0.39 as of December 31, 2024. This upward trend indicates a better liquidity position for Vontier Corp towards the end of the reporting period.
Overall, it is essential for investors and stakeholders to monitor the cash ratio of Vontier Corp continuously to assess the company's short-term liquidity position and its ability to meet financial obligations as they come due.
Peer comparison
Dec 31, 2024