WESCO International Inc (WCC)

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 702,600 706,800 716,500 984,100 524,100 631,400 529,000 349,100 527,348 234,083 236,792 201,474 212,583 251,799 287,891 303,887 449,135 352,249 265,222 342,560
Short-term investments US$ in thousands
Total current liabilities US$ in thousands 3,804,000 3,928,500 3,748,300 4,035,900 3,388,400 3,653,600 3,581,700 3,538,900 3,817,350 3,567,570 3,592,830 3,262,130 3,049,810 3,138,100 3,301,960 2,726,010 2,986,460 2,540,940 2,301,730 1,040,500
Cash ratio 0.18 0.18 0.19 0.24 0.15 0.17 0.15 0.10 0.14 0.07 0.07 0.06 0.07 0.08 0.09 0.11 0.15 0.14 0.12 0.33

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($702,600K + $—K) ÷ $3,804,000K
= 0.18

The cash ratio of WESCO International Inc has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The cash ratio represents the company's ability to cover its short-term liabilities with its cash and cash equivalents.

The cash ratio started at 0.33 on March 31, 2020, showing that the company had $0.33 in cash and cash equivalents for every dollar of current liabilities. It then decreased to 0.12 on June 30, 2020, indicating a decline in its liquidity position.

Subsequently, the cash ratio showed some improvement, reaching 0.15 on December 31, 2020. However, there was a decrease to 0.11 on March 31, 2021, which was followed by a downward trend to 0.07 on December 31, 2021.

From March 31, 2022, to December 31, 2024, the cash ratio fluctuated within the range of 0.06 to 0.24, showing some variability in the company's ability to cover its short-term liabilities with its cash reserves. Overall, the cash ratio trend indicates changes in the company's liquidity position over the analyzed period.


Peer comparison

Dec 31, 2024

Company name
Symbol
Cash ratio
WESCO International Inc
WCC
0.18
Enersys
ENS
0.46