Whirlpool Corporation (WHR)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,275,000 | 1,570,000 | 1,958,000 | 3,044,000 | 2,924,000 |
| Short-term investments | US$ in thousands | — | — | 42,000 | — | — |
| Total current liabilities | US$ in thousands | 7,323,000 | 6,948,000 | 5,931,000 | 8,510,000 | 8,330,000 |
| Cash ratio | 0.17 | 0.23 | 0.34 | 0.36 | 0.35 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,275,000K
+ $—K)
÷ $7,323,000K
= 0.17
The cash ratio of Whirlpool Corporation has shown a general decreasing trend over the years, starting at 0.35 on December 31, 2020, and declining to 0.17 on December 31, 2024. This indicates that the company's ability to cover its current liabilities solely from its cash and cash equivalents has weakened over the period. A decreasing trend in the cash ratio could signal potential liquidity challenges and may require closer monitoring to ensure the company can meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024