Whirlpool Corporation (WHR)
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 | 1,275,000 | 1,084,000 | 1,179,000 | 1,231,000 | 1,570,000 | 1,123,000 | 1,309,000 | 1,359,000 | 1,958,000 | 1,794,000 | 1,642,000 | 2,114,000 | 3,044,000 | 2,875,000 | 2,968,000 | 2,447,000 | 2,924,000 | 3,528,000 | 2,546,000 | 2,837,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | 42,000 | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 7,323,000 | 5,969,000 | 6,129,000 | 6,550,000 | 6,948,000 | 7,023,000 | 7,087,000 | 5,982,000 | 5,931,000 | 6,809,000 | 7,592,000 | 8,285,000 | 8,510,000 | 8,291,000 | 7,832,000 | 8,011,000 | 8,330,000 | 9,105,000 | 7,725,000 | 8,576,000 |
| Cash ratio | 0.17 | 0.18 | 0.19 | 0.19 | 0.23 | 0.16 | 0.18 | 0.23 | 0.34 | 0.26 | 0.22 | 0.26 | 0.36 | 0.35 | 0.38 | 0.31 | 0.35 | 0.39 | 0.33 | 0.33 |
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 been fluctuating over the years, ranging from 0.16 to 0.39. A cash ratio of 0.33 to 0.39 indicates that the company has sufficient cash to cover its short-term liabilities, providing a buffer against potential financial difficulties. However, the decreasing trend from 0.39 in September 2020 to 0.17 in December 2024 suggests that Whirlpool may be experiencing challenges in maintaining a strong cash position relative to its current liabilities. It is important for the company to closely monitor its cash management practices to ensure liquidity and financial stability in the future.
Peer comparison
Dec 31, 2024