Xylem Inc (XYL)
Cash ratio
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,121,000 | 989,000 | 947,000 | 1,019,000 | 705,000 | 708,000 | 837,000 | 944,000 | 1,186,000 | 1,113,000 | 1,117,000 | 1,349,000 | 1,255,000 | 1,840,000 | 1,688,000 | 1,875,000 | 1,402,000 | 1,577,000 | 739,000 | 724,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 200,000 | — | — | 0 |
| Total current liabilities | US$ in thousands | 2,336,000 | 2,052,000 | 2,331,000 | 2,205,000 | 2,120,000 | 2,282,000 | 1,494,000 | 1,590,000 | 1,929,000 | 1,951,000 | 1,920,000 | 1,391,000 | 1,314,000 | 1,959,000 | 1,844,000 | 1,956,000 | 1,280,000 | 1,373,000 | 1,584,000 | 1,501,000 |
| Cash ratio | 0.48 | 0.48 | 0.41 | 0.46 | 0.33 | 0.31 | 0.56 | 0.59 | 0.61 | 0.57 | 0.58 | 0.97 | 0.96 | 0.94 | 0.92 | 0.96 | 1.25 | 1.15 | 0.47 | 0.48 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,121,000K
+ $—K)
÷ $2,336,000K
= 0.48
The cash ratio of Xylem Inc has shown variability over the years based on the provided data. The cash ratio measures the company's ability to cover its short-term liabilities with its available cash and cash equivalents.
From December 31, 2019, to June 30, 2020, the cash ratio increased significantly from 0.48 to 1.15, indicating a strong ability to meet short-term obligations with cash on hand. This positive trend continued through September 30, 2020, reaching a high of 1.25.
However, from December 31, 2020, to March 31, 2021, the cash ratio decreased to 0.92, reflecting a slight weakening of the company's liquidity position. This downward trend persisted through June 30, 2021.
From September 30, 2021, to June 30, 2023, the cash ratio hovered in the range of 0.31 to 0.97, indicating some fluctuations in the company's ability to cover its short-term liabilities with cash. The lowest point was observed on June 30, 2023, at 0.31.
From September 30, 2023, to December 31, 2024, there was some recovery in the cash ratio, ending at 0.48, similar to the level observed on September 30, 2024.
Overall, the cash ratio of Xylem Inc has shown variability, with periods of improvement and decline in its liquidity position over the years covered in the provided data. It is important for investors and stakeholders to monitor this ratio to assess the company's ability to meet its short-term obligations with available cash resources.
Peer comparison
Dec 31, 2024