Xylem Inc (XYL)
Quick 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 | 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 |
| Receivables | US$ in thousands | 1,668,000 | 1,707,000 | 1,641,000 | 1,617,000 | 1,653,000 | 1,659,000 | 1,123,000 | 1,096,000 | 1,018,000 | 1,024,000 | 1,011,000 | 953,000 | 973,000 | 975,000 | 952,000 | 923,000 | 968,000 | 956,000 | 975,000 | 1,036,000 |
| 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 |
| Quick ratio | 1.19 | 1.31 | 1.11 | 1.20 | 1.11 | 1.04 | 1.31 | 1.28 | 1.14 | 1.10 | 1.11 | 1.65 | 1.70 | 1.44 | 1.43 | 1.43 | 2.01 | 1.84 | 1.08 | 1.17 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,121,000K
+ $—K
+ $1,668,000K)
÷ $2,336,000K
= 1.19
The quick ratio of Xylem Inc has been relatively stable over the years, indicating the company's ability to meet its short-term obligations with its most liquid assets.
From December 2019 to December 2024, the quick ratio ranged from 1.04 to 2.01, with the highest ratio observed in September 2020 and the lowest in June 2023.
Overall, Xylem Inc maintained a healthy quick ratio above 1 throughout the period, suggesting the company's strong liquidity position and its ability to cover its current liabilities with its quick assets. However, there were fluctuations in the quick ratio over the years, which may reflect changes in the company's operating and financial conditions. Additional analysis of the underlying components contributing to the quick ratio would provide more insights into the company's liquidity management.
Peer comparison
Dec 31, 2024