Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
DuPont de Nemours Inc., liquidity ratios
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Current ratio | 1.20 | 2.01 | 1.91 | 1.88 | 2.18 | |
| Quick ratio | 0.64 | 1.25 | 1.20 | 1.24 | 1.46 | |
| Cash ratio | 0.18 | 0.55 | 0.55 | 0.52 | 0.76 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | DuPont de Nemours Inc. current ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | DuPont de Nemours Inc. quick ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | DuPont de Nemours Inc. cash ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
Current Ratio
DuPont de Nemours Inc., current ratio calculation, comparison to benchmarks
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current assets | 9,999) | 49,603) | 49,893) | 23,659) | 24,475) | |
| Current liabilities | 8,346) | 24,715) | 26,128) | 12,604) | 11,215) | |
| Liquidity Ratio | ||||||
| Current ratio1 | 1.20 | 2.01 | 1.91 | 1.88 | 2.18 | |
| Benchmarks | ||||||
| Current Ratio, Competitors2 | ||||||
| Linde plc | 0.85 | — | — | — | — | |
| Sherwin-Williams Co. | 1.02 | — | — | — | — | |
| Current Ratio, Sector | ||||||
| Chemicals | 0.90 | — | — | — | — | |
| Current Ratio, Industry | ||||||
| Materials | 1.15 | — | — | — | — | |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Current ratio = Current assets ÷ Current liabilities
= 9,999 ÷ 8,346 = 1.20
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | DuPont de Nemours Inc. current ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
Quick Ratio
DuPont de Nemours Inc., quick ratio calculation, comparison to benchmarks
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and cash equivalents | 1,540) | 13,482) | 13,438) | 6,607) | 8,577) | |
| Marketable securities | —) | 134) | 956) | —) | —) | |
| Accounts and notes receivable, trade | 3,007) | 12,376) | 11,314) | 4,666) | 4,078) | |
| Accounts and notes receivable, other | 795) | 4,963) | 5,579) | 4,358) | 3,768) | |
| Total quick assets | 5,342) | 30,955) | 31,287) | 15,631) | 16,423) | |
| Current liabilities | 8,346) | 24,715) | 26,128) | 12,604) | 11,215) | |
| Liquidity Ratio | ||||||
| Quick ratio1 | 0.64 | 1.25 | 1.20 | 1.24 | 1.46 | |
| Benchmarks | ||||||
| Quick Ratio, Competitors2 | ||||||
| Linde plc | 0.61 | — | — | — | — | |
| Sherwin-Williams Co. | 0.50 | — | — | — | — | |
| Quick Ratio, Sector | ||||||
| Chemicals | 0.58 | — | — | — | — | |
| Quick Ratio, Industry | ||||||
| Materials | 0.64 | — | — | — | — | |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 5,342 ÷ 8,346 = 0.64
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | DuPont de Nemours Inc. quick ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |
Cash Ratio
DuPont de Nemours Inc., cash ratio calculation, comparison to benchmarks
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and cash equivalents | 1,540) | 13,482) | 13,438) | 6,607) | 8,577) | |
| Marketable securities | —) | 134) | 956) | —) | —) | |
| Total cash assets | 1,540) | 13,616) | 14,394) | 6,607) | 8,577) | |
| Current liabilities | 8,346) | 24,715) | 26,128) | 12,604) | 11,215) | |
| Liquidity Ratio | ||||||
| Cash ratio1 | 0.18 | 0.55 | 0.55 | 0.52 | 0.76 | |
| Benchmarks | ||||||
| Cash Ratio, Competitors2 | ||||||
| Linde plc | 0.22 | — | — | — | — | |
| Sherwin-Williams Co. | 0.04 | — | — | — | — | |
| Cash Ratio, Sector | ||||||
| Chemicals | 0.17 | — | — | — | — | |
| Cash Ratio, Industry | ||||||
| Materials | 0.25 | — | — | — | — | |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,540 ÷ 8,346 = 0.18
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | DuPont de Nemours Inc. cash ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019. |