Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Ecolab Inc., liquidity ratios (quarterly data)
Based on: 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Ecolab Inc. current ratio deteriorated from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Ecolab Inc. quick ratio deteriorated from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Ecolab Inc. cash ratio deteriorated from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021. |
Current Ratio
Ecolab Inc., current ratio calculation (quarterly data)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||
| Current assets | 4,687,100) | 4,986,800) | 5,487,400) | 5,150,000) | 5,117,400) | 4,992,000) | 5,166,200) | 6,437,100) | 4,828,400) | 4,870,100) | 4,853,500) | 4,751,000) | 4,677,700) | 4,822,300) | 4,607,900) | 4,596,800) | 4,596,400) | 4,614,500) | 4,532,100) | 4,307,300) | ||||||
| Current liabilities | 3,553,200) | 2,894,500) | 2,880,300) | 2,852,200) | 2,932,200) | 3,106,400) | 3,227,700) | 4,257,400) | 3,630,600) | 3,919,500) | 4,127,700) | 4,156,000) | 3,685,600) | 3,589,800) | 3,623,800) | 3,982,800) | 3,431,800) | 3,756,600) | 4,318,400) | 4,205,300) | ||||||
| Liquidity Ratio | ||||||||||||||||||||||||||
| Current ratio1 | 1.32 | 1.72 | 1.91 | 1.81 | 1.75 | 1.61 | 1.60 | 1.51 | 1.33 | 1.24 | 1.18 | 1.14 | 1.27 | 1.34 | 1.27 | 1.15 | 1.34 | 1.23 | 1.05 | 1.02 | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||
| Linde plc | 0.74 | 0.81 | 0.71 | 0.74 | 0.80 | 0.83 | 0.80 | 0.74 | 0.85 | 0.90 | 1.02 | 1.35 | — | — | — | — | — | — | — | — | ||||||
| Sherwin-Williams Co. | 0.88 | 0.83 | 0.84 | 0.90 | 1.00 | 1.19 | 1.09 | 0.94 | 1.02 | 1.01 | 0.80 | 0.96 | — | — | — | — | — | — | — | — | ||||||
Based on: 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q4 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 4,687,100 ÷ 3,553,200 = 1.32
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. | Ecolab Inc. current ratio deteriorated from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021. |
Quick Ratio
Ecolab Inc., quick ratio calculation (quarterly data)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||
| Cash and cash equivalents | 359,900) | 897,900) | 1,402,400) | 1,189,500) | 1,260,200) | 1,034,700) | 1,369,000) | 1,661,900) | 186,400) | 135,900) | 85,700) | 79,000) | 114,700) | 203,600) | 54,200) | 175,500) | 211,400) | 209,100) | 260,700) | 212,100) | ||||||
| Accounts receivable, net | 2,478,400) | 2,384,100) | 2,331,000) | 2,272,000) | 2,273,800) | 2,320,700) | 2,255,500) | 2,855,900) | 2,796,500) | 2,722,500) | 2,747,100) | 2,691,600) | 2,662,500) | 2,652,700) | 2,635,400) | 2,574,300) | 2,574,100) | 2,533,200) | 2,446,800) | 2,358,000) | ||||||
| Total quick assets | 2,838,300) | 3,282,000) | 3,733,400) | 3,461,500) | 3,534,000) | 3,355,400) | 3,624,500) | 4,517,800) | 2,982,900) | 2,858,400) | 2,832,800) | 2,770,600) | 2,777,200) | 2,856,300) | 2,689,600) | 2,749,800) | 2,785,500) | 2,742,300) | 2,707,500) | 2,570,100) | ||||||
| Current liabilities | 3,553,200) | 2,894,500) | 2,880,300) | 2,852,200) | 2,932,200) | 3,106,400) | 3,227,700) | 4,257,400) | 3,630,600) | 3,919,500) | 4,127,700) | 4,156,000) | 3,685,600) | 3,589,800) | 3,623,800) | 3,982,800) | 3,431,800) | 3,756,600) | 4,318,400) | 4,205,300) | ||||||
| Liquidity Ratio | ||||||||||||||||||||||||||
| Quick ratio1 | 0.80 | 1.13 | 1.30 | 1.21 | 1.21 | 1.08 | 1.12 | 1.06 | 0.82 | 0.73 | 0.69 | 0.67 | 0.75 | 0.80 | 0.74 | 0.69 | 0.81 | 0.73 | 0.63 | 0.61 | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||
| Linde plc | 0.55 | 0.63 | 0.52 | 0.56 | 0.59 | 0.64 | 0.61 | 0.54 | 0.61 | 0.62 | 0.72 | 0.94 | — | — | — | — | — | — | — | — | ||||||
| Sherwin-Williams Co. | 0.44 | 0.45 | 0.45 | 0.48 | 0.50 | 0.71 | 0.60 | 0.48 | 0.50 | 0.55 | 0.44 | 0.49 | — | — | — | — | — | — | — | — | ||||||
Based on: 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q4 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 2,838,300 ÷ 3,553,200 = 0.80
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. | Ecolab Inc. quick ratio deteriorated from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021. |
Cash Ratio
Ecolab Inc., cash ratio calculation (quarterly data)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||
| Cash and cash equivalents | 359,900) | 897,900) | 1,402,400) | 1,189,500) | 1,260,200) | 1,034,700) | 1,369,000) | 1,661,900) | 186,400) | 135,900) | 85,700) | 79,000) | 114,700) | 203,600) | 54,200) | 175,500) | 211,400) | 209,100) | 260,700) | 212,100) | ||||||
| Total cash assets | 359,900) | 897,900) | 1,402,400) | 1,189,500) | 1,260,200) | 1,034,700) | 1,369,000) | 1,661,900) | 186,400) | 135,900) | 85,700) | 79,000) | 114,700) | 203,600) | 54,200) | 175,500) | 211,400) | 209,100) | 260,700) | 212,100) | ||||||
| Current liabilities | 3,553,200) | 2,894,500) | 2,880,300) | 2,852,200) | 2,932,200) | 3,106,400) | 3,227,700) | 4,257,400) | 3,630,600) | 3,919,500) | 4,127,700) | 4,156,000) | 3,685,600) | 3,589,800) | 3,623,800) | 3,982,800) | 3,431,800) | 3,756,600) | 4,318,400) | 4,205,300) | ||||||
| Liquidity Ratio | ||||||||||||||||||||||||||
| Cash ratio1 | 0.10 | 0.31 | 0.49 | 0.42 | 0.43 | 0.33 | 0.42 | 0.39 | 0.05 | 0.03 | 0.02 | 0.02 | 0.03 | 0.06 | 0.01 | 0.04 | 0.06 | 0.06 | 0.06 | 0.05 | ||||||
| Benchmarks | ||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||
| Linde plc | 0.21 | 0.32 | 0.21 | 0.27 | 0.27 | 0.35 | 0.33 | 0.26 | 0.22 | 0.19 | 0.26 | 0.52 | — | — | — | — | — | — | — | — | ||||||
| Sherwin-Williams Co. | 0.03 | 0.05 | 0.04 | 0.06 | 0.05 | 0.14 | 0.04 | 0.05 | 0.04 | 0.04 | 0.02 | 0.02 | — | — | — | — | — | — | — | — | ||||||
Based on: 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q4 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 359,900 ÷ 3,553,200 = 0.10
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. | Ecolab Inc. cash ratio deteriorated from Q2 2021 to Q3 2021 and from Q3 2021 to Q4 2021. |