Stock Analysis on Net

Emerson Electric Co. (NYSE:EMR)

This company has been moved to the archive! The financial data has not been updated since April 24, 2020.

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Emerson Electric Co., liquidity ratios

Microsoft Excel
Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016 Sep 30, 2015 Sep 30, 2014
Current ratio 1.19 1.07 1.64 1.24 1.29 1.29
Quick ratio 0.83 0.72 1.22 0.73 0.95 0.97
Cash ratio 0.25 0.18 0.61 0.40 0.39 0.37

Based on: 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Emerson Electric Co. current ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Emerson Electric Co. quick ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Emerson Electric Co. cash ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.

Current Ratio

Emerson Electric Co., current ratio calculation, comparison to benchmarks

Microsoft Excel
Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016 Sep 30, 2015 Sep 30, 2014
Selected Financial Data (US$ in millions)
Current assets 7,139 6,619 8,252 9,960 10,049 10,867
Current liabilities 5,976 6,164 5,045 8,008 7,800 8,454
Liquidity Ratio
Current ratio1 1.19 1.07 1.64 1.24 1.29 1.29
Benchmarks
Current Ratio, Competitors2
Boeing Co. 1.05
Caterpillar Inc. 1.47
Eaton Corp. plc 1.70
GE Aerospace 1.16
Honeywell International Inc. 1.34
Lockheed Martin Corp. 1.22
RTX Corp. 1.08
Current Ratio, Sector
Capital Goods 1.17
Current Ratio, Industry
Industrials 1.19

Based on: 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30).

1 2019 Calculation
Current ratio = Current assets ÷ Current liabilities
= 7,139 ÷ 5,976 = 1.19

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. Emerson Electric Co. current ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.

Quick Ratio

Emerson Electric Co., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016 Sep 30, 2015 Sep 30, 2014
Selected Financial Data (US$ in millions)
Cash and equivalents 1,494 1,093 3,062 3,182 3,054 3,149
Receivables, less allowances 2,985 3,344 3,072 2,701 4,319 5,019
Unbilled receivables (contract assets) 456
Total quick assets 4,935 4,437 6,134 5,883 7,373 8,168
 
Current liabilities 5,976 6,164 5,045 8,008 7,800 8,454
Liquidity Ratio
Quick ratio1 0.83 0.72 1.22 0.73 0.95 0.97
Benchmarks
Quick Ratio, Competitors2
Boeing Co. 0.23
Caterpillar Inc. 0.98
Eaton Corp. plc 0.78
GE Aerospace 0.86
Honeywell International Inc. 0.99
Lockheed Martin Corp. 0.93
RTX Corp. 0.73
Quick Ratio, Sector
Capital Goods 0.64
Quick Ratio, Industry
Industrials 0.71

Based on: 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30).

1 2019 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 4,935 ÷ 5,976 = 0.83

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. Emerson Electric Co. quick ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.

Cash Ratio

Emerson Electric Co., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016 Sep 30, 2015 Sep 30, 2014
Selected Financial Data (US$ in millions)
Cash and equivalents 1,494 1,093 3,062 3,182 3,054 3,149
Total cash assets 1,494 1,093 3,062 3,182 3,054 3,149
 
Current liabilities 5,976 6,164 5,045 8,008 7,800 8,454
Liquidity Ratio
Cash ratio1 0.25 0.18 0.61 0.40 0.39 0.37
Benchmarks
Cash Ratio, Competitors2
Boeing Co. 0.10
Caterpillar Inc. 0.31
Eaton Corp. plc 0.12
GE Aerospace 0.60
Honeywell International Inc. 0.58
Lockheed Martin Corp. 0.11
RTX Corp. 0.21
Cash Ratio, Sector
Capital Goods 0.31
Cash Ratio, Industry
Industrials 0.34

Based on: 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30).

1 2019 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,494 ÷ 5,976 = 0.25

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. Emerson Electric Co. cash ratio deteriorated from 2017 to 2018 but then slightly improved from 2018 to 2019.