Stock Analysis on Net

Estée Lauder Cos. Inc. (NYSE:EL)

This company has been moved to the archive! The financial data has not been updated since August 18, 2023.

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity ratios measure the company ability to meet its short-term obligations.


Liquidity Ratios (Summary)

Estée Lauder Cos. Inc., liquidity ratios

Microsoft Excel
Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018
Current ratio 1.46 1.60 1.84 1.72 1.57 1.86
Quick ratio 0.88 0.96 1.26 1.20 1.05 1.27
Cash ratio 0.65 0.68 0.94 0.97 0.65 0.82

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Estée Lauder Cos. Inc. current ratio deteriorated from 2021 to 2022 and from 2022 to 2023.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Estée Lauder Cos. Inc. quick ratio deteriorated from 2021 to 2022 and from 2022 to 2023.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Estée Lauder Cos. Inc. cash ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Current Ratio

Estée Lauder Cos. Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018
Selected Financial Data (US$ in millions)
Current assets 9,139 9,298 9,768 8,892 7,212 6,168
Current liabilities 6,240 5,815 5,298 5,179 4,605 3,310
Liquidity Ratio
Current ratio1 1.46 1.60 1.84 1.72 1.57 1.86
Benchmarks
Current Ratio, Competitors2
Procter & Gamble Co. 0.63 0.65 0.70 0.85 0.75
Current Ratio, Industry
Consumer Staples 0.85 0.89 0.93 0.93 0.84

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

1 2023 Calculation
Current ratio = Current assets ÷ Current liabilities
= 9,139 ÷ 6,240 = 1.46

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. Estée Lauder Cos. Inc. current ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Quick Ratio

Estée Lauder Cos. Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018
Selected Financial Data (US$ in millions)
Cash and cash equivalents 4,029 3,957 4,958 5,022 2,987 2,181
Short-term investments 534
Accounts receivable, net 1,452 1,629 1,702 1,194 1,831 1,487
Total quick assets 5,481 5,586 6,660 6,216 4,818 4,202
 
Current liabilities 6,240 5,815 5,298 5,179 4,605 3,310
Liquidity Ratio
Quick ratio1 0.88 0.96 1.26 1.20 1.05 1.27
Benchmarks
Quick Ratio, Competitors2
Procter & Gamble Co. 0.38 0.37 0.45 0.62 0.51
Quick Ratio, Industry
Consumer Staples 0.36 0.38 0.42 0.46 0.38

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

1 2023 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 5,481 ÷ 6,240 = 0.88

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. Estée Lauder Cos. Inc. quick ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Cash Ratio

Estée Lauder Cos. Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018
Selected Financial Data (US$ in millions)
Cash and cash equivalents 4,029 3,957 4,958 5,022 2,987 2,181
Short-term investments 534
Total cash assets 4,029 3,957 4,958 5,022 2,987 2,715
 
Current liabilities 6,240 5,815 5,298 5,179 4,605 3,310
Liquidity Ratio
Cash ratio1 0.65 0.68 0.94 0.97 0.65 0.82
Benchmarks
Cash Ratio, Competitors2
Procter & Gamble Co. 0.23 0.22 0.31 0.49 0.34
Cash Ratio, Industry
Consumer Staples 0.23 0.24 0.30 0.34 0.25

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

1 2023 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 4,029 ÷ 6,240 = 0.65

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. Estée Lauder Cos. Inc. cash ratio deteriorated from 2021 to 2022 and from 2022 to 2023.