Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
---|---|---|---|---|---|---|
Current ratio | 1.60 | 2.60 | 2.41 | 2.00 | 2.10 | |
Quick ratio | 0.60 | 1.61 | 1.29 | 0.98 | 1.08 | |
Cash ratio | 0.13 | 1.02 | 0.65 | 0.40 | 0.36 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Generac Holdings Inc. current ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |
Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Generac Holdings Inc. quick ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |
Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Generac Holdings Inc. cash ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |
Current Ratio
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | ||||||
Current assets | 1,848,464) | 1,669,733) | 1,195,829) | 1,120,769) | 818,556) | |
Current liabilities | 1,155,907) | 641,524) | 497,064) | 560,706) | 388,872) | |
Liquidity Ratio | ||||||
Current ratio1 | 1.60 | 2.60 | 2.41 | 2.00 | 2.10 | |
Benchmarks | ||||||
Current Ratio, Competitors2 | ||||||
Boeing Co. | 1.33 | 1.39 | 1.05 | — | — | |
Caterpillar Inc. | 1.46 | 1.53 | 1.47 | — | — | |
Eaton Corp. plc | 1.04 | 1.56 | 1.70 | — | — | |
GE Aerospace | 1.28 | 1.58 | 1.16 | — | — | |
Honeywell International Inc. | 1.30 | 1.47 | 1.34 | — | — | |
Lockheed Martin Corp. | 1.42 | 1.39 | 1.22 | — | — | |
RTX Corp. | 1.19 | 1.21 | 1.08 | — | — | |
Current Ratio, Sector | ||||||
Capital Goods | 1.31 | 1.43 | 1.17 | — | — | |
Current Ratio, Industry | ||||||
Industrials | 1.30 | 1.42 | 1.19 | — | — |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 1,848,464 ÷ 1,155,907 = 1.60
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. | Generac Holdings Inc. current ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |
Quick Ratio
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | ||||||
Cash and cash equivalents | 147,339) | 655,128) | 322,883) | 224,482) | 138,472) | |
Accounts receivable, less allowance for credit losses | 546,466) | 374,906) | 319,538) | 326,133) | 280,002) | |
Total quick assets | 693,805) | 1,030,034) | 642,421) | 550,615) | 418,474) | |
Current liabilities | 1,155,907) | 641,524) | 497,064) | 560,706) | 388,872) | |
Liquidity Ratio | ||||||
Quick ratio1 | 0.60 | 1.61 | 1.29 | 0.98 | 1.08 | |
Benchmarks | ||||||
Quick Ratio, Competitors2 | ||||||
Boeing Co. | 0.34 | 0.41 | 0.23 | — | — | |
Caterpillar Inc. | 0.89 | 1.02 | 0.98 | — | — | |
Eaton Corp. plc | 0.54 | 0.68 | 0.78 | — | — | |
GE Aerospace | 0.93 | 1.27 | 0.86 | — | — | |
Honeywell International Inc. | 0.94 | 1.15 | 0.99 | — | — | |
Lockheed Martin Corp. | 1.15 | 1.05 | 0.93 | — | — | |
RTX Corp. | 0.81 | 0.78 | 0.73 | — | — | |
Quick Ratio, Sector | ||||||
Capital Goods | 0.71 | 0.83 | 0.64 | — | — | |
Quick Ratio, Industry | ||||||
Industrials | 0.78 | 0.87 | 0.71 | — | — |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 693,805 ÷ 1,155,907 = 0.60
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. | Generac Holdings Inc. quick ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |
Cash Ratio
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | ||||||
Cash and cash equivalents | 147,339) | 655,128) | 322,883) | 224,482) | 138,472) | |
Total cash assets | 147,339) | 655,128) | 322,883) | 224,482) | 138,472) | |
Current liabilities | 1,155,907) | 641,524) | 497,064) | 560,706) | 388,872) | |
Liquidity Ratio | ||||||
Cash ratio1 | 0.13 | 1.02 | 0.65 | 0.40 | 0.36 | |
Benchmarks | ||||||
Cash Ratio, Competitors2 | ||||||
Boeing Co. | 0.20 | 0.29 | 0.10 | — | — | |
Caterpillar Inc. | 0.31 | 0.36 | 0.31 | — | — | |
Eaton Corp. plc | 0.08 | 0.19 | 0.12 | — | — | |
GE Aerospace | 0.54 | 0.78 | 0.60 | — | — | |
Honeywell International Inc. | 0.59 | 0.79 | 0.58 | — | — | |
Lockheed Martin Corp. | 0.26 | 0.23 | 0.11 | — | — | |
RTX Corp. | 0.22 | 0.25 | 0.21 | — | — | |
Cash Ratio, Sector | ||||||
Capital Goods | 0.32 | 0.44 | 0.31 | — | — | |
Cash Ratio, Industry | ||||||
Industrials | 0.35 | 0.45 | 0.34 | — | — |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
1 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 147,339 ÷ 1,155,907 = 0.13
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. | Generac Holdings Inc. cash ratio improved from 2019 to 2020 but then deteriorated significantly from 2020 to 2021. |