Stock Analysis on Net

Generac Holdings Inc. (NYSE:GNRC)

This company has been moved to the archive! The financial data has not been updated since August 8, 2022.

Analysis of Liquidity Ratios 
Quarterly Data

Microsoft Excel

Liquidity Ratios (Summary)

Generac Holdings Inc., liquidity ratios (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 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
Current ratio 2.13 1.70 1.60 1.89 2.02 2.62 2.60 2.66 2.66 2.50 2.41 2.39 2.19 2.06 2.00 1.88 1.94 2.10 2.10 1.77 2.25 2.15
Quick ratio 0.99 0.65 0.60 0.92 1.04 1.65 1.61 1.64 1.48 1.28 1.29 1.24 0.94 0.86 0.98 0.93 0.88 0.99 1.08 0.98 1.00 0.89
Cash ratio 0.40 0.16 0.13 0.42 0.47 1.05 1.02 0.92 0.82 0.64 0.65 0.45 0.23 0.31 0.40 0.31 0.23 0.35 0.36 0.28 0.22 0.18

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 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. Generac Holdings Inc. current ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
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 Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Generac Holdings Inc. cash ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Current Ratio

Generac Holdings Inc., current ratio calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 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 2,491,311 2,125,401 1,848,464 1,923,572 1,692,533 1,857,607 1,669,733 1,480,336 1,297,106 1,208,721 1,195,829 1,137,431 1,051,710 1,062,795 1,120,769 1,039,957 930,436 866,845 818,556 810,149 697,780 680,694
Current liabilities 1,172,176 1,253,158 1,155,907 1,018,014 836,249 710,265 641,524 556,258 486,720 483,016 497,064 476,016 480,363 515,979 560,706 553,113 480,049 412,637 388,872 458,743 310,322 315,900
Liquidity Ratio
Current ratio1 2.13 1.70 1.60 1.89 2.02 2.62 2.60 2.66 2.66 2.50 2.41 2.39 2.19 2.06 2.00 1.88 1.94 2.10 2.10 1.77 2.25 2.15
Benchmarks
Current Ratio, Competitors2
Boeing Co. 1.25 1.30 1.33 1.36 1.35 1.33 1.39 1.42 1.41 1.17 1.05 1.11 1.03 1.07
Caterpillar Inc. 1.45 1.44 1.46 1.61 1.56 1.60 1.53 1.54 1.50 1.42 1.47 1.44 1.43 1.43
Eaton Corp. plc 0.97 0.99 1.04 1.27 1.10 1.51 1.56 1.49 1.50 1.75 1.70 1.72 1.83 1.47
GE Aerospace 1.13 1.19 1.28 1.80 1.81 1.96 1.58 1.27 1.22 1.14 0.99 1.07 1.11 1.13
Honeywell International Inc. 1.20 1.21 1.30 1.29 1.41 1.43 1.47 1.64 1.63 1.30 1.34 1.31 1.19 1.24
Lockheed Martin Corp. 1.27 1.27 1.42 1.42 1.36 1.38 1.39 1.33 1.31 1.23 1.22 1.28 1.20 1.17
RTX Corp. 1.10 1.16 1.19 1.23 1.17 1.17 1.21 1.22 1.20 1.23 1.08 1.06 1.05 1.13

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 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 Q2 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 2,491,311 ÷ 1,172,176 = 2.13

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 Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Quick Ratio

Generac Holdings Inc., quick ratio calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 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 467,140 206,023 147,339 423,726 390,086 744,814 655,128 513,944 396,734 307,456 322,883 216,038 110,367 161,266 224,482 174,001 111,714 146,162 138,472 128,780 67,071 57,494
Accounts receivable, less allowance for credit losses 692,291 609,870 546,466 510,670 480,889 428,702 374,906 398,240 322,937 312,013 319,538 373,591 341,535 284,612 326,133 341,758 311,668 262,170 280,002 320,626 243,285 223,031
Total quick assets 1,159,431 815,893 693,805 934,396 870,975 1,173,516 1,030,034 912,184 719,671 619,469 642,421 589,629 451,902 445,878 550,615 515,759 423,382 408,332 418,474 449,406 310,356 280,525
 
Current liabilities 1,172,176 1,253,158 1,155,907 1,018,014 836,249 710,265 641,524 556,258 486,720 483,016 497,064 476,016 480,363 515,979 560,706 553,113 480,049 412,637 388,872 458,743 310,322 315,900
Liquidity Ratio
Quick ratio1 0.99 0.65 0.60 0.92 1.04 1.65 1.61 1.64 1.48 1.28 1.29 1.24 0.94 0.86 0.98 0.93 0.88 0.99 1.08 0.98 1.00 0.89
Benchmarks
Quick Ratio, Competitors2
Boeing Co. 0.28 0.29 0.34 0.38 0.38 0.37 0.41 0.42 0.47 0.30 0.23 0.28 0.25 0.26
Caterpillar Inc. 0.81 0.84 0.89 1.00 1.02 1.08 1.02 1.01 0.98 0.91 0.98 0.93 0.94 0.91
Eaton Corp. plc 0.50 0.51 0.54 0.69 0.44 0.66 0.68 0.63 0.57 0.68 0.78 0.99 1.07 0.82
GE Aerospace 0.75 0.82 0.93 0.90 0.90 1.06 1.27 1.01 0.97 0.91 0.69 0.65 0.71 0.73
Honeywell International Inc. 0.82 0.84 0.94 0.96 1.06 1.08 1.15 1.27 1.26 0.93 0.99 1.00 0.87 0.92
Lockheed Martin Corp. 1.03 1.03 1.15 1.18 1.10 1.09 1.05 1.08 1.04 0.96 0.93 1.03 0.93 0.93
RTX Corp. 0.71 0.76 0.81 0.82 0.79 0.79 0.78 0.84 0.75 0.81 0.73 0.71 0.70 0.75

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 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 Q2 2022 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 1,159,431 ÷ 1,172,176 = 0.99

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 Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Cash Ratio

Generac Holdings Inc., cash ratio calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 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 467,140 206,023 147,339 423,726 390,086 744,814 655,128 513,944 396,734 307,456 322,883 216,038 110,367 161,266 224,482 174,001 111,714 146,162 138,472 128,780 67,071 57,494
Total cash assets 467,140 206,023 147,339 423,726 390,086 744,814 655,128 513,944 396,734 307,456 322,883 216,038 110,367 161,266 224,482 174,001 111,714 146,162 138,472 128,780 67,071 57,494
 
Current liabilities 1,172,176 1,253,158 1,155,907 1,018,014 836,249 710,265 641,524 556,258 486,720 483,016 497,064 476,016 480,363 515,979 560,706 553,113 480,049 412,637 388,872 458,743 310,322 315,900
Liquidity Ratio
Cash ratio1 0.40 0.16 0.13 0.42 0.47 1.05 1.02 0.92 0.82 0.64 0.65 0.45 0.23 0.31 0.40 0.31 0.23 0.35 0.36 0.28 0.22 0.18
Benchmarks
Cash Ratio, Competitors2
Boeing Co. 0.14 0.15 0.20 0.23 0.24 0.24 0.29 0.29 0.35 0.16 0.10 0.12 0.10 0.09
Caterpillar Inc. 0.21 0.22 0.31 0.36 0.39 0.43 0.36 0.37 0.35 0.27 0.31 0.29 0.27 0.26
Eaton Corp. plc 0.07 0.06 0.08 0.11 0.06 0.20 0.19 0.13 0.09 0.08 0.12 0.18 0.18 0.08
GE Aerospace 0.37 0.44 0.54 0.52 0.50 0.67 0.78 0.70 0.70 0.67 0.47 0.41 0.44 0.47
Honeywell International Inc. 0.43 0.49 0.59 0.60 0.68 0.71 0.79 0.87 0.87 0.51 0.58 0.62 0.50 0.55
Lockheed Martin Corp. 0.11 0.12 0.26 0.18 0.18 0.20 0.23 0.24 0.19 0.13 0.11 0.16 0.08 0.06
RTX Corp. 0.13 0.17 0.22 0.22 0.23 0.24 0.25 0.28 0.20 0.25 0.21 0.21 0.19 0.20

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 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 Q2 2022 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 467,140 ÷ 1,172,176 = 0.40

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 Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.