Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Monsanto Co., liquidity ratios
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Monsanto Co. current ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Monsanto Co. quick ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Monsanto Co. cash ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017. |
Current Ratio
Monsanto Co., current ratio calculation, comparison to benchmarks
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Current assets | 8,651) | 8,157) | 10,625) | 9,675) | 10,077) | 9,658) | |
| Current liabilities | 6,398) | 6,729) | 5,177) | 5,112) | 4,336) | 4,221) | |
| Liquidity Ratio | |||||||
| Current ratio1 | 1.35 | 1.21 | 2.05 | 1.89 | 2.32 | 2.29 | |
| Benchmarks | |||||||
| Current Ratio, Competitors2 | |||||||
| lululemon athletica inc. | — | — | — | — | — | — | |
| Nike Inc. | — | — | — | — | — | — | |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Current ratio = Current assets ÷ Current liabilities
= 8,651 ÷ 6,398 = 1.35
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. | Monsanto Co. current ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017. |
Quick Ratio
Monsanto Co., quick ratio calculation, comparison to benchmarks
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Cash and cash equivalents | 1,856) | 1,676) | 3,701) | 2,367) | 3,668) | 3,283) | |
| Short-term investments | 8) | 60) | 47) | 40) | 254) | 302) | |
| Trade receivables, net | 2,161) | 1,926) | 1,636) | 2,014) | 1,715) | 1,897) | |
| Miscellaneous receivables | 827) | 755) | 803) | 817) | 748) | 620) | |
| Total quick assets | 4,852) | 4,417) | 6,187) | 5,238) | 6,385) | 6,102) | |
| Current liabilities | 6,398) | 6,729) | 5,177) | 5,112) | 4,336) | 4,221) | |
| Liquidity Ratio | |||||||
| Quick ratio1 | 0.76 | 0.66 | 1.20 | 1.02 | 1.47 | 1.45 | |
| Benchmarks | |||||||
| Quick Ratio, Competitors2 | |||||||
| lululemon athletica inc. | — | — | — | — | — | — | |
| Nike Inc. | — | — | — | — | — | — | |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 4,852 ÷ 6,398 = 0.76
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. | Monsanto Co. quick ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017. |
Cash Ratio
Monsanto Co., cash ratio calculation, comparison to benchmarks
| Aug 31, 2017 | Aug 31, 2016 | Aug 31, 2015 | Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Cash and cash equivalents | 1,856) | 1,676) | 3,701) | 2,367) | 3,668) | 3,283) | |
| Short-term investments | 8) | 60) | 47) | 40) | 254) | 302) | |
| Total cash assets | 1,864) | 1,736) | 3,748) | 2,407) | 3,922) | 3,585) | |
| Current liabilities | 6,398) | 6,729) | 5,177) | 5,112) | 4,336) | 4,221) | |
| Liquidity Ratio | |||||||
| Cash ratio1 | 0.29 | 0.26 | 0.72 | 0.47 | 0.90 | 0.85 | |
| Benchmarks | |||||||
| Cash Ratio, Competitors2 | |||||||
| lululemon athletica inc. | — | — | — | — | — | — | |
| Nike Inc. | — | — | — | — | — | — | |
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 2017 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,864 ÷ 6,398 = 0.29
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. | Monsanto Co. cash ratio deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017. |