GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Babcock & Wilcox Enterprises Inc (NYSE:BW) » Definitions » Cash Ratio

BW (Babcock & Wilcox Enterprises) Cash Ratio : 0.10 (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Babcock & Wilcox Enterprises Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Babcock & Wilcox Enterprises's Cash Ratio for the quarter that ended in Sep. 2024 was 0.10.

Babcock & Wilcox Enterprises has a Cash Ratio of 0.10. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Babcock & Wilcox Enterprises's Cash Ratio or its related term are showing as below:

BW' s Cash Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.15   Max: 0.89
Current: 0.1

During the past 12 years, Babcock & Wilcox Enterprises's highest Cash Ratio was 0.89. The lowest was 0.04. And the median was 0.15.

BW's Cash Ratio is ranked worse than
88.25% of 2971 companies
in the Industrial Products industry
Industry Median: 0.52 vs BW: 0.10

Babcock & Wilcox Enterprises Cash Ratio Historical Data

The historical data trend for Babcock & Wilcox Enterprises's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Babcock & Wilcox Enterprises Cash Ratio Chart

Babcock & Wilcox Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.21 0.89 0.21 0.19

Babcock & Wilcox Enterprises Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.19 0.13 0.29 0.10

Competitive Comparison of Babcock & Wilcox Enterprises's Cash Ratio

For the Specialty Industrial Machinery subindustry, Babcock & Wilcox Enterprises's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Babcock & Wilcox Enterprises's Cash Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Babcock & Wilcox Enterprises's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Babcock & Wilcox Enterprises's Cash Ratio falls into.



Babcock & Wilcox Enterprises Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Babcock & Wilcox Enterprises's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=65.304/350.197
=0.19

Babcock & Wilcox Enterprises's Cash Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash Ratio (Q: Sep. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=30.629/297.928
=0.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Babcock & Wilcox Enterprises  (NYSE:BW) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Babcock & Wilcox Enterprises Cash Ratio Related Terms

Thank you for viewing the detailed overview of Babcock & Wilcox Enterprises's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Babcock & Wilcox Enterprises Business Description

Traded in Other Exchanges
Address
1200 East Market Street, Suite 650, Akron, OH, USA, 44305
Babcock & Wilcox Enterprises Inc is a power generation equipment supplier and servicing company that operates in three segments: B&W Renewable, B&W Environmental, and B&W Thermal. B&W Thermal, focuses on steam generation products and solutions for plants in the power generation, oil, and gas, and industrial sectors, generates the majority of the company's revenue. B&W Renewable focuses on sustainable power and heat generation while B&W Environmental focuses on emissions control. The company's customer base spans the industrial, electrical utility, and municipal industries located predominantly in the United States, Canada, Denmark, the United Kingdom, and other regions. Business in the U.S. contributes the vast majority of its revenue.
Executives
John J Dziewisz officer: SVP & Corp. Secy. 1200 E. MARKET STREET, SUITE 650, SUITE 650, AKRON OH 44305
Philip D Moeller director 2306 CHAIN BRIDGE ROAD, NW, WASHINGTON DC 20016
Louis Jr Salamone officer: Chief Financial Officer 7925 JONES BRANCH DRIVE, MCLEAN VA 22102
Kenneth M Young officer: Chief Executive Officer C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Joseph A Tato director 580 INDIAN HARBOR ROAD, VERO BEACH FL 32963
Henry E Bartoli director, officer: Chief Strategy Officer 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Christopher S Riker officer: Senior Vice President 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Joseph T Buckler officer: Senior Vice President 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Jimmy B Morgan officer: SVP, Babcock & Wilcox 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Rebecca L Stahl director 2106 SOUTH BAY LANE, RESTON VA 20191
Brf Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Brc Partners Opportunity Fund, Lp 10 percent owner 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
Vintage Capital Management Llc 10 percent owner 4705 S APOPKA VINELAND ROAD SUITE 210, ORLANDO FL 32819