Danaher Corp. (DHR)
Analysis of Liquidity Ratios
Quarterly Data
Beginner level
Liquidity ratios measure the company’s ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Danaher Corp., liquidity ratios (quarterly data)
Based on: 10-Q (filing date: 2019-10-24), 10-Q (filing date: 2019-07-18), 10-Q (filing date: 2019-04-18), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-18), 10-Q (filing date: 2018-07-19), 10-Q (filing date: 2018-04-19), 10-K (filing date: 2018-02-21), 10-Q (filing date: 2017-10-19), 10-Q (filing date: 2017-07-20), 10-Q (filing date: 2017-04-20), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-10-20), 10-Q (filing date: 2016-07-25), 10-Q (filing date: 2016-04-21), 10-K (filing date: 2016-02-24), 10-Q (filing date: 2015-10-22), 10-Q (filing date: 2015-07-23), 10-Q (filing date: 2015-04-23), 10-K (filing date: 2015-02-25), 10-Q (filing date: 2014-10-16), 10-Q (filing date: 2014-07-17), 10-Q (filing date: 2014-04-16).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Danaher Corp.’s current ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Danaher Corp.’s quick ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Danaher Corp.’s cash ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Current Ratio
Danaher Corp., current ratio calculation (quarterly data)
| Sep 27, 2019 | Jun 28, 2019 | Mar 29, 2019 | Dec 31, 2018 | Sep 28, 2018 | Jun 29, 2018 | Mar 30, 2018 | Dec 31, 2017 | Sep 29, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jul 1, 2016 | Apr 1, 2016 | Dec 31, 2015 | Oct 2, 2015 | Jul 3, 2015 | Apr 3, 2015 | Dec 31, 2014 | Sep 26, 2014 | Jun 27, 2014 | Mar 28, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||
| Current assets | 20,353,700 | 11,603,700 | 10,080,400 | 7,093,800 | 6,830,500 | 6,913,100 | 7,075,100 | 6,850,000 | 6,260,200 | 6,256,600 | 6,318,900 | 6,665,100 | 6,493,200 | 11,231,000 | 7,747,200 | 7,836,700 | 8,931,800 | 9,654,500 | 8,774,400 | 9,431,300 | 9,989,500 | 9,507,300 | 9,404,300 | |
| Current liabilities | 5,934,000 | 5,008,000 | 4,632,800 | 4,841,500 | 4,465,300 | 4,605,400 | 4,442,900 | 4,792,300 | 4,387,500 | 4,202,600 | 6,003,100 | 6,874,000 | 4,763,400 | 8,025,900 | 5,321,300 | 6,170,400 | 8,625,600 | 5,055,600 | 4,952,700 | 5,396,400 | 4,471,100 | 4,406,700 | 4,304,400 | |
| Liquidity Ratio | ||||||||||||||||||||||||
| Current ratio1 | 3.43 | 2.32 | 2.18 | 1.47 | 1.53 | 1.50 | 1.59 | 1.43 | 1.43 | 1.49 | 1.05 | 0.97 | 1.36 | 1.40 | 1.46 | 1.27 | 1.04 | 1.91 | 1.77 | 1.75 | 2.23 | 2.16 | 2.18 | |
| Benchmarks | ||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||
| 3M Co. | 2.30 | 1.93 | 2.02 | 1.89 | 1.97 | 1.56 | 1.65 | 1.86 | 2.07 | 2.22 | 1.99 | 1.89 | 1.90 | 1.58 | 1.51 | 1.54 | 1.65 | 2.64 | 2.46 | 1.96 | 1.65 | 1.87 | 1.71 | |
| General Electric Co. | 1.79 | 1.69 | 1.74 | 1.76 | 1.60 | 1.78 | 1.73 | 1.83 | 1.84 | 1.83 | 1.86 | 1.92 | 1.96 | 1.87 | 1.65 | 1.58 | 1.72 | 1.47 | 1.20 | 1.98 | 2.02 | 2.00 | 2.04 | |
| Honeywell International Inc. | 1.31 | 1.19 | 1.24 | 1.29 | 1.49 | 1.38 | 1.36 | 1.38 | 1.35 | 1.34 | 1.36 | 1.41 | 1.20 | 1.28 | 1.25 | 1.09 | 1.43 | 1.49 | 1.44 | 1.50 | 1.60 | 1.57 | 1.50 | |
Based on: 10-Q (filing date: 2019-10-24), 10-Q (filing date: 2019-07-18), 10-Q (filing date: 2019-04-18), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-18), 10-Q (filing date: 2018-07-19), 10-Q (filing date: 2018-04-19), 10-K (filing date: 2018-02-21), 10-Q (filing date: 2017-10-19), 10-Q (filing date: 2017-07-20), 10-Q (filing date: 2017-04-20), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-10-20), 10-Q (filing date: 2016-07-25), 10-Q (filing date: 2016-04-21), 10-K (filing date: 2016-02-24), 10-Q (filing date: 2015-10-22), 10-Q (filing date: 2015-07-23), 10-Q (filing date: 2015-04-23), 10-K (filing date: 2015-02-25), 10-Q (filing date: 2014-10-16), 10-Q (filing date: 2014-07-17), 10-Q (filing date: 2014-04-16).
1 Q3 2019 Calculation
Current ratio = Current assets ÷ Current liabilities
= 20,353,700 ÷ 5,934,000 = 3.43
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. | Danaher Corp.’s current ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Quick Ratio
Danaher Corp., quick ratio calculation (quarterly data)
| Sep 27, 2019 | Jun 28, 2019 | Mar 29, 2019 | Dec 31, 2018 | Sep 28, 2018 | Jun 29, 2018 | Mar 30, 2018 | Dec 31, 2017 | Sep 29, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jul 1, 2016 | Apr 1, 2016 | Dec 31, 2015 | Oct 2, 2015 | Jul 3, 2015 | Apr 3, 2015 | Dec 31, 2014 | Sep 26, 2014 | Jun 27, 2014 | Mar 28, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||
| Cash and equivalents | 14,252,100 | 5,433,600 | 3,910,000 | 787,800 | 776,200 | 904,000 | 1,045,700 | 630,300 | 648,600 | 726,400 | 803,900 | 963,700 | 971,400 | 4,097,600 | 664,300 | 790,800 | 1,833,500 | 3,342,000 | 2,511,000 | 3,005,600 | 4,025,300 | 3,321,100 | 3,346,500 | |
| Trade accounts receivable, net | 3,467,100 | 3,481,600 | 3,409,200 | 3,489,600 | 3,323,100 | 3,296,600 | 3,270,700 | 3,521,800 | 3,254,600 | 3,214,800 | 3,034,900 | 3,186,100 | 3,081,800 | 3,994,800 | 3,871,200 | 3,964,100 | 3,906,100 | 3,565,200 | 3,446,900 | 3,633,800 | 3,498,100 | 3,631,800 | 3,467,600 | |
| Total quick assets | 17,719,200 | 8,915,200 | 7,319,200 | 4,277,400 | 4,099,300 | 4,200,600 | 4,316,400 | 4,152,100 | 3,903,200 | 3,941,200 | 3,838,800 | 4,149,800 | 4,053,200 | 8,092,400 | 4,535,500 | 4,754,900 | 5,739,600 | 6,907,200 | 5,957,900 | 6,639,400 | 7,523,400 | 6,952,900 | 6,814,100 | |
| Current liabilities | 5,934,000 | 5,008,000 | 4,632,800 | 4,841,500 | 4,465,300 | 4,605,400 | 4,442,900 | 4,792,300 | 4,387,500 | 4,202,600 | 6,003,100 | 6,874,000 | 4,763,400 | 8,025,900 | 5,321,300 | 6,170,400 | 8,625,600 | 5,055,600 | 4,952,700 | 5,396,400 | 4,471,100 | 4,406,700 | 4,304,400 | |
| Liquidity Ratio | ||||||||||||||||||||||||
| Quick ratio1 | 2.99 | 1.78 | 1.58 | 0.88 | 0.92 | 0.91 | 0.97 | 0.87 | 0.89 | 0.94 | 0.64 | 0.60 | 0.85 | 1.01 | 0.85 | 0.77 | 0.67 | 1.37 | 1.20 | 1.23 | 1.68 | 1.58 | 1.58 | |
| Benchmarks | ||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||
| 3M Co. | 1.63 | 1.15 | 1.21 | 1.14 | 1.21 | 0.96 | 1.04 | 1.18 | 1.30 | 1.35 | 1.17 | 1.14 | 1.16 | 0.90 | 0.84 | 0.85 | 0.91 | 1.58 | 1.42 | 1.13 | 0.96 | 1.10 | 0.99 | |
| General Electric Co. | 1.56 | 1.42 | 1.47 | 1.48 | 1.31 | 1.48 | 1.45 | 1.55 | 1.52 | 1.55 | 1.57 | 1.64 | 1.68 | 1.58 | 1.42 | 1.37 | 1.59 | 1.36 | 1.11 | 1.90 | 1.92 | 1.91 | 1.95 | |
| Honeywell International Inc. | 1.00 | 0.87 | 0.92 | 0.97 | 1.13 | 1.02 | 1.02 | 1.04 | 1.03 | 1.02 | 1.03 | 1.07 | 0.83 | 0.87 | 0.82 | 0.74 | 0.89 | 0.91 | 0.95 | 1.01 | 1.06 | 1.04 | 1.03 | |
Based on: 10-Q (filing date: 2019-10-24), 10-Q (filing date: 2019-07-18), 10-Q (filing date: 2019-04-18), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-18), 10-Q (filing date: 2018-07-19), 10-Q (filing date: 2018-04-19), 10-K (filing date: 2018-02-21), 10-Q (filing date: 2017-10-19), 10-Q (filing date: 2017-07-20), 10-Q (filing date: 2017-04-20), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-10-20), 10-Q (filing date: 2016-07-25), 10-Q (filing date: 2016-04-21), 10-K (filing date: 2016-02-24), 10-Q (filing date: 2015-10-22), 10-Q (filing date: 2015-07-23), 10-Q (filing date: 2015-04-23), 10-K (filing date: 2015-02-25), 10-Q (filing date: 2014-10-16), 10-Q (filing date: 2014-07-17), 10-Q (filing date: 2014-04-16).
1 Q3 2019 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 17,719,200 ÷ 5,934,000 = 2.99
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. | Danaher Corp.’s quick ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |
Cash Ratio
Danaher Corp., cash ratio calculation (quarterly data)
| Sep 27, 2019 | Jun 28, 2019 | Mar 29, 2019 | Dec 31, 2018 | Sep 28, 2018 | Jun 29, 2018 | Mar 30, 2018 | Dec 31, 2017 | Sep 29, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jul 1, 2016 | Apr 1, 2016 | Dec 31, 2015 | Oct 2, 2015 | Jul 3, 2015 | Apr 3, 2015 | Dec 31, 2014 | Sep 26, 2014 | Jun 27, 2014 | Mar 28, 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||
| Cash and equivalents | 14,252,100 | 5,433,600 | 3,910,000 | 787,800 | 776,200 | 904,000 | 1,045,700 | 630,300 | 648,600 | 726,400 | 803,900 | 963,700 | 971,400 | 4,097,600 | 664,300 | 790,800 | 1,833,500 | 3,342,000 | 2,511,000 | 3,005,600 | 4,025,300 | 3,321,100 | 3,346,500 | |
| Total cash assets | 14,252,100 | 5,433,600 | 3,910,000 | 787,800 | 776,200 | 904,000 | 1,045,700 | 630,300 | 648,600 | 726,400 | 803,900 | 963,700 | 971,400 | 4,097,600 | 664,300 | 790,800 | 1,833,500 | 3,342,000 | 2,511,000 | 3,005,600 | 4,025,300 | 3,321,100 | 3,346,500 | |
| Current liabilities | 5,934,000 | 5,008,000 | 4,632,800 | 4,841,500 | 4,465,300 | 4,605,400 | 4,442,900 | 4,792,300 | 4,387,500 | 4,202,600 | 6,003,100 | 6,874,000 | 4,763,400 | 8,025,900 | 5,321,300 | 6,170,400 | 8,625,600 | 5,055,600 | 4,952,700 | 5,396,400 | 4,471,100 | 4,406,700 | 4,304,400 | |
| Liquidity Ratio | ||||||||||||||||||||||||
| Cash ratio1 | 2.40 | 1.08 | 0.84 | 0.16 | 0.17 | 0.20 | 0.24 | 0.13 | 0.15 | 0.17 | 0.13 | 0.14 | 0.20 | 0.51 | 0.12 | 0.13 | 0.21 | 0.66 | 0.51 | 0.56 | 0.90 | 0.75 | 0.78 | |
| Benchmarks | ||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||
| 3M Co. | 0.99 | 0.41 | 0.49 | 0.45 | 0.48 | 0.36 | 0.46 | 0.54 | 0.52 | 0.49 | 0.39 | 0.43 | 0.42 | 0.26 | 0.21 | 0.27 | 0.25 | 0.68 | 0.55 | 0.42 | 0.35 | 0.43 | 0.38 | |
| General Electric Co. | 1.16 | 1.00 | 1.01 | 0.99 | 0.84 | 0.95 | 0.93 | 1.03 | 0.98 | 1.05 | 1.06 | 1.13 | 1.17 | 1.07 | 1.01 | 0.95 | 0.91 | 0.78 | 0.64 | 0.66 | 0.67 | 0.64 | 0.65 | |
| Honeywell International Inc. | 0.62 | 0.50 | 0.55 | 0.58 | 0.65 | 0.55 | 0.55 | 0.57 | 0.56 | 0.55 | 0.56 | 0.57 | 0.35 | 0.32 | 0.29 | 0.30 | 0.40 | 0.38 | 0.43 | 0.47 | 0.46 | 0.46 | 0.46 | |
Based on: 10-Q (filing date: 2019-10-24), 10-Q (filing date: 2019-07-18), 10-Q (filing date: 2019-04-18), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-18), 10-Q (filing date: 2018-07-19), 10-Q (filing date: 2018-04-19), 10-K (filing date: 2018-02-21), 10-Q (filing date: 2017-10-19), 10-Q (filing date: 2017-07-20), 10-Q (filing date: 2017-04-20), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-10-20), 10-Q (filing date: 2016-07-25), 10-Q (filing date: 2016-04-21), 10-K (filing date: 2016-02-24), 10-Q (filing date: 2015-10-22), 10-Q (filing date: 2015-07-23), 10-Q (filing date: 2015-04-23), 10-K (filing date: 2015-02-25), 10-Q (filing date: 2014-10-16), 10-Q (filing date: 2014-07-17), 10-Q (filing date: 2014-04-16).
1 Q3 2019 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 14,252,100 ÷ 5,934,000 = 2.40
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. | Danaher Corp.’s cash ratio improved from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019. |