Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Emerson Electric Co., liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-K (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-Q (reporting date: 2014-12-31), 10-K (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-Q (reporting date: 2013-12-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Emerson Electric Co. current ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Emerson Electric Co. quick ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Emerson Electric Co. cash ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Current Ratio
Emerson Electric Co., current ratio calculation (quarterly data)
| 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 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Current assets | 8,032) | 7,196) | 7,139) | 7,350) | 7,152) | 6,658) | 6,619) | 8,576) | 7,725) | 8,152) | 8,252) | 8,554) | 9,446) | 8,877) | 9,960) | 10,220) | 9,913) | 9,694) | 10,049) | 10,644) | 10,344) | 10,483) | 10,867) | 10,813) | 10,203) | 9,999) | ||||||||
| Current liabilities | 7,940) | 6,340) | 5,976) | 6,218) | 6,714) | 7,540) | 6,164) | 6,954) | 5,945) | 6,192) | 5,045) | 5,370) | 3,771) | 4,146) | 8,008) | 8,326) | 8,182) | 8,202) | 7,800) | 8,312) | 8,770) | 8,877) | 8,454) | 8,533) | 7,832) | 7,108) | ||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||||||||
| Current ratio1 | 1.01 | 1.14 | 1.19 | 1.18 | 1.07 | 0.88 | 1.07 | 1.23 | 1.30 | 1.32 | 1.64 | 1.59 | 2.50 | 2.14 | 1.24 | 1.23 | 1.21 | 1.18 | 1.29 | 1.28 | 1.18 | 1.18 | 1.29 | 1.27 | 1.30 | 1.41 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||||||||||
| Boeing Co. | 1.41 | 1.17 | 1.05 | 1.11 | 1.03 | 1.07 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Caterpillar Inc. | 1.50 | 1.42 | 1.47 | 1.44 | 1.43 | 1.43 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cummins Inc. | 1.42 | 1.40 | 1.50 | 1.52 | 1.66 | 1.57 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Eaton Corp. plc | 1.50 | 1.75 | 1.70 | 1.72 | 1.83 | 1.47 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| General Electric Co. | 1.22 | 1.14 | 0.99 | 1.07 | 1.11 | 1.13 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Honeywell International Inc. | 1.63 | 1.30 | 1.34 | 1.31 | 1.19 | 1.24 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Lockheed Martin Corp. | 1.31 | 1.23 | 1.22 | 1.28 | 1.20 | 1.17 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| RTX Corp. | 1.20 | 1.23 | 1.08 | 1.06 | 1.05 | 1.13 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-K (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-Q (reporting date: 2014-12-31), 10-K (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-Q (reporting date: 2013-12-31).
1 Q2 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 8,032 ÷ 7,940 = 1.01
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. | Emerson Electric Co. current ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Quick Ratio
Emerson Electric Co., quick ratio calculation (quarterly data)
| 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 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Cash and equivalents | 2,583) | 1,635) | 1,494) | 1,603) | 1,384) | 1,248) | 1,093) | 3,411) | 2,444) | 3,096) | 3,062) | 3,140) | 5,039) | 4,151) | 3,182) | 3,516) | 3,322) | 3,109) | 3,054) | 3,393) | 3,256) | 3,122) | 3,149) | 3,049) | 2,724) | 2,737) | ||||||||
| Receivables, less allowances | 2,641) | 2,726) | 2,985) | 2,901) | 2,911) | 2,733) | 3,344) | 3,027) | 3,042) | 2,881) | 3,072) | 2,926) | 2,479) | 2,426) | 2,701) | 4,014) | 3,874) | 3,842) | 4,319) | 4,272) | 4,299) | 4,404) | 5,019) | 4,772) | 4,563) | 4,429) | ||||||||
| Total quick assets | 5,224) | 4,361) | 4,479) | 4,504) | 4,295) | 3,981) | 4,437) | 6,438) | 5,486) | 5,977) | 6,134) | 6,066) | 7,518) | 6,577) | 5,883) | 7,530) | 7,196) | 6,951) | 7,373) | 7,665) | 7,555) | 7,526) | 8,168) | 7,821) | 7,287) | 7,166) | ||||||||
| Current liabilities | 7,940) | 6,340) | 5,976) | 6,218) | 6,714) | 7,540) | 6,164) | 6,954) | 5,945) | 6,192) | 5,045) | 5,370) | 3,771) | 4,146) | 8,008) | 8,326) | 8,182) | 8,202) | 7,800) | 8,312) | 8,770) | 8,877) | 8,454) | 8,533) | 7,832) | 7,108) | ||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||||||||
| Quick ratio1 | 0.66 | 0.69 | 0.75 | 0.72 | 0.64 | 0.53 | 0.72 | 0.93 | 0.92 | 0.97 | 1.22 | 1.13 | 1.99 | 1.59 | 0.73 | 0.90 | 0.88 | 0.85 | 0.95 | 0.92 | 0.86 | 0.85 | 0.97 | 0.92 | 0.93 | 1.01 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||||||||||
| Boeing Co. | 0.47 | 0.30 | 0.23 | 0.28 | 0.25 | 0.26 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Caterpillar Inc. | 0.98 | 0.91 | 0.98 | 0.93 | 0.94 | 0.91 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cummins Inc. | 0.80 | 0.79 | 0.82 | 0.86 | 0.94 | 0.87 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Eaton Corp. plc | 0.57 | 0.68 | 0.78 | 0.99 | 1.07 | 0.82 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| General Electric Co. | 0.97 | 0.91 | 0.69 | 0.65 | 0.71 | 0.73 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Honeywell International Inc. | 1.26 | 0.93 | 0.99 | 1.00 | 0.87 | 0.92 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Lockheed Martin Corp. | 1.04 | 0.96 | 0.93 | 1.03 | 0.93 | 0.93 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| RTX Corp. | 0.75 | 0.81 | 0.73 | 0.71 | 0.70 | 0.75 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-K (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-Q (reporting date: 2014-12-31), 10-K (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-Q (reporting date: 2013-12-31).
1 Q2 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 5,224 ÷ 7,940 = 0.66
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. | Emerson Electric Co. quick ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Cash Ratio
Emerson Electric Co., cash ratio calculation (quarterly data)
| 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 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Cash and equivalents | 2,583) | 1,635) | 1,494) | 1,603) | 1,384) | 1,248) | 1,093) | 3,411) | 2,444) | 3,096) | 3,062) | 3,140) | 5,039) | 4,151) | 3,182) | 3,516) | 3,322) | 3,109) | 3,054) | 3,393) | 3,256) | 3,122) | 3,149) | 3,049) | 2,724) | 2,737) | ||||||||
| Total cash assets | 2,583) | 1,635) | 1,494) | 1,603) | 1,384) | 1,248) | 1,093) | 3,411) | 2,444) | 3,096) | 3,062) | 3,140) | 5,039) | 4,151) | 3,182) | 3,516) | 3,322) | 3,109) | 3,054) | 3,393) | 3,256) | 3,122) | 3,149) | 3,049) | 2,724) | 2,737) | ||||||||
| Current liabilities | 7,940) | 6,340) | 5,976) | 6,218) | 6,714) | 7,540) | 6,164) | 6,954) | 5,945) | 6,192) | 5,045) | 5,370) | 3,771) | 4,146) | 8,008) | 8,326) | 8,182) | 8,202) | 7,800) | 8,312) | 8,770) | 8,877) | 8,454) | 8,533) | 7,832) | 7,108) | ||||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||||||||
| Cash ratio1 | 0.33 | 0.26 | 0.25 | 0.26 | 0.21 | 0.17 | 0.18 | 0.49 | 0.41 | 0.50 | 0.61 | 0.58 | 1.34 | 1.00 | 0.40 | 0.42 | 0.41 | 0.38 | 0.39 | 0.41 | 0.37 | 0.35 | 0.37 | 0.36 | 0.35 | 0.39 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||||||||||
| Boeing Co. | 0.35 | 0.16 | 0.10 | 0.12 | 0.10 | 0.09 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Caterpillar Inc. | 0.35 | 0.27 | 0.31 | 0.29 | 0.27 | 0.26 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cummins Inc. | 0.30 | 0.29 | 0.23 | 0.28 | 0.28 | 0.24 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Eaton Corp. plc | 0.09 | 0.08 | 0.12 | 0.18 | 0.18 | 0.08 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| General Electric Co. | 0.70 | 0.67 | 0.47 | 0.41 | 0.44 | 0.47 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Honeywell International Inc. | 0.87 | 0.51 | 0.58 | 0.62 | 0.50 | 0.55 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Lockheed Martin Corp. | 0.19 | 0.13 | 0.11 | 0.16 | 0.08 | 0.06 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| RTX Corp. | 0.20 | 0.25 | 0.21 | 0.21 | 0.19 | 0.20 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-K (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-K (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-Q (reporting date: 2014-12-31), 10-K (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-Q (reporting date: 2013-12-31).
1 Q2 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 2,583 ÷ 7,940 = 0.33
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. | Emerson Electric Co. cash ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |