Ecolab Inc

NYSE ECL

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Ecolab Inc Cash Ratio 1 year YoY Change (%) for the year ending December 31, 2023: 48.82%

Ecolab Inc Cash Ratio 1 year YoY Change (%) is 48.82% for the year ending December 31, 2023, a 20.96% change year over year. The cash ratio measures a company's ability to cover its current liabilities with its available cash. It is calculated by dividing cash by current liabilities. This ratio indicates the company's short-term liquidity position and its ability to meet its immediate obligations using its cash reserves. A higher cash ratio suggests a stronger ability to cover short-term liabilities. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Ecolab Inc Cash Ratio for the year ending December 31, 2022 was 0.14, a 40.36% change year over year.
  • Ecolab Inc Cash Ratio for the year ending December 31, 2021 was 0.10, a -76.43% change year over year.
  • Ecolab Inc Cash Ratio for the year ending December 31, 2020 was 0.43, a 1,213.43% change year over year.
  • Ecolab Inc Cash Ratio for the year ending December 31, 2019 was 0.03, a 5.14% change year over year.
NYSE: ECL

Ecolab Inc

CEO Mr. Christophe Beck
IPO Date Jan. 5, 1988
Location United States
Headquarters 1 Ecolab Place, Saint Paul, MN, United States, 55102-2233
Employees 48,000
Sector Basic Materials
Industry Specialty chemicals
Description

Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries. Its Global Institutional & Specialty segment provides specialized cleaning and sanitizing products to the foodservice, hospitality, lodging, government and education, and retail industries. The Global Healthcare & Life Sciences segment offers specialized cleaning and sanitizing products to the healthcare, personal care, and pharmaceutical industries, such as infection prevention and surgical solutions, and end-to-end cleaning and contamination control solutions under the Ecolab, Microtek, and Anios brand names. In addition, the company provides pest elimination services to detect, eliminate, and prevent pests, such as rodents and insects in restaurants, food and beverage processors, hotels, grocery operations, and other commercial segments including education, life sciences, and healthcare customers. Further, it offers colloidal silica for binding and polishing applications in semiconductor, catalyst, and aerospace component manufacturing, as well as chemical industries; and products and services that manage wash process through custom designed programs, premium products, dispensing equipment, water and energy management, and reduction, as well as real time data management. It sells its products through field sales and corporate account personnel, distributors, and dealers. Ecolab Inc. was founded in 1923 and is headquartered in Saint Paul, Minnesota.

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StockViz Staff

September 19, 2024

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