ACI Worldwide Inc (ACIW)

Cash ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cash and cash equivalents	US$ in thousands	216,394	177,860	156,983	183,393	164,239	139,520	132,391	142,412	124,981	134,799	118,953	114,754	122,059	141,482	146,213	184,364	165,374	133,845	129,223	119,124
Short-term investments	US$ in thousands	—	—	—	-271,886	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	US$ in thousands	602,628	697,294	1,044,120	948,820	1,037,250	945,630	781,866	700,910	858,842	997,974	845,002	813,612	754,155	803,485	766,459	716,119	905,605	590,182	580,459	556,356
Cash ratio		0.36	0.26	0.15	-0.09	0.16	0.15	0.17	0.20	0.15	0.14	0.14	0.14	0.16	0.18	0.19	0.26	0.18	0.23	0.22	0.21

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($216,394K + $—K) ÷ $602,628K
= 0.36

The cash ratio of ACI Worldwide Inc has shown fluctuating trends over the specified time period. The company's cash ratio started at 0.21 as of March 31, 2020, increased to 0.26 by March 31, 2021, and then declined to 0.14 as of June 30, 2022. Subsequently, the cash ratio slightly increased to 0.20 by March 31, 2023, before dropping to -0.09 as of March 31, 2024.

It is uncommon for a cash ratio to be negative, and it may indicate that the company's cash and cash equivalents are insufficient to cover its current liabilities. However, it is important to further investigate the reasons behind this negative ratio.

Overall, the cash ratio of ACI Worldwide Inc has been somewhat volatile, with some fluctuations observed in the company's ability to cover its short-term liabilities with its cash and cash equivalents. It is advisable for stakeholders and analysts to closely monitor the trend in the cash ratio to assess the company's liquidity position.