ACI Worldwide Inc (ACIW)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($216,394K
+ $—K
+ $—K)
÷ $602,628K
= 0.36
The quick ratio of ACI Worldwide Inc has shown fluctuations over the period of March 31, 2020, to December 31, 2024. The quick ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. A quick ratio below 1 indicates that the company may have difficulty meeting its short-term liabilities.
The quick ratio for ACI Worldwide Inc ranged from a low of 0.14 to a high of 0.36 during this period. The ratio improved from March 31, 2020, to March 31, 2021, reaching its peak at 0.26. However, there was a decline in the quick ratio from June 30, 2021, to December 31, 2024, with the ratio dropping to a low of -0.09 on March 31, 2024, which suggests a potential liquidity issue.
It's important to note that a negative quick ratio, as seen on March 31, 2024, is not a typical scenario and could indicate a serious liquidity problem for the company. The subsequent improvement in the quick ratio to 0.36 on December 31, 2024, suggests a recovery in the company's liquidity position.
Overall, the trend in ACI Worldwide Inc's quick ratio indicates varying levels of liquidity over the period, with some quarters demonstrating stronger liquidity positions than others. Further analysis of the company's financial health and operating performance would be needed to provide a more in-depth assessment.
Peer comparison
Dec 31, 2024