Autodesk Inc (ADSK)
Liquidity ratios
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.68 | 0.82 | 0.84 | 0.69 | 0.83 |
| Quick ratio | 0.37 | 0.52 | 0.52 | 0.44 | 0.57 |
| Cash ratio | 0.37 | 0.52 | 0.52 | 0.44 | 0.57 |
Autodesk Inc's current ratio has shown some fluctuations over the years, ranging from 0.69 to 0.84. This indicates that the company may have faced challenges in meeting its short-term obligations with its current assets. The current ratio below 1.0 suggests that the company may not have enough current assets to cover its current liabilities.
The quick ratio, which measures the company's ability to meet short-term obligations without relying on inventory, follows a similar trend as the current ratio, ranging from 0.37 to 0.57. This indicates that Autodesk Inc may have difficulty meeting its immediate liabilities with its most liquid assets.
The cash ratio, which provides an even stricter measure of liquidity by considering only cash and cash equivalents, shows a consistent trend similar to the quick ratio, ranging from 0.37 to 0.57. This suggests that Autodesk Inc's cash reserves may not be sufficient to cover its short-term liabilities.
Overall, these liquidity ratios indicate that Autodesk Inc may have faced challenges in maintaining sufficient liquid assets to meet its short-term financial obligations. Investors and stakeholders should closely monitor the company's liquidity position to ensure its financial stability.
See also:
Additional liquidity measure
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash conversion cycle | days | 0.00 | 343.71 | 0.00 | 0.00 | 0.00 |
Autodesk Inc's cash conversion cycle has shown fluctuations over the years. The cycle was consistently reported as 0.00 days from January 31, 2021, to January 31, 2023, indicating efficient management of cash flows during this period.
However, there was a significant increase in the cash conversion cycle to 343.71 days as of January 31, 2024. This suggests a potential delay in converting company resources into cash during that specific period.
The cycle returned to 0.00 days as of January 31, 2025, indicating a possible improvement in cash flow management. It is important for Autodesk Inc to closely monitor and manage its cash conversion cycle to ensure efficient utilization of resources and maintain healthy liquidity levels in the future.