Autodesk Inc (ADSK)
Cash ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,599,000 | 1,437,000 | 1,513,000 | 1,681,000 | 1,892,000 | 1,526,000 | 1,714,000 | 1,909,000 | 1,947,000 | 1,665,000 | 1,440,000 | 1,518,000 | 1,528,400 | 1,748,900 | 923,500 | 923,200 | 1,772,200 | 1,537,000 | 1,439,800 | 1,389,700 |
| Short-term investments | US$ in thousands | 287,000 | 276,000 | 365,000 | 308,000 | 354,000 | 428,000 | 359,000 | 222,000 | 125,000 | 139,000 | 85,000 | 67,000 | 235,700 | 43,200 | 1,400 | 0 | 85,000 | 78,500 | 79,700 | 77,200 |
| Total current liabilities | US$ in thousands | 5,151,000 | 4,468,000 | 4,337,000 | 4,097,000 | 4,351,000 | 3,912,000 | 3,875,000 | 3,926,000 | 4,000,000 | 3,811,000 | 3,642,000 | 3,801,000 | 4,009,400 | 3,281,500 | 3,087,400 | 3,130,100 | 3,254,700 | 2,811,600 | 2,619,600 | 2,578,300 |
| Cash ratio | 0.37 | 0.38 | 0.43 | 0.49 | 0.52 | 0.50 | 0.53 | 0.54 | 0.52 | 0.47 | 0.42 | 0.42 | 0.44 | 0.55 | 0.30 | 0.29 | 0.57 | 0.57 | 0.58 | 0.57 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,599,000K
+ $287,000K)
÷ $5,151,000K
= 0.37
Autodesk Inc's cash ratio has shown some fluctuations over the reported periods, ranging from a low of 0.29 to a high of 0.58. The cash ratio measures a company's ability to cover its short-term liabilities with its cash and cash equivalents.
The data indicates that Autodesk Inc's cash ratio remained relatively stable around the 0.50 mark for several periods, before experiencing a decline in the later periods, with a decrease to 0.38 by October 31, 2024, and further down to 0.37 by January 31, 2025.
Overall, the decreasing trend in the cash ratio over the latter periods may suggest a potential challenge in the company's ability to meet its short-term obligations solely from its available cash resources. It would be advisable to further investigate the reasons behind this downward trend and assess the company's liquidity position in more detail.
Peer comparison
Jan 31, 2025