Autodesk Inc (ADSK)
Quick 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 | 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 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,599,000K
+ $287,000K
+ $—K)
÷ $5,151,000K
= 0.37
The quick ratio of Autodesk Inc, calculated as the ratio of its liquid assets to current liabilities, has shown fluctuating trends over the periods provided.
Between April 30, 2020, and July 31, 2021, the quick ratio remained relatively stable, hovering around 0.57 to 0.58, indicating that Autodesk had enough liquid assets to cover its short-term obligations during that period. However, there was a significant drop in the quick ratio to 0.29 by April 30, 2021, and 0.30 by July 31, 2021, indicating a potential strain on the company's ability to meet its short-term liabilities with its existing liquid assets.
Subsequently, there was a recovery as the quick ratio improved to 0.55 by October 31, 2021. The ratio then declined again to 0.44 by January 31, 2022, but showed some stabilization around 0.42 to 0.47 from April 30, 2022, to October 31, 2022.
The quick ratio saw slight fluctuations around the 0.50 range between January 31, 2023, and January 31, 2025, indicating that Autodesk maintained a reasonable level of liquidity relative to its short-term obligations during this period.
Overall, the analysis suggests that Autodesk has had varying levels of liquidity to cover its short-term liabilities, with periods of improvement and decline in the quick ratio. It is essential for investors and stakeholders to monitor these trends to assess Autodesk's ability to meet its short-term financial obligations effectively.
Peer comparison
Jan 31, 2025