Applied Materials Inc (AMAT)
Cash ratio
| Jan 31, 2025 | Oct 31, 2024 | Oct 27, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 6,264,000 | 8,022,000 | 8,022,000 | 8,288,000 | 8,288,000 | 7,085,000 | 7,085,000 | 6,854,000 | 6,854,000 | 6,132,000 | 6,132,000 | 6,025,000 | 6,025,000 | 4,588,000 | 3,547,000 | 3,547,000 | 1,995,000 | 1,995,000 | 2,956,000 | 3,331,000 |
| Short-term investments | US$ in thousands | 1,949,000 | 1,449,000 | 1,449,000 | 815,000 | 815,000 | 472,000 | 472,000 | 638,000 | 638,000 | 737,000 | 737,000 | 510,000 | 510,000 | 510,000 | 500,000 | 500,000 | 586,000 | 586,000 | 592,000 | 591,000 |
| Total current liabilities | US$ in thousands | 7,736,000 | 8,468,000 | 8,468,000 | 7,228,000 | 7,228,000 | 6,884,000 | 6,884,000 | 7,076,000 | 7,076,000 | 7,372,000 | 7,372,000 | 8,224,000 | 8,224,000 | 7,871,000 | 7,250,000 | 7,250,000 | 7,379,000 | 7,379,000 | 6,833,000 | 6,650,000 |
| Cash ratio | 1.06 | 1.12 | 1.12 | 1.26 | 1.26 | 1.10 | 1.10 | 1.06 | 1.06 | 0.93 | 0.93 | 0.79 | 0.79 | 0.65 | 0.56 | 0.56 | 0.35 | 0.35 | 0.52 | 0.59 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($6,264,000K
+ $1,949,000K)
÷ $7,736,000K
= 1.06
The cash ratio of Applied Materials Inc has shown fluctuations over the recorded periods, ranging from 0.35 to 1.26. Initially, the ratio was relatively low at 0.35 in October 30, 2022, but gradually increased to reach its peak at 1.26 in July 28, 2024. The company's ability to cover its short-term liabilities with cash and cash equivalents improved significantly during this period. However, there was a slight decrease in the cash ratio towards the end of the data series, dropping to 1.06 in January 31, 2025. Overall, Applied Materials Inc has demonstrated a strong liquidity position, with the ability to meet its short-term obligations comfortably based on the data provided.
Peer comparison
Jan 31, 2025